Issue - meetings

Nexxus Trading Services Limited - Annual Report 21/22

Meeting: 19/10/2022 - Cabinet (Item 52)

52 Nexxus Trading Services Limited - Annual Report 21/22 pdf icon PDF 262 KB

Leader of the Council

Additional documents:

Minutes:

A person in a suit and tie Description automatically generated with medium confidence

“Nexxus was created to help care for the people of Staffordshire when there was no-one else to turn to.

 

Since then, it has grown both in size and importance so that it is now provides vital care across the county, delivering home care where there are shortages in the private sector and maintaining residential care when needed.

 

Turnover has increased by more than a third in 12 months, delivering a modest profit, and now employs 340 people, each essential to this success story.”

 

Alan White, Leader of the Council

 

Reasons for the Decision – To consider an update on the activities and performance of Nexxus Trading Services Limited during 2021/2022.

 

Decision (a) That the report be received.

 

(b) That the in-year trading profit of £18,791, which has been transferred to company reserves, be noted.