Vulnerable children in homes run by Calcot Services for Children were abused when staff should have prioritised safeguarding them. Calcot runs eight homes, four schools, and supported living accommodation, making huge profits of 36%, double that of other care providers. Calcot said profits were high because it built up investment. A dozen current and former employees said the company accepted high-risk children because they came with increased funding levels, but did not meet all their needs or keep them safe. Children were groomed for sex, given alcohol, or assaulted by staff. Allegations of child-on-child sexual abuse and suicide attempts were not reported to Ofsted despite an obligation to do so. Employees said vulnerable children were failed. Foster caring is often inappropriate for those who have suffered the worst abuse and neglect. Children's homes are the last resort for young people. Local councils no longer manage care for children with challenging behaviour. Most homes are now run by private companies.