Mental Health Care (02634033): administration
- Status
- Administration ended
- Administration began
- 2013-05-24
- Administrators' firm
- Moorfields
- Formerly
- Mental Health C.A.R.E.
- Incorporated
- 1991-08-01
- Location
- London
- Industry
- 87100 Residential nursing care facilities
Why it went into administration
- Funding withdrawn / unable to refinance
- Rising costs / inflation
From the administrators' statement
The Company was incorporated on 1 August 1991 as Mental Health CARE and traded from its head office in 9-10 Defender Court, Sunderland Enterprises, Sunderland, Tyne & Wear, SR5 3PE
The Company’s principal business interest Is that of Residential Nursing Care Facilities
In May 1992, the Company registered as a charity limited by guarantee The Company receives funding from Primary Care Trusts and local authorities for qualifying persons admitted to their care The Company owns four care homes, although only two are currently open and trading, Kimbleworth and Benfield Hall A specialist dementia unit, Benfield Villas, was closed in January 2013, as a result of inflationary pressures on operating costs The remaining site in Lanchester, has been vacant for a number of years The Company benefited from additional funding from Santander UK plc (‘Santander” or “Bank”) at the time of closure in order to meet redundancy costs and reduce head office overheads
Administrators' statement of proposals (2013-07-23) · Companies House register