Healthcare expert, Gill Plimmer has looked at the latest financials from one of the UK’s leading care home operators in today’s Financial Times, Four Seasons which has just posted a pre-tax loss of £25m for the three months to June 2016.
Our Business Risk Adviser, Nick Hood commented:
“This is a business that is drowning in debt, nowhere near covering the interest burden and will need the mother of all restructurings very soon.”