Institute of Occupational Medicine (SC123972): administration
- Status
- In administration
- Administration began
- 2026-07-22
- Administrators
- Richard Gordon Bathgate, Graeme Norman Bain
- Administrators' firm
- Rcapital Partners
- Formerly
- Institute of Occupational Medicine Limited
- Incorporated
- 1990-03-26
- Location
- Aberdeen
- Industry
- 72190 Other research and experimental development on natural sciences and engineering
Why it went into administration
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
No Moratorium under Part Al of the Insolvency Act 1986 had been in force for the Company at any time within the period of 2 years ending with the day on which it entered Administration.
Attached at Appendix 4 is an account of the work undertaken prior to the Joint Administrators’ appointment and the costs associated with that work.
A detailed report of the events leading to Johnston Carmichael’s engagement with the Company have been provided under separate cover in the Joint Administrators’ SIP 16 disclosure statement. That disclosure also provides details of the sales process that was conducted and the events leading to the appointment of the Joint Administrators.
Administrators' statement of proposals (2026-07-30) · Companies House register