Profit Track 100

Chairman and Falklands war veteran Tony Banks, 57, opened his first care home in Kirriemuir, Angus, in 1991. The business is now the largest residential care home provider in Scotland, with 24 sites and 900 residents. The homes provide a caring environment for the elderly and the infirm, with specialist provision for dementia and end-of-life care. Increased occupancy helped profits rise to £6.2m in 2017. After our research closed the company reported that 2018 profits had risen to £7.2m.

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Company details
CompanyBalhousie Care Group
ActivityCare home operator
Annual profit growth63.74%
Latest profits £000s6,216
Latest sales £000s36,838

If applicable:

* supplied by company † annualised figure