The administrator for Victoria Lodge care home in Coldstream, Vantis Business Recovery Services (BRS), a division of Vantis, the UK accounting, tax and business advisory group, is seeking a buyer for the business, after its owners, Nightingale Care Lodge Ltd, entered into administration in August this year.
Chris Stevens, Client Partner at Vantis BRS and appointed administrator, confirms the strategy is to continue to trade the business, while identifying a buyer to purchase the nursing home as a going concern. He says: “The doors at Victoria Lodge are open. We are confident we will be able to find a buyer and are committed to keeping the business trading through administration.”
Directors at Nightingale Care Lodge Ltd appointed administrators after the business experienced financial difficulties, forcing it into insolvency. Together with Vantis BRS, the management team is keen to identify a buyer to ensure resident care is uninterrupted and to safeguard jobs.
Victoria Lodge is one of two care homes owned by Nightingale Care Lodge currently being managed through administration by Vantis BRS.