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Revenues drop for Mears but care turnover rises
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...
Revenues rise but profits down at MMCG
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,...
Cambian buys foster agency By the Bridge in £44m deal
Cambian has further expanded its services for children by acquiring independent fostering agency By the Bridge for £44m from Apposite Capital.The acquisition will be...
CareTech on fundraising drive
Specialist care provider CareTech Holdings is aiming to rise £21m through the placing of 10m shares.The AIM-listed operator initially set out to raise £15m,...
Solid year end results for Runwood
Revenues rose by 11.5% from £93.7m to £105.7m for Runwood Homes in the year ended 30 September 2014.
After taking into account cost of sales...
CMG’s debut results show small profits
CMG HoldCo, the company which acquired Care Management Group on 2 December 2013, also the date it commenced trading, reported revenues for the 23-weeks...
‘Depressed’ results from Ashley House
Health and community care property specialist Ashley House plc has announced ‘depressed’ profits for the six months ended 31 October 2014 as it funded...
Administrators called in for former SX homes
Life Style Care has called in the administrators for one of its businesses.
Life Style Care (2011) plc has an estate of 23 care homes...
New debt facility for LNT
Turn-of-key homes developer LNT has agreed a £30m debt facility with Omni Capital. With a four and a half year term, LNT Care Developments...
Depressed results from Ashley House
Health and community care property specialist Ashley House plc has announced depressed profits for the six months ended 31 October 2014 as it funded its extra care business.
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