|
|
|
03 Jul 2006
The liabilities of Spot Distribution could be more than £1m, but any connection with Voice Comms Warehouse (VCW) has been denied.
Last week, Spot appointed an insolvency firm to put the distributor into liquidation (CRN, 26 June). In the same week, VCW started to operate out of Spot’s offices in Shropshire. Mike Harris, an investor in Spot, was also confirmed as being the director at VCW. This sparked speculation in the channel that VCW could be rising from Spot’s ashes, a claim Harris has since denied.
Harris told CRN: “VCW is a completely separate trading business to Spot. It will concentrate on security, telephony and packaged services.”
Martin Williamson, director at liquidator DS Insolvencies Services, said: “The creditors meeting has been set for Thursday [6 July]. At the moment Spot could potentially owe more than £1m, but we are still gathering information.
“We are not aware of a connection [between Spot and Voice Comms] at the moment. Mike Harris was only a shareholder at Spot, not a director.”
Williamson added that it is likely Spot and VCW are “distinctly different companies” that happen to have an investment connection to Harris.
One of Spot’s creditors, who asked to remain anonymous, alleged to CRN that Spot has estimated liabilities in excess of £1.4m owed to about 53 creditors.
trevor_treharne@vnu.co.uk
Related articles
In this video find out about the fast-growing Chinese vendor's plans for market domination and how the channel is its route of choice
Find out what gifts Acer has in store for partners for 2012 in this exclusive roundup of its recent conference
CRN's premier networking event is back on 17 May at the Ricoh Arena
Date: Thu 17 May 2012
Channel fighters preparing to square up once more on 24 May
Date: Thu 24 May 2012
The proliferation of endpoint devices within the enterprise has highlighted the shortcomings of one of the traditional approaches to data security
This Forrester report compares the costs and benefits of legacy email and productivity software with Google Apps
Dave discovers that rozzers are seemingly living in the technology dark ages
Mark Needham, founder of distributor Widget, argues that John Browett leaves for Apple with Dixons in better shape than when he arrived
|
|
|
Do you agree?
Have your say