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Mears declares £1bn of contracts signed in 2010
Social housing and domiciliary care giant Mears Group has released an interim management statement which it clearly hopes will lay to rest any fears...
The Perfect Storm
Four Seasons Health Care, the country’s third largest long term care provider has spent the past few years in rough seas.
The £1.4bn Qatari sponsored...
Swanton reports good platform for expansion
Complex needs care provider Swanton Care & Community has released its results for the year to 31 December 2009. Consolidated loss after taxation for...
Sanctuary going steady
Sanctuary Care has reported a steady set of financials for the year ended 31 March 2010.The firm recorded an increase in profit from £2.9m...
LNT raises £30m through sale and leaseback
The parent owner of one of 2010’s fastest growing care providers Ideal Care Homes, LNT Group, has sold the freehold to seven of its...
Acromas pitches for, and catches Nestor
Having last month claimed to be interested in acquiring homecare giant Allied Healthcare, the private equity group Acromas Holdings has this month had a...
Southern Cross head admits landlords hold worrying power
The long term future of the country’s largest elderly care provider, Southern Cross Healthcare, rests in the hands of its landlords the chief executive...
Quality proves key in the care home market
The number of care operators placed into administration during 2010 may not have hit the nightmare heights initially feared, however, the numbers don’t look...
Rotten eggs at Wren
Trading in shares of Wren Extra Care were suspended in October when the company announced that it had yet again been forced into discussions...
UNDER PRESSURE
The demographics are in care operators’ favour but a combination of factors are making the sector ever tougher.
Deloitte’s reorganisation expert Gain Wright offers his...
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