Saturday, February 16, 2019

Agincare finds recruitment and retention challenging

Recruitment and retention remains a ‘major challenge’ for Agincare, the independent care provider has highlighted in its latest financial report. Its group strategic report for...

Income falls at Milestones

The Milestones Trust reported a slight drop in its total incoming resources from £28.9m in 2016 to £28.5m for the year ended 31 March...

Audley secures £125m loan

Retirement villages provider, Audley Group, has refinanced its debt facilities with a £125m five-year term loan from HSBC and Bank Leumi (UK). The facility will fund the Audley...

Losses grow at Cambian subsidiary

Cambian Autism Services Ltd, a subsidiary of the Cambian Group, saw its losses grow to £7.4m in the 12 months to 31 December 2017,...

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...

Property slowdown hits Aveo’s profits

Australian retirement village owner and operator Aveo Group has reported challenging first half results as the Sydney-based group confirmed that it is assessing a...

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...

Turnover dips at Grosvenor

Grosvenor Health and Social Care Ltd – formerly known as Sevacare Holdings Ltd – has seen a dip in turnover for the year ended...

Keys Group makes two acquisitions

The Keys Group has acquired the children’s services division of Aspirations Care and The Leaving Care Company for undisclosed sums. Aspiration’s specialist children’s services division...

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...