Glide Pharmaceutical Technologies Limited (04173789): administration
- Status
- Administration ended
- Administration began
- 2017-08-31
- Administrators
- Lindsey J Cooper
- Administrators' firm
- RSM
- Formerly
- Caretek Medical Limited; MC182 Limited
- Incorporated
- 2001-03-06
- Location
- Manchester
- Industry
- 72190 Other research and experimental development on natural sciences and engineering
Why it went into administration
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Competition / price pressure
From the administrators' statement
Accelerated Merger and Acquisition
RSM Restructuring Advisory LLP (' RSM’) were initially contacted on 10 August 2017 by Hill Dickinson
solicitors who act for Mr Anthony Rowlands the Company s secured creditor and minority shareholder
Administrators' statement of proposals (2017-10-05) · Companies House register