The Channel logo

News

By | Mark Ballard 3rd October 2006 16:06

Elonex phoenix crashes to Earth

Administration again

Elonex Ltd has gone into administration, just three months after it was formed from the ashes of Elonex Plc by Staffs-based stationer Afic.

Administrators from Vantis were called into Elonex Ltd yesterday. Afic had bought the services and warranty business of Elonex Plc in July, after the Northwest London-based PC vendor slipped into administration.

Yuval Ella, managing director of Afic, said he had been disappointed with the company he bought.

"In general, I've invested a lot of money in this," said Ella. "I'm greatly disappointed that what I was sold was not what was there."

Ella said he had not received the support he had expected from Elonex France, a sister firm of the old Elonex. He had also counted on, but not received, the support of key former staff, he said.

He would not say how much money he had spent on Elonex, but said it had gone on maintaining the running costs of the firm's fleet of warranty engineers. Customers had complained of being told by Elonex that it would not honour the warranties of customers. However, Ella said the cost of running the firm had been in providing its services.

Neither of the joint administrators, Geoff Rowley or Simon Glyn, were available to comment.®

alert Send corrections

Opinion

Baby looks taken aback/shocked/affronted. Photo by Shutterstock

Kat Hall

Plans for 2 million FTTP connections in next four years 'not enough'
Microsoft CEO Satya Nadella
Stranded_ships

Chris Mellor

Thousands of layoffs announced as spinning rust enters its death spiral

Features

STRASBOURG, JUNE 29, 2016: The seat of the European Parliament. by Marco Aprile for shutterstock. EDITORIAL USE ONLY
Plan b, image via Shutterstock
EU workers, new markets: post-Brexit pressure on May & Co
Tough question, pic via Shutterstock
Honest mistake with your licensing? Audit police look at it on a 'case by case basis'