St Cecilia acquires Queen Margaret Nursing Home
Caring Times, March 2017
Care provider St Cecilia’s Care Service Ltd is adding to its portfolio with the addition of the former Queen Margaret’s Nursing Home in Scarborough.
The investment is a positive move for St Cecilia’s and for Scarborough and bucks the current trend which has seen a downturn in the national care home market. Since 2010, 380 care home businesses have gone under and between 2015 and 2016, the number of nursing homes fell from 4,697 to 4,633 – the first decline in five years.
St Cecilia’s Care Services is an award-winning, family-owned Scarborough business providing a range of care services to enable older and vulnerable adults to enjoy a happy, safe and enjoyable quality of life. It consists of the St Cecilia’s care home which provides high quality, compassionate care, in a homely and welcoming environment for up to 21 people, many of whom are living with a form of dementia and Eastfield House day care centre which provides enjoyable and stimulating activities and companionship for up to 30 visitors each day.
Managing Director Mike Padgham said: “This is a very exciting new chapter in the history of St Cecilia’s care services as we welcome the former Queen Margaret’s nursing home into our care family and it becomes St Cecilia’s nursing home.
“In welcoming the former Queen Margaret’s, its residents and its staff, we look forward to taking the home forward into a new and exciting future, providing outstanding nursing care for older and vulnerable adults across Scarborough.”
When the time came to obtain funding to support the purchase of Queen Margaret’s, Mike turned to NatWest Senior Relationship Manager Phillipa Bagshaw who specialises in supporting businesses within the healthcare sector. Phillipa worked alongside Alison Willoughby, Regional Director of DC Care on the deal. Mike said; “In expanding our business we thank NatWest for their support in this venture and for sharing our vision of a new and expanded care business providing a full range of care, nursing care and day care for local people in the future.”
Phillipa said: “St Cecilia’s has been providing much-needed care to a range of service users and the addition of the 44-bed nursing home will allow them to support even more people. We are delighted to support St Cecilia’s on this development and wish the business every success for the future.”
Alison said: “The business which St Cecilia’s has bought is located in a commanding position, in a landmark building in Scarborough. I have known Mike Padgham for more than 10 years and I can’t think of a better new owner for Queen Margaret’s. He is 100 per cent committed to the delivery of great care and I’m certain he’ll ensure the residents of Scarborough can rely on his commitment to them.”