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Whitecross takes control of Care UK’s finances
Phil Whitecross has joined Care UK as chief financial officer. The former chief executive of InHealth has worked with Care UK as group commercial...
How to be sucessful in a seller’s market: Tim Nye of Trowers & Hamlins...
The care sector has seen a number of acquisitions in recent months, particularly in the specialist services sector, for example Universal Health Services buying...
‘Inappropriate’ in-patient facilities should be closed
A report published by the Transforming Care and Commissioning Steering Group, chaired by Sir Stephen Bubb, has called on NHS England to close ‘inappropriate...
New developments
Legal & General (L&G) has acquired three care homes from the Careplaces Fund, which is managed by Bridges Ventures in partnership with Castleoak, for...
‘Inappropriate’ in-patient facilities should be closed
A report published by the Transforming Care and Commissioning Steering Group, chaired by Sir Stephen Bubb, has called on NHS England to close ‘inappropriate...
New developments
Legal & General (L&G) has acquired three care homes from the Careplaces Fund, which is managed by Bridges Ventures in partnership with Castleoak, for...
Partnership warning over care cap
Service users may need to spend the equivalent of the value of their home before they reach the care cap of £72,000, Partnership has...
Norse Care continues to grow steadily
Local authority trading company Norse Care reported a marginal increase in turnover from £32.9m to £33.5m for the year ended 31 January 2014.
A slight...
Constructive care – CCMn meets chairman and founder of LNT Group Lawrence Tomlinson
Chairman and founder of LNT Lawrence Tomlinson tells us about his rise from taking on the family business to becoming Entrepreneur in Residence at...
Residential home growth boosts Somerset Care’s business
Somerset Care Limited achieved a slight rise in turnover from £80.5m to £80.8m for the year ended 31 March 2014. After cost of sales of £14.1m (2013: £16.1m) and administrative expenses of £8.4m (2013: £9.9m), the company made an operating profit of £5.8m (2013: £6.3m). Interest charges of £1.3m, mainly from bank borrowing (£1.1m), left the group with a pre-tax profit of £4.5m (2013: £5m).



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