Revenue boost for care group

A COLCHESTER-based specialist care provider is celebrating an 18% increase in revenue over the past year.

A COLCHESTER-based specialist care provider is celebrating an 18% increase in revenue over the past year.

Health and social care provider Care UK plc described its progress as “excellent” after it saw its pre-tax profits rise by 5% to £14.2million, and its revenue go up from £169.2million to £199.4million. Its operating profit went up 8% to £19.5million.

All four divisions of the company - residential , community, specialist and clinical care - saw strong growth. The community care division's revenue grew by 22%, while residential care's increased by 16% and specialist care by 12%.

“The markets that Care UK serves are substantial and the momentum toward greater levels of independent sector participation continues unabated,” said Care UK chairman John Nash.


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“Financial pressures within both primary care trusts and local authorities are significant, but by providing better value solutions we expect to make further good progress despite those pressures.

“With a strong base of contracted income and substantial new contracts in the commercial and construction phases we are assured of continued good growth during the short and medium terms.

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“Beyond this, the board is confident in the range and scale of opportunity and in Care UK's capability to prosper in a growing market.”

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