Company name: Balhousie Holdings
What they do: Elderly care facilities
The boss: Tony Banks
Latest turnover (£,000): 15,897
Four-year compound sales growth (%): 47
Latest Ebitda (£,000): 4,302
Aged 17, Tony Banks left school and joined the Parachute Regiment. “Within months of completing my formal training, I found myself with 2 Para fighting in the Falklands, where I witnessed first-hand the horror of war, including the death of one of my closest mates and the psychological damage suffered by several of my comrades. It was a life-changing experience that shaped my commitment to care for my fellow human beings.”
So in 1991 he acted on that instinct, founding residential care home group Balhousie. From one home in rural Kirriemuir he built a chain, now 24 locations strong with another 3 under construction, with more than 800 employees.
Headquartered in Perth in Central Scotland, Balhousie provides exceptional care for the elderly and those with a range of medical conditions. “The secret is that we really do care,” says Banks bluntly. “I interview all mangers and staff to make sure they are right for the business.”
The Falklands remains a big part of his life – he’ll be back there for the 30th anniversary of the war, and has just published his memoirs Storming the Falkands.
The Hot 100 2012 is brought to you by Investec, Jordans, Cass Business School and Your Business Your Future.
Share this story