Acquisition Opportunity

Opportunity:

• The Company is a family-run private rehab clinic in Yorkshire, specialising in detoxification from alcohol and substance addiction while also addressing underlying mental health conditions. It also admits patients for psychiatric conditions such as depression and anxiety. There is no other purely private unit offering admissions for mental health in the region.
• Situated in a rural area of North Yorkshire, the facility offers a peaceful residential setting to support individuals n the early stages of recovery.

Key Highlights

• Treatment is based on a peer-reviewed medical approach that has demonstrated strong clinical outcomes, with 97% of patients successfully completing detox abstinent and 85% remaining substance-free after 12 months. 
• A highly qualified, multidisciplinary team delivers care, led by a consultant psychiatrist and including general practitioners, registered nurses, therapists, and clinical support staff. The Company also operates a dedicated family support programme to help family members of patients navigate the challenges of addiction and mental health, providing guidance and support throughout the recovery journey.
• The Company employs 27 staff, including a range of medical professionals

Financial Overview

• Despite an upturn in revenue, the Company has made a loss in the past two years, largely due to slower than expected revenue growth. However, revenues have increased year on year.
• The FY23 summary balance sheet reports net liabilities of £908k, primarily due to an increase in amounts owed to trade creditors.
• This includes plant and machinery with a net book value of £58k, which is encumbered by a fixed charge.

P&L Summary 

A: Statutory Accounts M: Management Accounts F: Forecast

Balance Sheet Summary

Expressions of Interest

• Interested parties will be required to sign a non-disclosure agreement (NDA).
• Expressions of interest are required no later than noon on 18 February 2025.
  
  For Further Information
  Further information is available upon completion and return of a Non-Disclosure Agreement (NDA), which is available on request. Enquires should be directed in the first instance to:

Louise Longley
E: [email protected] | T: 0113 244 0044

Jonathan Bird
E: [email protected] | T: 0113 244 0044