Business as usual


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

Receivers have taken over the running of a Nelson nursing home. Relatives of residents at Andrew Smith House, in Marsden Hall Road North, were told it was “business as usual” and staff would remain in their posts. They were assured the home would not close or go into liquidation. Parent company Tudor Properties Ltd was taken into administrative receivership on March 1 by accountants Downham Train Epstein (DTE). Kevin Murphy, from DTE, reassured relatives that Andrew Smith House would continue to run without interruption. He said DTE had been asked to take over the running of the company after a breakdown-in relations between the two managing directors. There was enough money to pay the company’s creditors and Tudor Properties Ltd would continue trading. “The directors either have to do something to retake control of the business or we wlll manage it until a suitable buyer can be found. It will be sold as a going concern,” Mr Murphy said. Staff at the home refused to comment on the news.





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