Thu, 22 Nov 2018 | ADMINISTRATION
Owner of Woodlands Manor Care Home, Driskal Limited has fallen into administration following a series of “operational difficulties” and working capital issues as a result of the construction of an extension.
Located in Kendleshire, Bristol, Driskal Limited brought in a team to handle the sale of the company, and have appointed Mark Boughey and Adrian Allen from RSM Restructuring Advisory LLP as joint administrators.
The future is presently uncertain for Woodlands Manor Care Home until a buyer can be found, however the partners have said that they will work alongside the staff to continue services to all 30 residents currently in the care home.
Boughey said: “We are working hard to stabilise the care home’s operations and maintain its going concern position. We are working closely with the Care Quality Commission, the local authority, the residents and their families. We hope to secure the long-term future of the home through a sale in the coming months.”
Opened in 1994 and overlooking the Kendleshire golf course, Woodlands Manor Care Home is run and managed by Lynne Jenkins. The manor is registered with the Care Quality Commission to treat patients with numerous diseases and disorders. All its staff are fully qualified to administer medicines, tend to, and monitor injuries and illnesses.
The facility presently operates a 50-bed facility and was looking to “improve facilities for residents” through the development of the extension. It is hoped that appointing the administration team will finally allow for the completion of the extension.
Boughey concluded: “We would welcome any interested parties coming forward who may have an interest in acquiring the facility.”
For all our administrations listings, click here. For more news stories about administrations click here.
Experience in working with all makes of cars and light commercial vehicles. Established for over 50 years. The Company has been established for over 50 years, operating a well-run, cash-generative, fully equipped body shop. In recent years, there has...
FREEHOLD
Extremely well-presented MOT and car repair business located in Winsford, Cheshire. The business was established over 50 years ago and our client has been trading for 30 years. During this time the seller has built up an excellent reputation, generat...
FREEHOLD
Covers a wide area including Greater Manchester, Liverpool & Leeds. Established blue chip Client base. Key sectors covered. Education, health care, commercial property & local authority. Staff are trained to the British standard Tag Abseil Supervisor...
FREEHOLD
|
19
|
|
Sep
|
Smith & Williamson and Tilney to merge | MERGER
After revealing in August this year that talks were in place...
|
18
|
|
Sep
|
Infrastructure investment manager takes stake in LJLA | BUSINESS SALE
Infrastructure investment management group, Ancala Partners,...
|
17
|
|
Sep
|
Impact REIT snaps up Suffolk-based Cardinal Healthcare business | BUSINESS SALE
Impact REIT has successfully acquired Cardinal Healthcare, a...
Sign up to receive our acquisition alert emails to get your FREE guide
|
05
|
|
Sep
|
Grantham’s Olde Barn Hotel enters administration | ADMINISTRATION
A very highly rated hotel in Lincolnshire has fallen into ad...
|
27
|
|
May
|
P2P firm Lendy enters administration | ADMINISTRATION
A peer-to-peer (P2P) banking firm has collapsed into adminis...
|
22
|
|
Apr
|
Sheffield printing firm enters administration - assets up for immediate sale | ADMINISTRATION
A printing company based in Sheffield has fallen into admini...
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