Castleoak looks to generate more work in the north

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

Specialist care sector construction company Castleoak Care Partnerships has recorded a record turnover of just over £30 million, with pre-tax profits reaching £1 million for the first time in the company’s history. In the company’s Annual Review for 2006, Castleoak chairman Mel Knight said strong cash balances had been retained throughout the period. “The number of projects undertaken during the year has increased and the average size of these projects has grown, This is a trend we see continuing,” said Mr Knight. “The balance of projects has also shifted. Having built predominantly care homes in the past, we have successfully used our experience in the sector to broaden our portfolio to include a much larger proportion of extra care schemes and care village projects. “As a company that places a premium on long term partnering arrangements, it is very pleasing that yet again we have enjoyed a steady flow of work from a selection of our long standing customers. At the same time. our customer port

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