Interest cancels Healthcare Homes profits

High interest payments following a solid performance for the year ending 30 September 2012 wiped out the profits for Bowmark-owned Healthcare Homes Holdings, which provides residential, nursing and dementia care.Turnover increased from £38.7m in 2011 to £41.5m in 2012 and costs and expenses hit £35.5m (2011: £33.3m). That left operating profits of £6.2m an increase…