Care UK celebrates rise in profits and successes of joint ventures

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

Long term care provider Care UK plc has reported a pre-tax profit of £7.09m for the year ended 30 September 2001 ­ a 3.3 per cent increase on the result for the previous 12 months. Contracted income for the period covered by the report had exceeded £400m. The company has reported continued growth in market opportunities in all areas of Care UK¹s business, including a contract in Middlesborough to provide a resource centre combining outreach and residential services. An agreement to provide 363 beds in Surrey, expected to extend over 25 years, was scheduled to begin in January 2002 and three existing contracts have been extended. Care UK¹s deputy chairman Richard Clough said there had also been contract successes for mental health partnerships in Hastings and Reading, and the company¹s specialist recruitment division had been strengthened by the acquisition of Clock Tower and the new joint venture Locumlink PPC. Mr Clough said another highlight of 2001 was the appointment of Mike Parish as chief executiv

Comments are closed.

Latest blog posts

Time for a ten dollar answer

By Caring Times editor GEOFF HODGSON

Ernest Hemingway was known for his minimalist style and he used to pooh-pooh what he called “ten-dollar” words. Not to...

Lacking capacity

By guest blogger JEF SMITH

A friend of mine diagnosed with cancer – now, happily, treated – was asked how he could possibly have missed the...

Care homes – understated examples of tasteful design

By Caring Times editor GEOFF HODGSON

Dozens of recently-built care homes are material proof that it is perfectly possible to design aesthetically pleasing buildings and put...