Business

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.

Optalis, the care business wholly-owned by Wokingham borough council, reported a 4.3% rise in revenues for the year ended 31 March 2015 from £10.6m...

Revenues for homecare franchise Bluebird Care rose to £6.6m for the year ended 31 December. This compares to turnover of £4.2m for the previous...

CareTech Holdings reported in a post-close trading update ahead of the publication of its results for the year ended 30 September 2015 in December...

Leonard Cheshire Disability experienced a 5% increase in incoming resources from £154.6m to £162.2m for the year ended 31 March 2015.Its resources expended figure...

While saying it is ‘committed to the UK aged care sector’ Bupa has refused to scotch growing market speculation that it has put 200...

Revenues remained steady but profits dropped significantly Ashley House’s preliminary results for the year ended 30 April 2015 show. Turnover stood at £8.4m (2014: £8.3m)...

Revenues for homecare franchise Bluebird Care rose to £6.6m for the year ended 31 December. This compares to turnover of £4.2m for the previous 9 months. After cost of sales of £295,000 (2013: £298,000) and administrative expenses of £2m (2014: £1.1m) were deducted, Bluebird made an operating profit of £4.3m (2013: £2.8m). Adding on interest receivable and similar income of £2,000 (2013: £18,000), the business made a pre-tax profit of £4.3m (2013: £2.8m).

Revenues remained static for local authority-owned care provider Norse Care. For the year ended 31 January 2015 turnover stood at £33.4m, marginally less than the...