The company is a subsidiary of Ultrasis plc, but trades independently.
Immediately following the appointment of the joint administrators, certain of the business and assets were sold to ToHealth Limited.
Paul Flint, joint administrator and associate partner at KPMG, said: “We are pleased to have concluded a sale of certain of the business and assets of the Company and in the process, protected those 16 staff who were part of a TUPE transfer to the purchaser. We wish ToHealth every success in the future.
“In addition, we understand that the staff employed on one particular contract which was terminated in the lead up to our appointment have now transferred to the customer in question. This has secured roles for 34 staff who may otherwise have been made redundant as a result of the Administration.”
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Katy Broomhead, KPMG Press Office
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KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 12,000 partners and staff. The UK firm recorded a turnover of £1.9 billion in the year ended September 2014. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 155 countries and has 162,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.
This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.