Entatech UK Limited (03705228): administration
- Status
- Administration ended
- Administration began
- 2017-05-08
- Administrators' firm
- KPMG
- Formerly
- A-Standard Europe Limited; TVM (UK) Limited
- Incorporated
- 1999-02-01
- Location
- Birmingham
- Industry
- 46510 Wholesale of computers, computer peripheral equipment and software
Why it went into administration
- HMRC / tax arrears
- Cash flow / liquidity pressure
- Supply chain disruption
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Bad debts / customer insolvency
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The Company was established in 1999 as a specialist distributor of IT equipment. It operated as a business-to-business distributor and supplied a range of products into a number of retailers, resellers and system assemblers.
The Company represented approximately 70 vendors selling to over 2,000 customers in the UK, with its main purpose being to simplify the route to market and supply chain for vendors and resellers respectively.
There were 83 employees at the Company as at the date of the appointment operating from a single freehold site in Telford, Shropshire.
Administrators' statement of proposals (2017-07-07) · Companies House register