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Reversal of fortune for Tunstall as public sector cuts begin to bite
Telecare and telehealth specialist, Tunstall Healthcare Group, reported huge losses for the year ending 30 September 2011 following a year of government spending cuts...
Rental costs put Cambian in the red
Turnover at Mental health and learning disability care provider Cambian Healthcare continued to increase and grew around £9m in 2011 to £46.2m (2010: £37.7m)...
ExtraCare receives £120m boost to finance five retirement villages
Retirement village operator the ExtraCare Charitable Trust has undertaken a £120m refinancing arrangement with Lloyds Bank Wholesale Banking & Markets.The deal sees a rearrangement...
New Horizons for NGBI
NGBI private equity (NGBIPE) plans to transform Horizon Care into a market leader after acquiring the business.The Midlands-based specialist care provider operates 13 residential...
Palms Row drops leaves
Palms Row Health Care struggled throughout 2011, posting a pre-tax loss of £463,000, despite receiving £9m for the sale of subsidiary business, the Kingsland...
Profits steady at B&M
B&M Care Group Ltd reported stable profits for the year ending 30 September 2011. Operating profits grew slightly from £7.7m in 2010 to £7.8m...
Badby Park gets a new Patron
Patron Capital has acquired specialist care facility Badby Park, installing former Four Seasons and Westminster Healthcare chief executive Tony Heywood as chairman.The undisclosed investment...
Fostering and education helps Acorn grow
Specialist childcare provider Acorn Care 1 Limited reported revenues of £82.2m for the year ended 31 August 2011.
In the seven and a half months...
Stepping Stones rock steady
Stepping Stones Resettlement Unit Ltd, learning disability residential care provider, reported another set of solid results for the year ending 31 August 2011.Turnover increased...
Caretech in £150m refinancing
Specialist social care provider Caretech has been refinanced in a deal worth £150m following negotiations with four banks.A previous facility was due to expire...
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