Westco Medical Limited (06953430): administration
- Status
- Administration ended
- Administration began
- 2014-04-03
- Administrators' firm
- Evelyn Partners
- Incorporated
- 2009-07-06
- Location
- Liverpool
- Industry
- 32500 Manufacture of medical and dental instruments and supplies
From the administrators' statement
The Company was incorporated in July 2009 in order to develop a patent for a naso gastric placement device and exploit an existing gap tn the market for this product The Company was funded by shareholder investment and available grants in order to carry out research and development of the NG Pod.
Ouring final product development and testing and the Company encountered issues with the sensor tip which was not working consistently The Company engaged several universities and private commercial companies to try and assist with this problem
The Company had an offer of tnvestment to launch the NG Pod, but due to the issues \dentified above with the first manufactured devices, the launch was delayed by 3-6 months and the further investment was subsequently withdrawn
Administrators' statement of proposals (2014-05-30) · Companies House register