Friday, April 26, 2024
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Audley back in the black

In the year it was purchased by £158m by the Moorfield Audley Real Estate Fund (MAREF), Audley Court reported a 6.8% increase in revenues...

Tracscare acquires ABI provider

Specialist care provider Tracscare has continued its expansion drive with the acquisition of Acquired Brain Injury provider New Bridges for an undisclosed sum. The deal...

Revenues up but surplus down for Housing & Care 21

Ahead of its announcement to exit the homecare market, not-for-profit operator Housing & Care 21 reported a 7.8% rise in revenues from £203.7m to...

InBusiness: news in brief

WCS Care has announced it has become the first care home provider in England to receive five outstanding ratings from the Care Quality Commission....

ECL moves further into the red

Local authority trading company (LATC) Essex Cares, which operates under the ECL brand, moved further into the red in the year ended 31 March...

MMCG receives £1.6m fine

Care Home operator Maria Mallaband Care Group has been fined £1.6m by York Crown Court following the death of one of its residents. The court...

Profits drop at Westminster Homecare

Revenues at Westminster Homecare remained stable but, like many of its peers in the domiciliary care market, its profits dropped last year. Its results...

Regard and ACH

Specialist provider Regard Group has completed its merger with the Aitch Care Homes (ACH) Group. Both businesses are owned by Montreux Capital and Macquarie...

Core Assets post solid set of results

The parent company of the largest independent fostering agency Core Assets Group (formerly Foster Care Associates) reported a 4.2% growth in turnover. Ideapark Limited...

MITIE profit scare

MITIE has issued a profit warning to its shareholders due to a deterioration in the trading performance of its healthcare and property management businesses. It...