A care home in Somerset has closed forcing its 15 elderly residents to move out.
Alutarius Ltd, which ran Hollybank House in Churchinford, went into administration last month.
A spokesman would not reveal the reason but said firms "usually went into administration because of pressure from their banks".
Hopes of securing a new owner have failed and residents were given 28 days to find new homes.
The building has gone on the market.
Former charity worker Tom Baker, whose 89-year-old mother-in-law has now been moved to another home just over the border in Devon, said he had tried to mount a rescue bid for Hollybank House.
"I tried to set it up as a not-for-profit charity, but I couldn't negotiate a reasonable rent with the landlord," he said.
"This is shocking, the way it's gone. There was an awful lot of upset. My mother-in-law is not settled."
He said the families learned that Alutarius had gone into administration on 3 August.
It remained open for a few weeks while being "tested for viability", but by the end of the month they were told the home would close.
Robert Pick, from administrators Grant Thornton, said: "Upon our appointment Hollybank had 15 residents and was loss-making.
"In an effort to sell the care home and save it from closure we initiated negotiations with several interested parties over a four-week period following our appointment.
"Sadly, no agreement could be reached which left us with no other option but to implement an orderly closure."
Alutarius ran eight care homes in England and Wales.