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Ex-Rowlands MD’s prescription delivery firm put into administration and sold
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Remedi Solutions, the NHS prescriptions delivery company headed up by ex-Rowlands Pharmacy MD Kenny Black, has entered administration and been sold after its losses rose by over 150 per cent.
Runcorn-headquartered Remedi Solutions, which in August handled the seventh highest number of prescription items in England at 81,262 items and served care homes and other users, entered administration on December 6, according to public records website The Gazette.
The appointed administrators are accountants Nicholas Harris and Lucinda Coleman of Francis Clark LLP.
Little information is available on new owners Remedi Healthcare, which according to Mr Black adopted the Remedi name to ensure a smooth transition for “core business customers”.
The Remedi Healthcare website lists services including travel vaccinations and NHS blood pressure checks as well as a weight management service, and as with the previous Remedi Solutions website it lists Chris De Vincentis as superintendent pharmacist.
A spokesperson has informed P3pharmacy that there has been no interruption to day-to-day trading and that the company's care home patients have not been affected.
According to a Companies House filing published in September, in the year to December 31, 2023 Remedi Solutions made a loss of £4.7m, 155 per cent more than the £1.84m it lost in 2022.
Remedi Solutions was previously named CHMEDS Ltd from August 2012 to November 2019.
Mr Black, who was Rowlands Pharmacy managing director for 16 years before leaving in 2019, wrote to self-employed staff last week in an email seen by P3pharmacy, advising them: “I write to inform you that Remedi Solutions was bought by Remedi Healthcare on Friday 6th December.
“The new business has one director and owner and as such is not related to Remedi Solutions in any way.
“The name Remedi has been retained to ensure the core business customers understand the new business is operating in a similar way to Remedi Solutions.
“During a process such as this purchase, the new company has no responsibility for the debts of the old company, in this case the payment of self-employed staff.”
“The new owner however understands the great work you have carried out and as such would like to honour those debts, however these cannot be paid in one sum.”
Mr Black advised that invoices covering the period up to November would be paid in monthly instalments, the first on Friday December 13th and the following two in January and February, with claims for December work to be paid on January 13th.
“I apologise for the problems this payment process will make but as said above, this is a payment that does not have to be made and we are all appreciative that the new owner has understood what a good job everyone has done and hopefully will continue to do,” said Mr Black.