Owned by Systemax (formerly, Global Computer Supplies), IT reseller, Misco UK confirmed earlier this year it was having cash flow issues after it was issued with a winding up petition over unpaid VAT by HMRC.
Talks to save the company from administration and secure additional funding to turn the business around failed at the eleventh hour and Misco UK has now ceased trading.
This comes after the sale of Misco Germany last year, whilst Systemax held on Misco France, the largest and most profitable operation in the Misco group. Hoping to turn around the loss-making operation, Systemax also sold its technology supplier businesses in North America, however the company were unable to stave off the inevitable.
This closure will result in the loss of 300 jobs from the company’s headquarters in Wellingborough and its warehouse in Greenock.
MF Communications is a leading business telecoms solutions provider with a strong reputation for high quality products, support and excellent customer service. For over 17 years, we have been supplying new, remanufactured and refurbished business phones, telephone systems, parts and telecommunications services to over 100 countries.
Our services include
Supplying new, remanufactured & refurbished telecommunications equipment
Asset management, recycling and purchasing of used telecommunications equipment
Remanufacturing telephones and PBX systems to the highest quality
Telephone system and line maintenance, installation and fault fixing
Low cost calls, leased line rental and business broadband & data contracts
Hosted telephony solutions and business mobile contracts
MF Communications is a responsive company where we listen to our clients so we can tailor our services to suit your business needs. A team of business telecoms engineers and telecommunications experts with extensive industry experience,
Whatever your business telecoms needs, MF Communications can help. Contact us or phone 01892 514687 to discuss how we can help your business by delivering a telecommunications solution to suit your needs.