Sales up for Colten Care

Colten Care experienced a 19% rise in revenues on its estate of 19 care homes for the year ended 28 February 2014 to £48.2m...

Revenues soar for Country Court

Revenues rose by 31% for Country Court Care Homes in the year ended 31 March 2014 from £5.4m to £7.1m. Taking account of cost...

McCarthy & Stone boosted by demand

Retirement housing provider McCarthy & Stone reported a 25% rise in revenues for the year ended 31 August 2014 from a restated 2013 figure...

Balhousie records loss ahead of refinancing

Scottish care home operator Balhousie Holdings Limited reported revenues of £37.6m for the 17 months ended 30 September 2013. The business reported turnover of £22.1m...

Transcation costs hit Tracscare profits

In the financial period before it was sold by Sovereign Capital to G Square Healthcare Private Equity (CCMn June 2014), Tracscare experienced a marginal...

Solid results for on-the-market Meridian

Currently up for sale, the year ended 31 March 2014 was a steady one for Meridian Healthcare (Holdings) Limited. Revenues roses marginally from £32.5m...

Four Seasons implements £40m credit agreement

Four Seasons Health Care has implemented the changes to its revised £40m corporate credit facility, which it agreed with its banks at the end...

Sovereign backs Nurse Plus MBO

Key Capital Partners (KCP) has sold its investment in Nurse Plus to a secondary MBO led by chief executive Heath Blake and managing director Pamela Bruce. The deal was funded by Sovereign Capital. No financial details have been disclosed but Sovereign described its investment as significant.

Mears positive about future success

Mears reported in a pre-close trading update that it has ‘92% visibility of the market consensus revenue forecast for 2015 of £886m’, compared to...

Residential home growth boosts Somerset Care’s business

Somerset Care Limited achieved a slight rise in turnover from £80.5m to £80.8m for the year ended 31 March 2014. After cost of sales of...