Laudcare Limited (03245110): administration
- Status
- Administration ended
- Administration began
- 2020-03-11
- Administrators' firm
- Grant Thornton
- Incorporated
- 1996-09-03
- Location
- London
- Industry
- 86900 Other human health activities
Why it went into administration
- Rising costs / inflation
- Property / lease costs
- Regulatory change or action
From the administrators' statement
Saintfield Limited and Cedarhurst Lodge Limited were incorporated on 27 October 1994, with Edgewater Lodge Limited incorporated some nine months later on 31 July 1995.
The Companies sit within the Four Seasons group, which is ultimately owned by private equity firm Terra Firma. The Companies operate 415 beds and employ over 590 staff.
Four Seasons is one of the Uk’s largest independent health care providers, caring for more than 10,000 people across the UK. Four Seasons provides long-term and respite residential and nursing care for the elderly, being a national network of homes offering nursing and dementia care, together with other specialist capabilities to meet the anticipated growing demand of people requiring elderly care.
Administrators' statement of proposals (2020-05-26) · Companies House register