Microland goes bust
Administrators appointed...
Posted in IT Channel, 19th January 2005 11:56 GMT
Free whitepaper – The future of SaaS and IT infrastructure management
Manchester-based PC builder Microland Technology has gone bust. Administrator Unity Corporate Recovery has scheduled a meeting of creditors for 31 January at its Bolton offices in order to put the Internet-based retailer into liquidation.
Unity was appointed on 6 January after it became apparent that Microland was insolvent. David Edgehill, an administrator at Unity, estimates that Microland went under with approximately £350,000 in debts.
A report on Microland's financial position will be presented at the January meeting. Microland employed ten people in addition to three directors, all of whom are almost certain to lose their jobs. ®
Related stories
Paradise Computers goes titsup
Highberry fails to force Colt into administration
£100 PC business wound up by High Court
Free whitepaper – Airport insecurity: the case of lost laptops
Dell PowerEdge M710 with Dell EqualLogic storage vs. HP ProLiant BL685c with HP StorageWorks EVA 4400
Expert Roundtable: The Register Agile Data Center Summit
Hosted CRM Can Be Your Secret Weapon to Success!
Power distribution systems for the Dell PowerEdge M1000e Modular Server Enclosure

Sign up, sign up for The Register IT security newsletter
Microsoft's Windows 7 price gamble - and why it's flawed
Managing Desktop Software for fun and profit
Intel's flash new SSDs hit by bugs