Are our debt-ridden care homes on the brink of meltdown asks the Daily Mail?

Are our debt-ridden care homes on the brink of meltdown asks the Daily Mail?

July 6, 2016


Ruth Davidson has written a savage analysis of the precarious finances of the UK care home sector in today’s Daily Mail, quoting Opus research and comments by our Business Risk Adviser, Nick Hood:

‘A significant number of the major operators have private equity-style business models, which means minimal capital and a lot of debt,’ says Mr Hood. ‘That is not great in a sector where it is a struggle to make a profit at all.’

Click here to read the full article

Related News

Croydon Council plunges into Insolvency crisis

November 12, 2020

Read more

Categories: Group, Restructuring & Insolvency

Reinstating Crown Preference: So many consequences for business

August 12, 2020

Read more

Categories: Group, Restructuring & Insolvency

Categories

Previous Articles