The Channel logo

News

By | Paul Kunert 28th February 2012 16:14

Sumlock Electronics faces liquidation

Family-run reseller shuts up shop after 36 years

North East-based family-run reseller Sumlock Electronics is to be liquidated, according to a filing to Companies House.

The VMware, NEC and Sophos partner, which was incorporated in 1976, is understood to have encountered terminal cash flow difficulties in recent months that forced it to shut up shop.

Business advisor Walsh Taylor called a creditors meeting for 16 February - but refused to comment on the outcome, directing The Reg to Companies House.

The registered company address for Sumlock has now changed to the same Leeds-based premises used by Walsh Taylor indicating the insolvency practitioner has been appointed to liquidate the reseller.

Distie sources estimate that Sumlock owed around £500,000 to trade creditors, but claimed it was likely that only secured creditors will see a dividend.

Sumlock becomes the latest small dealer to hit the wall following a huge upswing in insolvencies last year. ®

alert Send corrections

Opinion

Windows 10 on Surface 3

Tim Anderson

It's do-or-die for Microsoft's new operating system on 29 July
Wine Taps by N Wong, Flickr, CC 2.0 License

Simon Sharwood

Clouds sell compute by the glass. On-premises kitmakers want to sell wine-as-a-service

Greg Knieriemen

Privacy, security, information sovereignty, what we all want, right?
Microsoft's Joe Belfiore, speaking at Build 2015

Andrew Orlowski

Redmond devotees may as well have demanded manga desktop wallpaper

Features

Android icon desktop toys
Nice devices, now speak 'enterprise' to me
Standard Form 86 reads like a biography of each intelligence worker
Protestor barricade image via Shutterstock
Breaking through the hardware barricades to a new network state
Racecar