Business

Acorn Care and Education has acquired East Midlands-based children’s residential care home business Pathway Care Solutions for an undisclosed sum. The deal marks the ‘latest...

Priory Group is considering the ‘long-term options’ of its residential, nursing and dementia care business but would not comment on speculation that it is...

Homecare provider Servoca reported revenues of £49m for the year ended 30 September 2014, an increase of 13.7% on the previous year’s £43m. After...

Bupa UK achieved revenues of £2,711.2m for the year ended 31 December 2014, compared to £2,573.5m the previous year. The provident association reported an underlying...

Homecare provider Servoca reported revenues of £49m for the year ended 30 September 2014, an increase of 13.7% on the previous year’s £43m. After cost of sales of £34.8m (2013: £30.8m) and administrative expenses of £12.6m (2013: £11.5m) were deducted, an operating profit of £1.6m was recorded (2013: £745,000).Subtracting finance costs of £80,000 (2013: £73,000), Servoca made a pre-tax profit of £1.6m (2013: £672,000).

Bupa UK achieved revenues of £2,711.2m for the year ended 31 December 2014, compared to £2,573.5m the previous year. The provident association reported an underlying profit for its UK operations, which includes its 280 care homes, of £175m (2013: £139.5m) in its preliminary results.

Priory Group is considering the long-term options’ of its residential, nursing and dementia care business but would not comment on speculation that it is for sale.

LNT Group has rebranded its construction arm as LNT Carehome Developments. Encompassing its Turn of Key and Turn of Key plus (which includes a...

Homecare provider Mears Group experienced a 3% drop in revenues for the year ended 31 December 2014, from £865.6m to £838.7m.Turnover, however, in its...

Maria Mallaband Care Group (MMCG) enjoyed a 17.8% rise in turnover for the year ended 30 April 2014 from £53.3m to £62.8m. Cost of sales,...