Engage Mutual slips deeper into loss

Health cash plan provider Engage Mutual sank deeper into loss last year as its results for the year ending 31 December 2012 show, though...

Lasercare profits rise despite growth fall

Lasercare Clinics, the cosmetic skin treatment provider which trades under the name Sk:n, in the year to 31 August 2012, saw turnover fall slightly...

Capita H&W profits hit by Aviva acquisition

Capita Health and Wellbeing Limited, the occupational health services provider, in its director’s report and financial statements for the year ended 31 December 2012...

Enara boosts Mitie’s coffers

Following its acquisition by Mitie for £110.8m last year (CCMn November 2012), thehomecare provider Enara contributed revenues of £43m for the first six months...

Enara boosts Mitie’s coffers

Following its acquisition by Mitie for £110.8m last year (CCMn November 2012), thehomecare provider Enara contributed revenues of £43m for the first six months under its new owner, the facilities management company’s results for the year ended 31 March 2013 show. This is more or less in line with the full year revenue contribution of £93m projected by Mitie at the time of acquisition in October 2012. Under the auspices of Mitie’s newly-formed healthcare division, Enara recorded an operating profit of £5.7m or 13.3% of revenue, a lower rate than in past years, but still continuing the company's record of delivering profits significantly above the sector average for homecare providers. A post-tax profit of £3.9m was recorded. Mitie reported that the acquisition of Enara was an ideal entry point to grow within the wider healthcare market’. The directors added that the integration of the homecare operator was going well, with the business performing ahead of expectations.

Flat financial year for Carewatch

Homecare and assisted living service provider Carewatch Holdings Limited has reported revenues of £51.5m for the year ended 31 December 2012. This marks only...

Sovereign enters into agreement for Hillcrest

Sovereign Capital has entered in an exclusivity agreement to buy special education provider Hillcrest Care. It has been reported that the private equity house, which...

Life Style Care posts small profit on ex-Southern Cross portfolio

Care Home operator Life Style Care (2011) plc has reported revenues of £50.9m in its first 14 months of trading to 31 October 2012....

Turnover doubles at Ideal

Ideal Carehomes Ltd saw turnover increase from £4.4m (as restated in 2012) to £8.1m for the year ending 31 March 2012.However, costs shot up...

CareTech has a solid six months

Specialist care provider CareTech enjoyed a fairly solid financial performance against a background of local authority constraints during the six months up to 31...