Health Care Resourcing Group has continued to strengthen its trading position by doubling its turnover.
The group acquired HCL Workforce, Allied Healthcare, Jigsaw Medical Services and Affinity Workforce Group in 2018 and 2019, following a strategic decision to grow the business through acquisition. The deals made positive contributions to its latest financial results.
Turnover grew by 100.1% to £279.4m in the 15 months ended 30 June 2020, up from £139.6m in the year ended 31 March 2019, while pre-tax profit slipped to £389,054, down from £2.1m.
The group’s structure consists of health and social care workforce management solutions, homecare and education. During the reporting period, Allied Healthcare ‘returned to profitability’, while CRG Homecare, the group’s core homecare business, achieved compound annual growth rate of 31%.
Health and social care workforce management solutions remained its core division.
Its financial report said: ‘The board, shareholders and financial partners remain fully supportive of the group’s strategic direction, which as predicted last year, continues to be true and clear, with further additional acquisitions anticipated.’
In May, Gezz Van Zwanenberg was appointed chief operating officer for HCRG’s health and social care division.
Van Zwanenberg has a background of leadership in both operational and strategic roles in the military, health and business settings.
In his role, he will support the management teams across the portfolio of brands, including CRG, HCL, Jigsaw and Sugarman, and will be responsible for group-wide operations, the clinical governance and diversification agendas and the continuous improvement plan.
Gary Taylor, group chief executive, said: ‘Gezz brings a wealth of experience and a great blend of leadership, management and clinical skills and insight. He complements the fantastic management team I already have in place and will support me and the team in expediting the growth of our sustainable staffing services, whilst also enhancing the care delivery and occupational health arms of the business with his wealth of clinical expertise.’