Dyfed Telecom Ltd (08010020): administration
- Status
- In administration
- Administration began
- 2025-02-28
- Administrators
- Marco Piacquadio, Alan Brian Coleman
- Administrators' firm
- FTS Recovery
- Incorporated
- 2012-03-28
- Location
- Milton Keynes
- Industry
- 61900 Other telecommunications activities
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- Rising costs / inflation
- Funding withdrawn / unable to refinance
From the administrators' statement
The Company was incorporated on 28 March 2012 and commenced trading under the name Dyfed Telecom (“Dyfed”), operating as a business in the telecommunication services sector. The Company provided full service satellite, fibre, wifi-boosting and point to point networks, mobile broadband and digital landline packages to consumer customers, small to medium size enterprises (“SME”) and large corporates, including those in the public sector.
The business has historically operated with over thirty members of staff across 2 group companies, has over 5,000 customers and is an approved partner of UK mobile network, and internet service provider EE.
In recent years the Company has operated from two leased sites, details of which are provided below:
Administrators' statement of proposals (2025-03-10) · Companies House register