Mental Health Care hit by post tax losses despite improved gross margins

Mental Health Care (UK) Ltd, the provider of residential and nursing care for people with learning difficulties and mental disorders, has posted a small loss for the year to 31 March 2006.Although turnover rose 14% from £16.4m in 2005 to £18.7m, the costs of sales increased by 11% to £12m (2005: £11m) and administration expenses…