Care UK reports continuing growth

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

At the Annual General Meeting of Care UK plc, chairman John Nash gave an upbeat report, detailing the company’s success in growing the business, both with new contract awards as well as organic growth in both health and social care sectors. “In residential care services we have been awarded two further preferred bidder appointments,” said Mr Nash. “The London Borough of Kensington and Chelsea has appointed us preferred bidder for a 21-year contract to manage a new home currently being constructed; 30 of the 60 beds are to be contracted and services are planned to commence in early summer 2007. Slough Borough Council has appointed us preferred bidder for a 15-year contract for a new 120-bed home, which will be constructed by Care UK; 90 of the beds are to be contracted and services are expected to commence in 2009.” In community care services, Mr Nash said the annual rate of growth in homecare continued to exceed 25 per cent, through a combination of organic and acquisitive growth. “This rate of gr

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