Administrators have been brought in who are "exploring a variety of options".
Specialising in Handheld Data Capture and EPoS Hardware
PLM Global specialised in the supply, repair and maintenance of handheld data capture devices, mobile print and EPoS hardware.
Decline in Trade Forces Business Closure
However, it was unable to pay its debts "due to a decline in trade". The director subsequently made the staff redundant and ceased to trade the business.
Administrators Step In to Explore Company Assets
Shortly after this, PLM Global's lender appointed Gordon Thomson and Damian Webb of RSM as joint administrators. They said they are "exploring a variety of options in terms of realising the company's assets".
From Management Buyout to Business Shutdown
In 2022, PLM Global, which is said to have worked with hundreds of clients, underwent a management buyout backed by SME Capital.
