Castlebeck's problems arguably began the day it hit the national headlines in 2011 following abuse that was uncovered by BBC Panorama.
11 care home workers were found guilty of abuse and sentenced. A 'root and branch review' of care in all of the company's care homes was ordered by the regulator.
For the Darlington-based company the biggest task was restoring public confidence. It closed two of its care homes and reduced capacity in others. But this has affected profits and the company finds itself in the position it is today.
More top news
Italian vodka, suspicious sediment and antifreeze sold as spirits are among the potential danger signs for shoppers stocking up on alcohol.
A North East photographer came into the studio earlier to talk about being shortlisted for a prestigious award.
A look ahead over the festive period.