Tuesday, November 19, 2019
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Four Seasons agrees £70m loan with H/2 Capital

Four Seasons Health Care announced this morning that H/2 Capital Partners is to provide up to £70m in funding to help the care home...

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...

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....

Fremantle reports 1.6% rise in revenue

The Fremantle Trust reported a 1.6% rise in revenues for the year ended 31 March 2017 from £48.7m to £49.4m. Total expenditure also increased to...

CIC moves into the red

Not-for-profit operator Community Integrated Care (CIC) went into the red for the year ended 31 March 2017 thanks to poor performance of its older...

Government delay takes Ashley into the red

Government delays over its LHA cap reforms hit listed housing with care operator Ashley House's revenues and profits, as it failed to bring any...

Meallmore reports rise in revnue

Care home operator Meallmore Limited reported a 8.1% rise in revenues from £39.9m to £43.2m for the year ended 31 March 2017. Direct costs stood...

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...

Excelcare profit drop

Excelcare Holdings reported a 43.2% rise in revenues but profits plummeted for the care home provider in the year ended 31 March 2017. Turnover stood...

‘Tough year’ for RVG pre sale

Ahead of its sale to AXA Investment Managers - Real Assets in September, Retirement Villages Group (RVG) reported a 28.5% rise in revenues for...