Commtel (UK) Limited (01684112): administration
- Status
- Administration ended
- Administration began
- 2011-04-14
- Administrators
- Phillip Anthony Roberts
- Formerly
- Pullway Limited
- Incorporated
- 1982-12-03
- Location
- Farnham
- Industry
- 3162
Why it went into administration
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Competition / price pressure
From the administrators' statement
The business of the Company 1s that of designing and supplying plugs, adaptors, cables and accessories for telephonic, audio visual and computer equipment The manufacture of the majority of product 1s undertaken by suppliers based in China with some being made in Turkey. The tooling for manufacturing, with a cost in the region of £400k in 2007, has been provided by the Company to overseas suppliers who will not allow recovery of the equipment while they are owed money. The sales have been to UK retailers and wholesalers of telephone, audio visual and computer equipment
3.7
The business traded and was administered from premises at 56 Causeway Road, Earlstrees Industrial Estate, Corby, Northamptonshire NN17 4DU including warehousing or the stock. The EC Regulation on Insolvency Proceedings will apply and these are main proceedings for the purposes of Regulation 3
Administrators' statement of proposals (2011-05-24) · Companies House register