Scarborough care company defies care home market woes with purchase of nursing home

A Scarborough-based care company is set to significantly expand through the purchase of a nursing home.

St Cecilia’s Care Services has completed the purchase of the 44-bed Queen Margaret’s Nursing Home in the town and plans to invest in its future.

The family-owned company already owns the St Cecilia’s care home and the Eastfield House day care centre in Scarborough.

Owner Mike Padgham said: “We are absolutely delighted to welcome the former Queen Margaret’s Nursing Home into the St Cecilia’s family and really excited about its future.

“It has lovely residents, excellent management and staff and is a very prominent, landmark building in Scarborough.

The care home market has struggled in recent years. Since 2010, 380 care home businesses have gone under and between 2015 and 2016, the number of nursing homes fell from 4,697 to 4,633 - the first decline in five years.

Mr Padgham added: “The news on care homes is currently gloomy but we believe that demand for nursing home care remains strong. People are living longer and their care needs are growing and becoming more complex.

“This addition to our company helps us to grow, enjoy the benefits of economies of scale and strengthen our operation for the future.

“We have dedicated more than 25 years to providing the best level of care that we can and look forward to extending that commitment to the nursing home, its residents, their families and to the staff team.”

St Cecilia completed the purchase with the support of NatWest senior relationship manager Phillipa Bagshaw, who specialises in supporting businesses within the healthcare sector.

Phillipa said: “St Cecilia’s has been providing much-needed care to a range of service users and the addition of the 44-bed nursing home will allow them to support even more people.

“We are delighted to support St Cecilia’s on this development and wish the business every success for the future.”

Mr Padgham added: “In expanding our business we thank NatWest for their support in this venture and for sharing our vision of a new and expanded care business providing a full range of care, nursing care and day care for local people in the future.”

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