# Pri-Med Global PLC (10583811)

> Why UK company 10583811 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/10583811

- **Status:** Administration ended
- **Administration began:** 2018-06-29
- **Administrators:** Joanne K Rolls, Trevor John Binyon
- **Administrators' firm:** Opus Restructuring
- **Incorporated:** 2017-01-25
- **Location:** London
- **Industry:** 82301 Activities of exhibition and fair organisers

## Why it went into administration

- Funding withdrawn / unable to refinance
- Creditor pressure / legal action

## From the administrators' statement

Trevor John Binyon (‘TJB’) was introduced to the director of the Company, Dawn Barclay-Ross (‘the Director’), on 18 May 2018 by Emma Eckersley of Caspian Finance to provide advice on the Company's financial position and to discuss the restructuring insolvency options available, given that the Director had serious concerns over the future of the business and its ability to prepare and stage the Future Healthcare 2019 Exhibition & Conference 2019, to be held at Olympia.

The following points were raised by the Director;

• The 2018 exhibition had suffered a forecast loss of c£180k and the 40% shareholder (‘the Shareholder’) had so far refused to fund their share of the losses;

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/10583811/filing-history/MzIxMjI0ODgxM2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/10583811

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