Gollmann-Bouw liquidation
September 2, 2010
CREDITORS of collapsed
pharmacy automation company
Gollmann Bouw (PD 21 July) have
voted to put the failed firm into
liquidation.
The liquidators, George Georges
and Peter McCluskey from
accounting firm Ferrier Hodgson,
will now conduct an investigation
into the affairs of the company.
At the second meeting of
creditors the full extent of the
collapse was revealed, with the list
of outstanding bills amounting to in
excess of $1.8 million.
The Pharmacy Guild’s Gold Cross
Services is owed $169,000, while
other major industry creditors
include Wonthaggi M.F.S.
Dispensary Limited which is
claiming $148,000 from the firm,
and Heathershaw’s Central Park
Pharmacy which is owed $34,000.
Symbion Pharmacy Services says
Gollmann-Bouw owes it $25,300,
while Pharmasol has an
outstanding debt of $39,600 owing,
and the Guild’s Fred Health Pty Ltd
is owed a hefty $63,000.
There’s a $6000 debt owing to
the Australian College of Pharmacy
and $5500 outstanding to MIMS,
while a host of other suppliers are
also owed various amounts.
Major creditors include the
company’s overseas suppliers, with
US firm MTS Medications
Technology owed $459,000 and
Gollmann Kommissionersysteme
having a $616,000 debt owing.
At the meeting, representatives of
software suppliers stated that assets
listed on the Gollmann Bouw
balance sheet as “Integration of
Gollman Robert with standard
pharmacy software” are not assets
of the company, with the
intellectual property retained by
Pharmasol and Fred Health.
McCluskey advised that “the
available financial information and
company circumstances indicate
that a dividend payment to
unsecured creditors is unlikely”.
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