Gamma Global Holdings Limited (05468669): administration
- Status
- Administration ended
- Administration began
- 2015-02-25
- Administrators
- Mark Malone, Gareth Prince
- Administrators' firm
- Begbies Traynor
- Formerly
- Hallco 1185 Limited
- Incorporated
- 2005-06-01
- Location
- Birmingham
- Industry
- 74990 Non-trading company
Why it went into administration
- HMRC / tax arrears
- Credit insurance / supplier credit withdrawn
- Competition / price pressure
From the administrators' statement
The Company entered into Administration primarily as a result of the insolvency of tts subsidiary undertaking, Gamma Global (UK) Limited on 25 February 2015
The following statement on Gamma Global (UK) Limited was prepared by Mark Winter, director of the Company
The business was originally formed in 1989 by Steve Leibowitz as a broking business for IT hardware products | joined the business in 1998 and by 2005 the business had been through two management buy outs During that time the Company set up businesses in France and Hong Kong both of which eventually fatled putting pressure on the business In 2006 ! opened an Italian operation that, whilst initially successful, like France and Hong Kong eventually failed
Administrators' statement of proposals (2015-05-05) · Companies House register