Mears’ margins tested despite growth

Mears Group experienced a 32% growth in revenue for the year ended 31 December 2013 but both its social housing and care divisions witnessed...

Grant Thornton predicts LA fee rise

The residential care home sector will continue to grow despite cuts to local authority budgets, an incredibly positive report from Grant Thornton suggests. It claims...

Servoca remains solid

AIM-listed recruitment agency and homecare provider Servoca has reported revenues of £43m for the year ended 30 September 2013, an increase of 1.3% to...

Growth for South Coast Nursing

South Coast Nursing Homes reported a turnover of £11.9m for the year ending 31 October 2013, an increase on the £9.5m recorded in 2012.Costs...

OSJCT receives £50,000 grant

The Orders of St John Care Trust (OSJCT) received a £50,000 grant from the Burdett Trust last month to fund a one-year evaluation project...

Turnover leap for Countrywide

Care home group Countrywide Care Homes recorded a turnover leap of over £20m for the year ending 30 April 2013. Turnover hit £42.8m (2012:...

Four Seasons calls for fees to meet required standards

Chairman and interim chief executive of Four Seasons Health Care Ian Smith has called on councils to work with the government regulator to ensure...

Wall Street investor for NCC

Further US finance is flowing into the care sector after Wall Street investment firm Anchorage Capital Group took a majority stake in New Century...

Craegmoor acquires New Directions

Craegmoor, part of the Priory Group of Companies, has acquired specialist residential care and support provider New Directions for an undisclosed sum.New Directions specialises...

Creative adds Delos to its estate

Not-for-profit learning disability operator Creative Support has purchased Delos Community for an undisclosed sum. Delos provides residential care, community outreach services, supported living and...