Mon, 02 Jul 2012 | ADMINISTRATION
Daymark Properties Ltd, the firm behind the Amber Wood Care Home in Cheltenham, has been placed into administration.
The news of its failure closely follows Camelot Healthcare’s fall into administration, another failed Cheltenham-based care home operator.
The Amber Wood Care Home operates 66 beds for people with dementia and had only opened in October 2010 – less than two years ago. It features a sensory garden, outdoor dining space and a 16-seat cinema.
The identity of the administrator has not yet been confirmed. It is expected that the care home will be sold as a going concern, though the staff’s positions will hang in the balance.
Bron Williams, adult care services manager told This is Gloucestershire, “Over the forthcoming weeks, we will be working together with the appointed administrators to ensure services continue and residents, relatives and staff are kept informed of all changes.”
Daymark Properties’ accounts are about nine months overdue according to Companies House.
A review was conducted at the care home in November last year, and concluded that the business should hasten to make improvements.
Ian Biggs, South West director for CQC commented on the situation in November, “We are very concerned about how people’s care needs are being met.”
“This warning sends a clear and public message that Amber Wood needs to address this issue as a matter of urgency or face serious consequences.”
The company retails a vast array of agronomy, farming and agriculture products, operating as a key supplier for grass seed and agrochemicals. Own-brand products are complemented by the provision of third-party ranges, with the offering also including...
LEASEHOLD
Multi-disciplinary economic development experts providing a range of specialist advisory and delivery services to public, private and not-for-profit organisations across the world.
Priding itself on its high-quality products, the company provides a comprehensive range of plastic corrosion-resistant fans alongside an array of services to compliment its product offering. As a specialist in the field, the business can design a bes...
09
|
May
|
Landsec sells hotel portfolio for £400m | COMMERCIAL PROPERTY
Landsec has sold its entire hotel portfolio, comprising 21 a...
09
|
May
|
Turner & Townsend acquires boutique consultancy | BUSINESS SALE
Leeds-headquartered professional services consultancy Turner...
09
|
May
|
Cheltenham hardware manufacturer undergoes MBO | MBO/MBI
A manufacturer of window and door hardware has been acquired...
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.