Wed, 09 Nov 2011 | ADMINISTRATION
Administrators are looking for buyers for care homes in Scotland's Argus Care Group, which has entered administration.
The company, which is based in Aberdeen, runs twelve residential and nursing homes throughout Scotland, with three in Ayr, two in Aberdeen and one each in the towns of Peterhead, Turriff, Oban, Bishopton, Dunoon, Castle Douglas and Blairgowrie.
Administrators have been appointed from financial services firm, PKF, and will be running the homes as normal during the administration process and while the search for buyers is carried out.
Corporate recovery partner at PKF, Bryan Jackson, said, "We will ensure that all residents, their relatives, and staff are kept fully informed of any developments as well as notifying the relevant local and regulatory authorities. We appreciate that these are not like any other businesses but are the homes of the residents and ensuring there is continuity of care is our priority."
He explained that the administration had been the result of growing debts and cash flow problems. These had been worsened by pressure from creditors of the company, and the business had been left no choice but to enter administration. The homes employ a total of 780 staff caring for around 500 residents.
Utilising its skilled team, the business supplies a variety of surface testing solutions, such as pendulum testing, core extractions and logging, hazard analysis and waste characterisation solutions, which assist clients in meeting regulatory standar...
Priding itself on its exceptional service and ability to meet client requirements, this award-winning company specialises in credit management and debt recovery services. Alongside its debt collection offering, the business provides a comprehensive t...
The business specialises in providing high-quality outside catering services on any scale, partnering with a number of prestigious venues across the North West. The business is ideally placed to facilitate further expansion due to its strong brand re...
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.