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Plymouth based care company proposing CVA with creditors

Posted by Adam Buck on Tuesday, 27 October 2015 in General

Devon business recovery specialists, Lameys Business Recovery, are assisting the Directors of Sunshine Care Limited with a restructure of its business and a proposed Company Voluntary Arrangement (CVA) to deal with its current financial position, due to an overall loss in turnover.

The company operates The Retreat care home in Plymouth and provides live-in care across the south of England where a carer lives with the client. It is important to note that under the restructuring being made for the CVA, the provision of care at the Retreat and live-in care services will be completely unaffected as the company will continue to trade.

The company also has contracts with Plymouth City Council and Bristol City Council, to provide hourly home care for up to 400 clients, the majority of which are in the Plymouth area. The provision of hourly care in the community under the contracts with Plymouth and Bristol Councils will be discontinued. The directors of Sunshine Care Ltd and Lameys Business Recovery are working closely with Plymouth City Council, Bristol City Council and the Care Quality Commission to ensure a continuation of these care services with other service providers.

The company currently employs approximately 170 carers in its hourly home care section, and every effort is being made to arrange the transfer of these staff to other service providers who will be taking over the contracts with the councils in order to avoid job losses. In addition as part of the restructure, the company intends to make further redundancies at its administration centre. Lameys Business Recovery will be providing assistance with regards to their redundancy claims, but again it is hoped that many of these can find alternative employment with other service providers.

The directors’ regret having to make these changes and any job losses that may occur, but their overriding concern is to maintain the on-going high quality care for their clients and those in the community.

More details on the proposed CVA can be obtained from Lameys Business Recovery, First Floor Envoy House, Longbridge Road, Plymouth, PL6 8LU. Contact Michelle Weir, Simon Hicks or Peter Simkin on 01752 254912.

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