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Provisional liquidators have been appointed to a Cork-based medical supplies company that alleges it is owed €1.2m by the HSE.
PMD Device Solutions Ltd petitioned the High Court for the appointment on Friday, acknowledging it is “clearly insolvent”, with more than €14.6m in liabilities set against €4.6m in assets. The company, with a registered office on Model Farm Road, Cork, made a loss of more than €900,000 over the last 13 months, the court heard.
Separately, PMD is subject of a court order restraining it from selling, transferring, or providing access to patient data to any third party outside of the HSE, after the health authority claimed the company demanded payment to “maintain the integrity” of sensitive patient…
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Arshiya Limited Faces Operational Hurdles Amid Insolvency Process TipRanks
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Simbhaoli Sugars Faces Financial Turmoil Amid Insolvency Proceedings TipRanks
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Pret A Manger hit with winding up petition over unpaid debts MSN
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