# Glide Pharmaceutical Technologies Limited (04173789)

> Why UK company 04173789 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04173789

- **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- Funding withdrawn / unable to refinance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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04173789/filing-history/MzE4NzEyOTkxNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04173789

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.