Medipatrol Ltd (10997899): administration
- Status
- Administration ended
- Administration began
- 2023-09-22
- Incorporated
- 2017-10-05
- Location
- Manchester
- Industry
- 86900 Other human health activities
Why it went into administration
- Regulatory change or action
- COVID-19
From the administrators' statement
The Company was incorporated on 15 October 2017. Sue Ann Hill-Venning and James Alexander Molyneaux were appointed as directors, with each director holding 50% of the shares (“the Directors”). The Company provided a first aid service for outdoor events.
The Company was able to secure several contracts going into 2018 and traded profitably. Sue Ann Hill-Venning introduced funds that had become available to her from an inheritance to assist with the growth of the Company.
In 2019, following continued growth in the previous year, the Directors investigated the possibility of buying out a similar business, Alliance Pioneer Group (“APG”). The Directors commenced with undertaking due diligence but during this process they discontinued the potential buyout to consider alternative opportunities. As an alternative to the buyout, later in 2019, the Directors rented a trading unit at the Forest Vale Industrial Estate in Cinderford, Gloucestershire, to act as an ambulance station.
Administrators' statement of proposals (2023-11-21) · Companies House register