Torsion’s care arm trading ‘as normal’ despite difficulties with construction business

Torsion Care continues to ‘trade as normal’ despite the overarching group confirming directors of its construction arm have filed a notice of intention to...

OakNorth supports development of bungalows at care village

OakNorth has provided a £4.7m loan to Spring House Farm Developments Ltd, to support the development of 19 close care bungalows near Pocklington, East...

Demand ‘remains strong’ for Kedleston Group

Opening additional sites helped improve the financial performance at Kedleston Group. Results showed the group opened two schools, started the development of a new site...

B&M Care targets dementia provision to meet growing needs

B&M Care posted rising revenue and profitability as the group continues to grow its dementia provision to meet growing needs. The provider, which operates 28...

CMA extends timeframe on Welltower care home decision

The Competition and Markets Authority (CMA) will take more time to decide whether or not to accept remedies offered relating to the Welltower care...

Kingsley Healthcare strengthens presence along south coast

Kingsley Healthcare has acquired St George’s Care Home in Milford on Sea, Hampshire, for an undisclosed sum. Acquisition of the 55-bed nursing home follows its...

Homes2Inspire continues to grow service provision despite rising costs

The opening of new residential children’s homes helped grow revenue at Homes2Inspire Ltd but additional costs impacted profitability. Latest results showed revenue growth was attributed...

Demand for residential and nursing care remains ‘robust’, says report

The UK care sector continues to demonstrate ‘resilience’ despite cost pressures and workforce challenges impacting providers. OakNorth’s latest update on the sector shows demand for...

Agincare acquires Nottingham care home

Agincare has acquired Devonshire Avenue Care Home in Nottingham, Nottinghamshire, for an undisclosed sum, safeguarding support for residents and securing jobs. The home provides care...

Value of HC-One’s portfolio surpasses £1bn mark

The value of HC-One’s property portfolio surpassed the £1bn mark, as the group continues with its upgrade programme to many of its homes. Results for...