CVA helps Orchard bear fruit in rollercoaster year for the company

Orchard Care Homes increased its turnover for continuing operations 11% to £36.8m for the year ending March 31 2011 with the help of the Company Voluntary Agreement (CVA) which it organised in 2010 to pay off creditors (CCMn July 2010).The CVA saw the company receive £0.6m and a distribution pot of £1.5m was created to…