ST Andrews Care GRP Limited (07737924): administration
- Status
- Administration ended
- Administration began
- 2015-12-21
- Administrators
- Anne Clare O'Keefe, Charles Peter Holder
- Administrators' firm
- AlixPartners
- Formerly
- Bondcare ST Andrews Limited
- Incorporated
- 2011-08-11
- Location
- Manchester
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Sustained trading losses
- Property / lease costs
From the administrators' statement
The Company was incorporated in 2011 and was purchased by the current shareholder, Mr Meir Plancey, in 2013
The Company operates 11 leasehold nursing and residential care homes for the elderly (the Homes) The Homes are primarily based in the Midlands and North of England The Homes have a combined capacity of 540 beds and employ approximately 625 staff
The Company has been loss making since 2012 Following the purchase of the Company in 2013, the shareholder's senior management team (Management) has attempted to implement operational improvements in order to address the loss making position
Administrators' statement of proposals (2016-01-07) · Companies House register