Profits down at Norse Care

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...

Revenues rise but profits fall for Prime Life

Prime Life Limited’s revenues rose from £45.1m to £46.5m for the year ended 31 March 2015. Cost of sales also rose to £36.6m (2014: £35.2m)...

Cambian reports shortfall in expectations

In a stock exchange statement, specialist care provider Cambian has said it believes that its underlying EBITDA for the year ended 31 December 2015...

Optalis has satisfactory year

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 to £11m. Taking into account cost of sales of £8.8m (2014: £8.4m) and administrative expenses of £2.1m (2014: £2.2m), the operator achieved an operating profit of £155,000 (2014: £5,000). After no interest charges or income was reported, Optalis posted the same figures for its pre-tax profit.

Four Seasons’ staffing problems continue

Four Seasons parent company Elli Investments Limited reported a difficult second quarter with turnover dropping by 3.5% to £172.9m from £179.2m at the same...

Four Seasons staffing problems continue

Four Seasons parent company Elli Investments Limited reported a difficult second quarter with turnover dropping by 3.5% to £172.9m from £179.2m at the same time in 2014. The operator attributed this to the business having 24 fewer care homes due to closures or disposals and eight less facilities under The Huntercombe Group brand.

Mi Homecare contract win

MITIE’s homecare business Mi Homecare has been awarded two contracts which it says will be worth more than £5m over a five-year period. The...

Compass grows revenue despite funding pressure

Compass Holdco, the holding company for a number of companies operating under the Compass fostering brand, reported a growth in both revenue and operating...

Cambian enjoys successful six months

Profits leaped for specialist care provider Cambian in the six months ended 30 June 2015, its unaudited accounts for the period show.Revenue rose from...

SSL posts positive results

Signature Senior Lifestyle Holdings Limited (SSL Holdings) whose group operations include the operation of ‘super-premium’ care home assets delivered growth across all three aspects...