Saturday, February 16, 2019

Drop in costs dampens losses at Eden

Turnover for specialist care operator Eden Care & Support Limited remained static at £13.8m for the year ended 31 March 2017 (2016: restated £13.9m)....

Funding challenges bite Disabilities Trust

The Disabilities Trust has reported a slight dip in operating income for the year ended 31 May 2017, due to the challenging financial environment...
CareTech’s purchase of Cambian cleared by CMA

CareTech’s purchase of Cambian cleared by CMA

The Competition and Markets Authority (CMA) has cleared CareTech Holdings’ acquisition of the Cambian Group. CareTech completed the purchase of Cambian on 19 October, however,...

Orders of St John reports ‘muted’ performance

Described as a ‘muted’ financial performance, not-for-profit operator The Orders of St John Care Trust (TOSJCT) reported income of £116.2m for the year ended...

MPS Care Group boosted by strong occupancy levels

Turnover at care home provider MPS Care Group Ltd grew 7.4% to £15.9m in the year ended 30 April 2017, up from £14.8m in...

SeniVita Social Estate plans capital reduction ahead of IPO

German care homes developer SeniVita Social Estate is to embark on a capital reduction ahead of a long-awaited IPO in Frankfurt. The 5:1 reduction in...

Future lease costs leave Avery just in the red

Avery Healthcare Holdings reported a 7.7% rise in revenues for the year ended 31 March 2017 from £126m to £135.8m. Cost of sales were £72.9m...

MiHomecare focused on growth

MiHomecare Ltd reported a 4% drop in turnover to £48.4m in the year ended 31 March 2017, from £50.7m in 2016. Cost of sales at...
Carterwood completes sale to Hamberley

Carterwood completes sale to Hamberley

Carterwood has completed the sale of a development site on behalf of Malvern Homes to Hamberley Care Homes, for an undisclosed sum. The site has...

C&C acquires majority of Ark Home Healthcare

Ark Home Healthcare has been offloaded by private equity fund Core Capital for an undisclosed sum to City and County Healthcare Group, with MiHomecare...