Hutchinson Networks Limited (07487684): administration
- Status
- Administration ended
- Administration began
- 2019-05-13
- Administrators' firm
- KPMG
- Incorporated
- 2011-01-11
- Location
- Leeds
- Industry
- 62020 Information technology consultancy activities
Why it went into administration
- Funding withdrawn / unable to refinance
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 11 January 2011, and operated as an IT professional services company, providing advanced IT infrastructure deployments and services for its customers. It also operated a Network Operations Centre (“NOC”) providing 24/7 monitoring cover for some clients, and developed an in house proprietary cloud computing platform (‘Fabrix”), which certain clients used for core telephony, internet and cloud computing functions.
The Company operated from Shawfair, Edinburgh with its engineers often working at client sites mostly in Scotland, but also across the UK and worldwide. The Company had 109 employees at the date of administration.
HNL did not form part of a wider group, and its only subsidiary (Hutchinson Networks Inc) is a non-trading entity registered in the USA which has no assets.
Administrators' statement of proposals (2019-08-22) · Companies House register