Business

After almost a year on the market, pan-European investor Aurelius Group has acquired Allied Healthcare, the UK’s largest domiciliary care provider, for £19m.Under the...

The ExtraCare Charitable Trust reported a 17.9% drop in turnover for the year ended 31 March 2015 from £68.1m to £55.9m. Deducting operating costs of...

Unlike many of its peers, Barchester Healthcare had a solid financial 12-month period in the year ended 31 December 2014. Revenues rose from £495.5m to...

In what the directors described as a disappointing year’, Shaw Healthcare reported a marginal rise in revenues from £87.5m to £87.8m for the year ended 31 March 2015. After operating costs of £69.4m (2014: £69.2m) and administrative expenses of £11m (2014: £12.2m) were deducted, the care provider posted a 22.8% increase in operating profit from £6.1m to £7.5m. However, its 2014 operating figure before exceptional items, including restructuring costs of £260,000 and an impairment charge of £2.1m, stood at £8.3m, higher than the comparable figure of £7.7m for 2015.

AK (SPV) Limited, the parent company of Akari Care, reported £43m in turnover for the year ended 31 October 2014, a £1m rise on...

Life Style Care (2010) plc reported revenues of £20.9m for year ended 31 March 2015, an increase of 7.7% on the previous year’s £19.2m. Taking...

Precious Homes Group has acquired five specialist care facilities from Consensa Care. Based in London and Essex, the acquired assets include supported living, learning...

While the third quarter of 2015 saw a slight recovery in the fortunes of Four Seasons Health Care, it was still not sufficient to generate funds of more than £100m needed to pay bondholders and rents.

MITIE reported a 9.5% drop in operating profit to £58.1m for the six months ended 30 September 2015, which the directors said largely reflected a deterioration in the results’ of its homecare business.

AIM-listed specialist care provider CareTech is to acquire residential childcare business ROC North West for up to £11.4m. The deal comprises a net initial cash...