Fri, 14 Sep 2018 | ADMINISTRATION
After suffering significant cashflow difficulties, Bertinaley Care Limited has gone into administration. The Edinburgh-based company owns and operates three premises in Scotland - Hamilton, Largs and Dundee - as well as one in Surrey, England.
Tom MacLennan, Iain Fraser and Chris Stevens of FRP Advisory LLP have been appointed as joint administrators.
With 68 residents in total, the administrators have appointed care home operator Careport to manage the premises while the administration process is underway so as to “ensure continuing care for residents and the smooth running of the homes during the administration process.”
The company’s Dundee branch, Helenslea House has closed its door and preparations are being made to move all residents to alternative accommodation.
Joint administrator, Mr MacLennan said: “Unfortunately, following a number of operational challenges and a decline in resident numbers, the company has suffered significant cashflow difficulties which could not be resolved, resulting in it entering into administration.
“The health and wellbeing of the residents is of the utmost importance, which is why we have acted quickly by appointing Careport to manage the homes throughout this process and ensure that residents receive the best care.
“Whilst it has sadly been necessary to close the Helenslea House home in Dundee, we would encourage anyone interested in acquiring any or all of the homes to get in touch with us ”
The care home in Hamilton dates back to the 1800s and was named after the late Duchess of Hamilton, the co-founder of the Animal Defence and Anti-Vivisection Society in 1903.
For all our administrations listings, click here.
For more news stories about administrations click here.
This is a rare chance to acquire a reputable aviation training and staffing company with a strong market presence and significant growth potential. The business is recognised for high-quality aircrew training and staffing solutions, boasting a divers...
This business offers a unique opportunity to acquire a niche company specialising in forklift and warehouse safety products, ensuring enhanced efficiency in industrial settings.
A low-overhead, high-return on investment tanning studio is now available for acquisition. The vendor offers a comprehensive range of services, featuring state-of-the-art modern equipment.
26
|
Aug
|
West Midlands law firm to target M&A with new funding | BUSINESS NEWS
A law firm based in the West Midlands is set to target growt...
26
|
Aug
|
UK administrations update: August 19 - 26 | ADMINISTRATION
Since our last update, the following businesses have been co...
26
|
Aug
|
Traffic management contractor falls into administration | ADMINISTRATION
A South Lanarkshire-based traffic management contractor has ...
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.