KPMG has been appointed as the administrator to the ‘luxury’ aged care provider, which has two facilities in inner-Perth – one in Subiaco (pictured) and the other in Como.
As we reported here in July 2017, Berrington’s new $60M luxury facility in Como (7km from the CBD), has a maximum RAD of $895,000 for a private room with ensuite and was expected to be full by September.
Their Subiaco facility charged a maximum RAD of $1.25M – the most expensive in Perth – but was full and had a waiting list.
Berrington was created by Glen and Karen Gillingham, who are also hands-on operators. They say they are still profitable but “an issue with its major creditor” has caused the fall into administration.
A Health Department spokesperson confirmed there were no concerns regarding the quality of care at either of the facilities. It is worth viewing the corporate video depicting the commitment to residents HERE.
KPMG will seek to preserve the company, however a “wind up” is on the cards if this doesn’t prove possible. In the meantime, the Berrington facilities will continue to operate as usual.