Pharmacy Plus Limited (04228879): administration
- Status
- Administration ended
- Administration began
- 2014-05-19
- Administrators
- Ryan Kevin Grant, Lee Causer, Anne Clare O'Keefe
- Administrators' firm
- AlixPartners
- Formerly
- Pharmacity Limited
- Incorporated
- 2001-06-05
- Location
- Manchester
- Industry
- 47730 Dispensing chemist in specialised stores
Why it went into administration
- Funding withdrawn / unable to refinance
- Loss of a key customer, supplier or contract
From the administrators' statement
The Company was incorporated in 2001 and operated as a supplier of pharmaceuticals to care homes in England and Wales.
In 2011, the Company developed and established a barcode medication management software system. The system uses barcode validation for medicines given to care home residents, which provides a number of safeguards to ensure that the right medication is given at the correct time, to the right resident. The technology allows care home operators to have greater visibility of medication administration across their homes at a carer and resident level.
Following the launch of the new software, the Company concentrated on seeking new customers whilst further developing the system. The software was adopted by over 400 care homes.
Administrators' statement of proposals (2014-07-16) · Companies House register