Analysis shows borrowings

Posted on October 1st, by editor in Caring Times. No Comments

A sector analysis by Plimsoll Publishing shows almost a quarter of residential care operators are increasing their market share by heavy borrowing. The study of 1,031 companies places the industry into four categories based on sales growth versus level of debt within a given company. Plimsoll managing director Don Turkinton said the analysis gives operators new insights into the behaviour of their competitors. “It looks as if the sector can still reward risk taking but only if management is of a high calibre,” Mr Turkington said. The analysis, priced £305, is available from Plinsoll Publishing on 01642 257800.

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