I had a feeling they might be phoenixing (ie opening companies, trading for a while, then folding and opening a new company to avoid liability or other purposes). Sure enough, they are now open for business again on Google, even though the entity they traded under when they did the work is now permanently dissolved.
In the USA, this is used by irreputable mental “hospitals”. I found out to my horror after I started trying to understand how places get away with abusing patients and don’t end up losing their licenses. The basic pattern is that a PE, or Private Equity (aka investment firm) that buys most of, or all of, an existing company
PE firm creates shell companies around the treatment facility, and since they have a controlling interest they can instruct/incentivize hospital executive management to cut costs to the bone, which they do at the expense of patients’ quality of care.
Most patients who end up inpatient are already disabled enough that they don’t understand their rights and are unable to advocate for themselves. So when they are neglected to the point that they are literally being left to sit in their own feces - the facility gets away with it until another pt says this is not right and calls law enforcement out of desperation.
The state only does an investigation if there is loss of life or limb, but pt rights violations are just a slap on the wrist, so the facility has no financial incentive to resolve these issues. Eventually the facility gets hit with enough violations to lose their license.
Next, the PE firm simply dissolves the medical entity and stiff arms any claims, civil or legal (in the US, you can form a subsidiary as a limited liability corporation (LLC), which means they can declare bankruptcy and dissolve, leaving all unsecured debts to vanish into oblivion.
Once this is done, PE firm creates a new company with the same staff and a new license. The cycle repeats from there. The problem is that MH is still very stigmatized in the US system, so the patients have only themselves to advocate for them, and even if they can afford a lawyer, the firm has far more expensive lawyers who know exactly how to exploit legal loopholes, which is the entire job they do all day.
Ultimately the investors pull down absurd profits because they are charging for services they don’t supply while the insurance company is none the wiser.
This isn’t yet happening with the facility that abused me, but it’s not unheard of in my state.