Business

Specialist care provider The Hesley Group weathered the storm from the knock-on effects of government cuts posting a steady set of results for the...

The Abbeyfield Society reported a turnover of £38.6m for the year ended 30 March 2012, an increase of 6% on the previous year’s £36.4m. The...

Care home operator Bondcare has denied claims it is experiencing financial difficulties, stating all its four operating companies are solvent. Reports in The Independent and The Observer earlier this month claimed the business was in trouble after it emerged one of its companies BC2 had been put into receivership with Ernst & Young in July. But the receivers told CCMn that the move to dissolve the holding company of Bondcare Nilerace was made to enable the directors to transfer this company, which manages 39 former Southern Cross care homes, to Healthcare Management Solutions (HCMS), which operates a number of care homes in the Midlands and Wales. A Bondcare spokeswoman said: Bondcare operates 35 care homes under four operating companies. 39 former Southern Cross nursing homes were operated by Bondcare under a fixed contract which expired at the end of September. This contract has now been passed to another provider. Bondcare’s remaining homes are operated by financially sound, private companies and our resources are focussed on providing high quality care for our residents.’

Optimum Care Limited reported revenues of £24.1m for the year ended 31 March 2012, an increase of 17% on the previous year’s £20.4m. Operating...

Results from charitable provider Leonard Cheshire Disability showed a steady performance for the year ending 31 March 2012 mirroring its results from 2011.Incoming resources...

utsourcing company MITIE made a daring entry into the UK domiciliary care sector last month, snapping up Enara from August Equity for an 11...

Sean Sullivan, the man brought into Castlebeck to rehabilitate the brand and turnaround the business in the wake of the Winterbourne View scandal, talks...

Care home operator ADL plc enjoyed a leap in turnover for the year ended 31 March 2012. The company reported revenues of £7.3m, an increase...

Not-for-profit care and housing provider Anchor Trust reported a drop in revenues for the year ended 31 March 2012. Total turnover stood at £267.5m, a...

Metric Capital Partners (MCP) has financed a management buy- out of specialist school operator Kedleston UK from Lydian Capital.The five-year-old business has grown through...