Affinity Healthcare

Derek Chappell started his career at 16 as an NHS clerk. Thirty years later, he co-owns HealthCare Scotland, a company which runs five hospitals and clinics in Scotland, England and Canada. Chappell met co-founder Ron Russell when the pair worked for a charity-run hospital in Aberdeen. They spotted the growing market for private hospitals and bought their first hospital in Dundee in 1993. They went on to acquire a psychiatric hospital in Cheadle, near Manchester, a former nursing home in Darlington and the Aberdeen hospital for which they had previously worked. The Aberdeen-based company, which also operates as a nursing agency, has seen profits increase 23% a year, from £1.6m in 1996 to £3.1m in 1999, largely as a result of sales growth of 53% a year. “In our business you can’t compromise on quality,” says Chappell. “You need a £2m operating theatre whether you’re using it to capacity or not. So real profits come from making the assets sweat harder through revenue growth.”

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2001
Rank100
CompanyAffinity Healthcare
ActivityHealthcare provider
LocationCheshire
Annual profit growth23.23%
Latest profits £000s3,061
Latest sales £000s16,439
Staff554
Founded1997
Websitewww.affinityhealth.co.uk

If applicable:

* supplied by company † annualised figure