Ideal Carehomes back to profit

Ideal Carehomes was back in the black at the year ended 31 March 2017 as it moves towards providing care primarily to self-paying residents. Revenues for Ideal Carehomes (Number One) Limited rose 42.5% from £18.3m to £26m. After deducting cost of sales of £15.8m (2016: £11.8m) and administrative expenses of £8.7m (2016: £6.7m), the provider…