Milton Keynes healthcare company in administration

Thu, 04 Jun 2015 | ADMINISTRATION

Milton Keynes healthcare company Screenetics UK entered administration this week (2 June).

A London Stock Exchange statement confirmed that Paul Flint and Brian Green of KPMG have been appointed to handle the administration of Screenetics, a subsidiary of Ultrasis.

Immediately after the appointment of the administrators they oversaw the sale of certain parts of the distressed business as well as the disposal of its assets.

ToHealth stepped forward to buy the assets and some of the business. Mr Flint commented on the administration and subsequent sale: "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.”

He added that the administration also meant that 34 jobs were able to be saved as a result of ToHealth stepping in.

Ultrasis provides “technology-driven healthcare”, designed to improve people's well-being on a physical, psychological and social level.

Screenetics focused on providing health and well-being services to private corporate organisations. It provided advice on lifestyle changes to help improve the health and motivation of staff.

Contact the administrators

View other businesses in administration.

Share this article

Latest Businesses for Sale

Classic Car Restoration & Sales (Fast Sale)
Lincolnshire, UK Wide

Expert team of specialist vehicle restoration mechanics and engineers. Spacious showroom and workshops. Please note, this is an accelerated process. Best and final offers are to be received by 5:00pm Monday 17 December 2018.

Asking Price: Offers Invited
Turnover: £343,328

Private & Corporate Event Catering Management Company
South East, UK

A profitable independent catering company that provides catering services throughout the Southeast. This is an opportunity to purchase a business with an established turnover, a loyal customer base and potential to grow. Offers invited.

Asking Price: £220,000
Turnover: £700,000

Takeaway & Delivery Restaurant
Barking, London, South East, UK

Profitable pizza, kebabs, chicken takeaway and delivery restaurant for sale. Established over 20 years. Very busy takeaway and delivery situated in a busy location with custom from local residential area and nearby school. Lots of passing trade from...

Asking Price: £159,000
Turnover: £384,000


View more businesses for sale

News Search

Latest News


Concrete company acquired in impressive deal | BUSINESS SALE

A Wrexham-based concrete products and quarrying company is s...


Geotechnical firm completes MBO | MBO/MBI

A geotechnical consulting group based in Durham has successf...


Construction company enters administration | ADMINISTRATION

A Bristol-based construction firm has collapsed into adminis...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources