Choice Healthcare Ltd (07770458): administration
- Status
- Administration ended
- Administration began
- 2014-12-16
- Administrators
- Kerry Bailey, Edward Terence Kerr
- Administrators' firm
- BDO
- Formerly
- UK Homecare Ltd; Choice Healthcare Group Limited; Choice Healthcare Ltd
- Incorporated
- 2011-09-12
- Location
- Manchester
- Industry
- 88990 Other social work activities without accommodation n.e.c.
Why it went into administration
- Funding withdrawn / unable to refinance
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 12 September 2011 and traded as a provider of domuicihary care services
Annual accounts for the year ended 31 March 2013 indicate that the Company’s turnover was £538,826 in that year, which generated a profit after tax of £125,792
In early 2014 the Company acquired the businesses of a number of related companies and draft accounts indicate that turnover increased to £21 million in the year ended 31 March 2014, which generated a profit after tax of £184,078
Administrators' statement of proposals (2015-02-18) · Companies House register