Keys Group makes two acquisitions
The Keys Group has acquired the children’s services division of Aspirations Care and The Leaving Care Company for undisclosed sums.
Aspiration’s specialist children’s services division...
Ideal Carehomes back to profit
Ideal Carehomes was back in the black at the year ended 31 March 2017 as it moves towards providing care primarily to self-paying residents....
Fremantle reports 1.6% rise in revenue
The Fremantle Trust reported a 1.6% rise in revenues for the year ended 31 March 2017 from £48.7m to £49.4m.
Total expenditure also increased to...
CIC moves into the red
Not-for-profit operator Community Integrated Care (CIC) went into the red for the year ended 31 March 2017 thanks to poor performance of its older...
Government delay takes Ashley into the red
Government delays over its LHA cap reforms hit listed housing with care operator Ashley House's revenues and profits, as it failed to bring any...
Meallmore reports rise in revnue
Care home operator Meallmore Limited reported a 8.1% rise in revenues from £39.9m to £43.2m for the year ended 31 March 2017.
Direct costs stood...
Income falls at Milestones
The Milestones Trust reported a slight drop in its total incoming resources from £28.9m in 2016 to £28.5m for the year ended 31 March...
Excelcare profit drop
Excelcare Holdings reported a 43.2% rise in revenues but profits plummeted for the care home provider in the year ended 31 March 2017.
Turnover stood...
‘Tough year’ for RVG pre sale
Ahead of its sale to AXA Investment Managers - Real Assets in September, Retirement Villages Group (RVG) reported a 28.5% rise in revenues for...
Audley secures £125m loan
Retirement villages provider, Audley Group, has refinanced its debt facilities with a £125m five-year term loan from HSBC and Bank Leumi (UK).
The facility will fund the Audley...
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