Profits down at Tracscare

Specialist care provider Tracscare Group Limited, owned by private equity house Sovereign Capital, achieved a turnover of £18.5m for the year ended 31 March 2011. This was a marginal (0.3%) decrease in reported revenues from the previous year’s £18.6m.During the year the group made an operating profit of £2.6m on its 62 homes for people…