in november 2015 the company planned to sell 14 care homes as going concerns, and "a portfolio of homes currently run by third party operators" to assist its liquidity problems, hoping to raise £60 million. it has £565 million worth of debt, with annual interest and rent obligations of about £110 million. it later announced plans to close seven homes in northern ireland: victoria park and stormont in belfast; antrim; garvagh; donaghcloney near banbridge; oakridge in ballynahinch, county down; hamilton court in armagh.