Bitmore Limited (07563031): administration
- Status
- In administration
- Administration began
- 2026-07-24
- Administrators
- Charlotte Jobling, Avner Radomsky
- Administrators' firm
- RG Insolvency
- Formerly
- Nuwave Channel Partners Ltd; IPX Distribution Limited
- Incorporated
- 2011-03-14
- Location
- Borehamwood
- Industry
- 13990 Manufacture of other textiles n.e.c.
Why it went into administration
- COVID-19
- HMRC / tax arrears
- Supply chain disruption
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Sustained trading losses
- Parent or group failure
- Competition / price pressure
From the administrators' statement
Bitmore Limited (“the Company”) was incorporated on 14 March 2011 by the director Harjinder Parmar and Rina Saroya who resigned on 1 February 2017. The Company supplied innovative consumer electronics and technology accessories to major retailers, initially focusing on the UK retail, wholesale and distribution markets before expanding into the global travel retailer sector.
Prior to establishing the Company, the director had accumulated over 20 years’ experience managing and running businesses within the consumer electronics, B2B and wholesale sectors, developing long-standing relationships with many of the UK's leading retailers, together with major consumer technology distributors and manufacturers,
Over the past 14 years, the director has been responsible for the strategic direction of the Company, including business development, product strategy, customer acquisition, supplier relationships and the day-to-day management of the Company. As the business evolved, the director successfully led its expansion into the global travel retail sector, establishing relationships with many of the world's leading airport retailers, airlines and travel retail distributors.
Administrators' statement of proposals (2026-08-13) · Companies House register