UK hygiene products manufacturer begins to flex its corporate muscles


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

Lancashire based healthcare group Shiloh plc, which manufactures and supplies hygiene products, is on the takeover trail, according to chairman Edmund Gartside. “We continue to look for suitable acquisitions in our areas of activity,” he says in his annual report. The company, which has its main manufacturing and marketing headquarters at Royton, Oldham, also has operations in Scotland (Paisley and Bellshill, Lanarkshire) and Sussex (Rustington) Mr Gartside said the group has been restructured to enhance shareholder value and during the year sold its traditional textile spinning business to a management buy-out team. Although the group made a £3.42 million loss during the year, the continuing healthcare operations made a profit of £818,200 and their sales were up 11% at £25.3m. “The group balance sheet remains healthy,” Mr Gartside said. “We have cash and bank deposits of £3.48 million and cash flow has improved. We have retained the freehold of the three spinning mills which are in the group accounts at





Comments are closed.


Latest blog posts

It’s a hard, hard world

By Caring Times editor GEOFF HODGSON

A recent survey has found that 63% of the general public believe the NHS provides social care and 42% think...

Sign-up and pay, or perhaps pay more

By Caring Times editor GEOFF HODGSON

There are powerful arguments why carers working at night in small specialist care facilities should be paid their full hourly...

The parallel universes of social care

By guest blogger JOHN BURTON

The Care Quality Commission’s adult social care ‘productivity’ dipped in August and for the umpteenth time the 90% target of...