50 Jobs saved as care agency sold out of administration

Administration

Julie Palmer - Regional Managing Partner | May 8th 2014

Fifty jobs have been saved after a Salisbury care agency which supplied home care nursing staff across Wiltshire was sold out of administration.

Prime Care Agency Ltd, of Durrington, near Salisbury, entered administration on May 1 with Julie Palmer and Simon Campbell, of business rescue and recovery specialists Begbies Traynor, appointed joint administrators.

The business was sold to Primecare (Salisbury) Ltd, with the positions of all 50 employees protected.

Julie Palmer said: “Prime Care was a profitable business but had encountered difficulties due to creditor pressures. Following our advice, the firm has been restructured and we expect it to trade successfully into the future.”

Prime Care Agency Ltd was established in 1997 and provided domiciliary care nurses under contract to local authorities.

About the author

Julie Palmer

Regional Managing Partner

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Julie is a law graduate who qualified with Price Waterhouse in 1994. Julie joined Smith & Williamson in 1997 and became a partner in 2001. With Mike Stevenson, Julie set up Middleton Partners offices in Salisbury and Southampton, both of which are now part of Begbies Traynor.

Julie is a member of the Insolvency Practitioners Association and is a Fellow of The Association of Business Recovery Professionals. Julie deals with all aspects of Corporate Recovery and turnaround work and takes all form of personal insolvency appointments.