Sure Plan Homes Limited (02433447): administration
- Status
- Administration ended
- Administration began
- 2019-09-16
- Formerly
- Marplace (Number 218) Limited
- Incorporated
- 1989-10-17
- Location
- Taunton
- Industry
- 87100 Residential nursing care facilities
From the administrators' statement
The Company was incorporated on 17 October 1989 in the name of Marplace Limited and subsequently changed its name to Sure Plan Homes Limited on 14 December 1989.
The Company traded as a care home provider in the Swansea area of South Wales and in later years traded from two separate care homes known as Ty Victoria Care Home (“Ty Victoria”) and Meadow House Care Home (“Meadow House”).
Historically Meadow House had always been the more profitable care home and had scope to grow. Ty Victoria was always fully occupied and had reached its maximum profitability without further significant investment. Therefore, the directors made the decision in 2017 to consolidate the trading position of the Company by selling Ty Victoria and focus future efforts on filling Meadow House, optimising its profits and ultimately selling it too.
Administrators' statement of proposals (2019-11-11) · Companies House register