RG Care Homes Limited (10863382): administration
- Status
- In administration
- Administration began
- 2026-04-07
- Administrators
- Alexander Kinninmonth, James Prior
- Administrators' firm
- FRP Advisory
- Incorporated
- 2017-07-12
- Location
- Southampton
- Industry
- 87900 Other residential care activities n.e.c.
Why it went into administration
- Regulatory change or action
- Cash flow / liquidity pressure
- Rising costs / inflation
- Funding withdrawn / unable to refinance
From the administrators' statement
RG Care Homes Limited (the “Company”) was incorporated on 12 July 2017 and has its registered office at 3rd Floor, 2 Charlotte Place, Southampton, SO15 OTB. The Company operated a residential care home for the elderly and was subject to regulation by the Care Quality Commission. At the date of appointment, the Company employed approximately 30 employees.
Financial pressures and cause of insolvency
The Company experienced increasing financial pressure in the period leading up to the administration. In particular, the Company was adversely affected by rising employment costs, including increases in Employers’ National Insurance Contributions and year-on-year uplifts in the National Minimum Wage.
Administrators' statement of proposals (2026-06-09) · Companies House register