Cambian adds Woodleigh to portfolio

Cambian has added Woodleigh Community Care to its growing portfolio of businesses, acquiring the specialist care provider for an undisclosed sum. Woodleigh provides care and...

Norse Care continues to grow steadily

Local authority trading company Norse Care reported a marginal increase in turnover from £32.9m to £33.5m for the year ended 31 January 2014. A slight...

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 £14.1m (2013: £16.1m) and administrative expenses of £8.4m (2013: £9.9m), the company made an operating profit of £5.8m (2013: £6.3m). Interest charges of £1.3m, mainly from bank borrowing (£1.1m), left the group with a pre-tax profit of £4.5m (2013: £5m).

Revenues fall at B&M

Care home operator B & M Care Group Ltd reported a 6.6% drop in revenues from £33.7m to £31.5m for the year ended 30...

HC-One plans to stream-line its business

Following the acquisition of the NHP portfolio by Formation Capital and Safanad (CCMn November 2014), HC-One is to restructure with the aim of focusing...

Steady year for AFG after restructure

Specialist care charity Alternative Futures Group (AFG) reported total incoming resources of £56.3m for the year ended 31 March 2014, a 2.7% increase on...

Tendering success boosts CIC turnover

Specialist care operator Community Integrated Care (CIC) reported a 6% increase in incoming resources from £94.2m to £99.8m for the year ended 31 March...

Administrative expenses hit CareTech’s profits

Specialist care provider CareTech reported revenues of £123.3m in its preliminary results for the year ended 30 September 2014, an increase of 7.9% on...

MBO of franchise business SureCare

Managing director of homecare and children operator SureCare Gary Farrer has bought the franchise business from Housing & Care 21 for an undisclosed sum.Through...

Mears secures another outcomes-based contract

After the success of its outcome-based commissioning partnership with Wiltshire county council, Mears has been appointed preferred bidder by Torbay & Southern Devon NHS...