Medics Gateway Limited (05836775): administration
- Status
- Administration ended
- Administration began
- 2013-08-14
- Incorporated
- 2006-06-05
- Location
- London
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Loss of a key customer, supplier or contract
From the administrators' statement
Medics Gateway Limited (hereinafter referred to as ‘the Company’) was incorporated on 5 June 2006 by various General Practitioners within East Elbridge
The Company was incorporated as a company limited by shares as well as an NHS body Shareholders include General Practitioners, nurses, practice managers and ancillary staff The Company’s Articles set out the ‘rules’ for membership with no single individual holding more than 1,500 shares, thus restricting potential conflicts of interest with each shareholder having a holding of around 2% of the share capital.
East Elmbridge & Mid-Surrey Primary Care Trust (‘the PCT’) had reported that the PCT was facing finanaal difficulties and it was predicted that, with the arrival of the ‘Payment by Results’ system, its position would deteriorate. This would result in fewer services and GPs were frustrated because of the potential reduction in the quality of service from hospitals due to missing records, long waiting trmes and difficulties 1n obtaining information required In addition, there were complaints that the NHS service was disorgamised, intimidating and frustrating to use
Administrators' statement of proposals (2013-09-25) · Companies House register