Orthos Limited (03708546): administration
- Status
- Administration ended
- Administration began
- 2013-07-05
- Administrators' firm
- Grant Thornton
- Formerly
- Orthos (UK) Limited; Byroncourt Limited
- Incorporated
- 1999-02-04
- Location
- Manchester
- Industry
- 32500 Manufacture of medical and dental instruments and supplies
From the administrators' statement
New funds were required to continue to fund trading and the development of products and intellectual property including the application for Food and Drug Admumustration approval for the BGel product in the United States of America In September 2012 the Company commenced another round of fund raising, however was unsuccessful in its attempts to secure additional funds
In June 2013, FWIL, as the major shareholder of the Company, commenced an accelerated disposal process and Grant Thornton UK LLP (the Firm) were approached to oversee the process However, without the minimum required shareholder approval the Firm was unable to be formally engaged to oversee the process
The final director of the Company resigned on 5 July 2013 prior to my appointment as joint administrator
Administrators' statement of proposals (2013-09-02) · Companies House register