The Channel logo

News

By | John Leyden 19th January 2005 11:56

Microland goes bust

Administrators appointed...

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

alert Send corrections

Opinion

Photo of HP Enterprise office
Apple Mac Mini late 2014

Alexandre Mesguich

Change is order of day as tech giants shift strategy gears

Features

Collapsed house
‘AWS is to the era of cloud what Microsoft is to client/server’
Venomous snake
Potential deleterious effects more like a snakebite* than a snake bite
Windows Server
Hacked US CENTCOM Twitter account