• Business

    Revenue seeks the winding up of Liam Casey’s PCH International

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    By Alan Healy,Irishexaminer.com

    Copyright irishexaminer

    Revenue seeks the winding up of Liam Casey's PCH International

    The petition was presented to the High Court on September 23 by the Revenue’s Collector General Joseph Howley. It seeks to have the matter heard in the High Court on November 10.

    In a financial statement lodged in October 2023, auditors EY noted the company would require additional working capital financing over the period to 31 December 2024, amounting to $12.4m (€10.6m).

    Over the past three decades, PCH has worked with some of the world’s top tech companies, helping them source items, develop products and refine supply chains.

    Headquartered in Cork, the company also has offices in San Francisco and Shenzhen, China.

    Mr Casey has won numerous business awards, including EY Entrepreneur of the Year and Cork Person of the Year.

    During the covid pandemic, Mr Casey became a key figure as he assisted Ireland in securing the required equipment to help treat patients and protective equipment to allow the lifting of lockdowns. However, the almost 300 days of lockdowns in China created a challenging period for the company.

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