Provisional liquidators appointed to Cork medical supplies company

PMD Device Solutions 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.

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.