Mark Boughey and Adrian Allen of RSM Restructuring Advisory LLP were appointed Joint Administrators of Driskal Limited on 15 November 2018. The Company trades as Woodlands Manor Care Home and operates a 50-bed home in Kendleshire, Bristol.
The appointment follows operational and working capital difficulties following the building of an extension to the care home to improve its facilities for residents.
While the extension is near completion, there have been delays with the building project. The Administrators’ appointment should allow this to be completed thereby improving the care home facilities for residents.
The Administrators will work with the staff to maintain the continuity of service to all 30 residents, which remains paramount.
Mark Boughey, RSM Restructuring Advisory partner and Joint Administrator, said:
‘We are working hard to stabilise the care home’s operations and maintain its going concern position. We are working closely with the Care Quality Commission, the Local Authority, the residents and their families. We hope to secure the long-term future of the home through a sale in the coming months.’
‘We would welcome any interested parties coming forward who may have an interest in acquiring the facility.’
Any interested party enquiries should be directed to Will Robinson at RSM on 0117 945 2144.