DMN Group Holdings (2012) Limited (08288173): administration
- Status
- Administration ended
- Administration began
- 2015-10-29
- Administrators
- Samuel James Woodward, Colin Peter Dempster
- Administrators' firm
- EY
- Formerly
- Gores Telecom Services Limited
- Incorporated
- 2012-11-09
- Location
- Manchester
- Industry
- 70100 Activities of head offices
Why it went into administration
- Sustained trading losses
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
From the administrators' statement
DMN Limited (formerly trading as DMN Installations Limited) was incorporated in July 2000 and commenced trading in September 2001 The business specialised in providing communications network infrastructure, engineering and support services to communication providers and contractors both in the UK and internationally
DMN Holdings (formerly Gores Telecom Services Limited) was incorporated In
November 2012, in order to facilitate the acquisition of DMN Limited DMN Holdings is wholly owned by Gores Glotel Holdings LLC (part of the Gores Group), a global US based private equity firm
Administrators' statement of proposals (2015-12-31) · Companies House register