SA childcare group in voluntary administration

Like so many businesses, Adelaide's precious cargo childcare chain did it tough during the pandemic, prompting this emotional tribute from its director, Cheryl Shegrove. My staff have done it without complaint, truly Or inspiring. I get sorry, get a bit choked up there, have been amazing. Now the future of those workers is in doubt and close to 600 families have been left to worry. All the girls working here, they're really lovely. But it's just the changing that it means it could be a lot of uncertainties in the future. That you don't know what's gonna happen, the business suddenly placed into voluntary administration. There are significant debts that have been incurred over over a period of time, including tax debts and that ultimately has led to where we are. The companies founder sharing her regret in a letter addressed to families saying in recent years there have been some challenges that the company has not been able to overcome that have been experienced sector wide. And I apologise that my journey has come to a close. But asked that you work together with the administrators and I to find a way forward to preserve precious cargo. Administrators now urgently seeking a buyer for the business. They've been around for 18 years. They've got an attractive infrastructure, a great reputation and I think that they will sell. While on the hunt for a buyer, the administrator says it's business as usual. Childcare bookings will remain as well as the company's more than 300 staff. They're my prime objectives are to make sure that staff keep their jobs so they can keep giving the care. Samantha Hogan, 9 News.