UK Mac dealer Camelot goes under – again
'It's only a model...'
British Mac seller Camelot has gone into liquidation - a day after announcing a plan to close temporarily pending a "reconstruction".
Camelot was the trading name of Type Technologies, which bought the reseller the last time it went bust, back in the late 80s. Back then, Camelot was one of the UK's leading grey importers, buying up cheap (ish) US kit and selling it to UK Mac buyers fed up with Apple's (then) high prices.
According to MacWorld UK, Camelot leaves a legacy of trade debts to the tune of £1.5 million and significant but unknown customer debts. Trade creditor Nitien Joshi told the magazine two of the company's three main creditors backed the restructure plan, but the third, Trade Indemnity, did not.
The "reconstruction" would see Camelot close until the necessary adjustments were complete. It said it would then re-open for business, sometime in September.
Camelot's closure comes less than a month after fellow UK reseller MultipleZones, which trades as MacZone, sold out to German-owned pan-European dealership Cancom for £800,000, and seven Australian Mac retailers merged into a single operation. ®