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Articles about Administration

Administrator: 2e2 owed £412m to creditors when it went titsup

Well-known channel firms owed MEELLIONS

Stricken 2e2 sacks 627, winds down, retains a few data centre caretakers

Fat lady folding up her music stand, eyeing exit

Atomic Weapons Establishment ditches 2e2 in funding row

Not riding this bomb down

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Lawyer: 2e2 customers should act quickly as liquidation looms

Any 2e2 customers that clung on in the hope a buyer could be found for fallen channel giant must act now to minimise disruption to service, a law firm has warned. More than a week has passed since 2e2's 10 UK subsidiaries were placed in the hands of FTI Consulting, and the administrator seems to have run out of potential buyers …
reseller_closures

Micro Anvika goes titsup after Olympics fails to save its shops

The directors at Tottenham Court Road outfit Micro Anvika have called in the administrators after more than 28 years in business, The Channel can reveal. The firm appointed IP and business advisor Re10 on 17 September but continues to trade out of its three premises - two on TCR and one in Newcastle - albeit with fewer staff. …
Logicalis

Logicalis CEO reveals blueprint for gobbled 2e2 Euro biz

Foothold in mainland Europe and consulting gigs

UK's 2e2 goes titsup

Debt-laden Berkshire big boy calls in administrators
2e2
2e2

Stricken giant 2e2 may be sold off in one by Monday - sources

The sale of fallen integrator 2e2 may be finalised as early as Monday with administrator FTI Consulting looking to offload all of the UK biz to just one buyer, say people close to the talks. All of the major household names in the channel are understood to have looked under the hood of the Berkshire-based company since ten UK …

Logicalis coughs up €24m for 2e2's Euro ops

Logicalis Group has coughed €24m for 2e2's European operations, it confirmed in a stock market statement this morning. The deal includes the IBM system integration biz in Spain - which is still trading under the Morse brand; the NetApp and HP enterprise reselling outfit in Ireland; a managed service operation in the Channel …

Bargain! Desperate Comet SLASHES price of £4,400 iPod Nano

Pic No wonder they had cash flow problems

Capita inks another local council deal, pockets £154m

West Sussex County hands firm telecommunications, pensions admin contract

Cawing retail vultures circle dying Comet, might rip some chunks off

Aaark! Aaark! say Maplins, Dixons, webshops

Daisy, Computacenter turn down purchase of stricken 2e2

We've talked the talk, now we're walking the walk

Deloitte in the saddle at Comet, seeking stability - and a buyer

Santa's empty sack could be omen for 6,000+ employees

Comet crashes to Earth: 125 stores wiped out

Thousands of chain's staff at risk

Capita slurps crashed 2e2's ex-flack-in-chief to bolster sales

Ex-BA Ian Thomas starts today

Vultures circle crash-landed UK giant 2e2 after top brass axed

Lay-offs signal break up, insiders claim
closed_sign shut down under collapsed liquidation

Taxpayers to cough for Comet staff redundo

The last stores of the once mighty High Street giant Comet are to close by tomorrow but the saga looks set to continue, with taxpayers potentially having to step in to cover redundancy costs. Administrative receiver Deloitte, called in by the ailing retailer's parent Hailey Acquisitions Ltd on 2 November, had been holding talks …

Opinion

Joe Fay

Server boss comes to London, become hostage to fortune
cubicle_farm_computers_channel

Tim Ayling

Er, what does that mean? Anything you want it to
money trap conceptual illustration

Eddie Pacey

Get your money up front if you want money up front

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