Misco UK closes its doors

Owned by Systemax (formerly, Global Computer Supplies), IT reseller, Misco UK, confirmed earlier this year it was having cash flow problems after it was issued with a winding up petition over unpaid VAT by HMRC.

Misco UK closes its doors - MF Communications

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 to 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.

Business telecoms’ solutions from MF Communications

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:

A team of business telecoms engineers and telecommunications experts with extensive industry experience, MF Communications is a responsive company where we listen to our clients so we can tailor our services to suit your business needs. Whatever your business telecoms needs, MF Communications will deliver a solution to suit.

Get in touch to talk to one of our highly qualified and experienced telecoms engineers to find out how we can help your business with all it communications’ needs.

Call 01892 514687, or contact us via the website.