Fri, 22 Jun 2012 | ADMINISTRATION
Camelot Healthcare Ltd, operator of four care homes in Cheltenham, has been placed into administration.
The administrators Kerry Bailey, Jonathan Newell and James Money of PKF Accountants & Business Advisers were drafted in to seek a buyer for the company on 11 June, as well as to Camelot Operations Ltd and Camelot Services Ltd on the 15 June.
Care home management firm Krissimon Care has been hired to operate the homes while the administrators seek to secure a new owner for the businesses and to secure the future of the 60-strong workforce.
The homes have 79 beds combined and PKF intends to keep them open and to maintain standards during the administration process. The administrators have told the residents, relatives and staff of the move into administration and will be kept up to date.
Kerry Bailey commented; “The intention is very much that they will remain open and continue to trade as they have done previously, but hopefully with some improvements.”
The four Cheltenham care homes are Broadleas on Eldorado Road, Dalkeith on Gloucester Road, The Hawthorns on Christchurch Road and Pinehurst on Lyefield Road West.
Care homes in Cheshire and Greater Manchester are also owned by the business.
This business opportunity presents a solid foundation for expansion within the aviation sector, backed by a strong management team and a robust client base spanning over two decades.
An exciting opportunity to acquire a well-established business specialising in recruitment, with a proven track record in connecting top talent with leading employers.
This is a unique opportunity to acquire a business specialising in labour recruitment and personnel provision, known for its reliable workforce solutions across various industries.
23
|
Apr
|
Power Capacitors bought by investor Harry Townshend | BUSINESS SALE
Power Capacitors, a Birmingham-based specialist in power qua...
23
|
Apr
|
Hawkins brings peer A Lamb Associates into its flock | BUSINESS SALE
Hawkins & Associates has bought cost consultancy A Lamb Asso...
22
|
Apr
|
Law firm Ison Harrison buys Skipton peer Armstrong Luty | BUSINESS SALE
Yorkshire-based law firm Ison Harrison has bought Skipton-ba...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
We can help you capitalise on insolvent businesses. We list UK businesses in administration, liquidation and with winding up petitions daily. Ensuring our members never miss out on an opportunity
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.