Acorn slides further into the red

Revenues rose by 1.7% for Acorn Care 1 Ltd but the specialist care and education business slid further into the red, its accounts for...

Sharp drop in turnover at Balhousie

Balhousie Holdings Limited reported a 21.5% drop in revenues from £37.6m to £29.5m for the year ended 30 September 2014. After deducting cost of...

Mears acquires Care UK’s homecare business

Following the announcement of the sale of its mental health services to Partnerships in Care (CCMn May 2015), Lifeways has acquired Care UK’s learning...

Mears acquires Care UK’s homecare business

Following the announcement of the sale of its mental health services to Partnerships in Care (CCMn May 2015), Lifeways has acquired Care UK’s learning disability services and its domiciliary care business has been sold to Mears Group for £11.3m.

Cygnet poised for growth under new owners

Psychiatric care services provider Cygnet has reported revenue of £118.4m for the 14 months ended 31 December 2014.

HC-One puts 24 homes up for sale

HC-One is to dispose of 24 care homes across the UK. The operator said the homes had been selected for sale as they were ‘geographically...

MHA completes £70m refinancing

Methodist Homes (MHA) has completed a £70m refinancing deal with Barclays in order to expand further. The funds will be used to develop more...

Bupa caps 2015 spending

Bupa chief executive Stuart Fletcher has revealed that it only has up to £300m to spend in 2015 and it is looking at new...

Turnover down for Glen Care

Revenues fell by 12% for complex care provider Glen Care in the year ended 31 July 2014 from £2.8m to £2.5m. Taking into account cost...

Four Seasons still struggling in Q1

In its latest statement to bondholders, Four Seasons Health Care’s directors reported: ‘The EBITDA of £9.7m for Q1 2015 was £6.2m below the comparable...