Daymark Properties Limited (06477248): administration
- Status
- Administration ended
- Administration began
- 2012-06-25
- Administrators
- Anne Clare O'Keefe, Elizabeth Galbraith Mackay, Mark Nicholas Cropper
- Administrators' firm
- AlixPartners
- Incorporated
- 2008-01-18
- Location
- Manchester
- Industry
- 86900 Other human health activities
Why it went into administration
- Regulatory change or action
- Sustained trading losses
- Creditor pressure / legal action
From the administrators' statement
21 Acacia Lodge, Amber Wood and Aspen Grange are all registered with the Care Quality Commission (the CQC). The homes are high end care facilities located within affluent communities in the South of England, which attract a large proportion of private fee paying chentele, as well as residents placed by local funding authorities. The day to day operation of the homes was overseen by a managing agent, Carebase Limited
2.2 Acacia Lodge and Aspen Grange have traded profitably with high occupancy levels since opening in February 2010 and December 2009 respectively. Amber Wood has had historic difficulties meeting CQC compliance requirements and as a result has had lower occupancy levels and incurred trading losses since opening in November 2010. Amber Wood is now fully compliant with CQC regulations, occupancy levels have been increasing and It ts now forecast to be profitable.
and Treemark Homes Limited - all in Administration an ZOLFO Coop ER
Administrators' statement of proposals (2012-08-29) · Companies House register