• Nick Band

Cash squeeze at care home

Quality issues at this care home led to a poor CQC rating resulting in low occupancy and a squeeze on cash. With deteriorating relationships with the local authority and bank, the business needed help.

Accelerus created a recovery plan which included accurate cash flow forecasting, new financial modelling, improved marketing and an improvement in banking relationships. As a result, the home returned to profit with a reduced debt level

  • Twitter - White Circle
  • Facebook - White Circle
  • LinkedIn - White Circle

© 2020 Accelerus