Joint administrators from KPMG’s Restructuring team have been appointed to Screenetics UK Limited.
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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