Feeds

Bailiffs on the way to Time Computers' shops

The cheque must be in the post

  • alert
  • submit to reddit

Updated A property company has decided to send the bailiffs round to two of Time Computers' shops because the rent has not been paid.

The outlets are owned by Peel Holdings, a major property group based in Manchester. A representative from Peel Holdings confirmed the company had made the decision to send the bailiffs round, but couldn't say when they'd arrive - maybe later today or tomorrow.

The Peel representative said the stores in question are located in Stockport and Blackburn. "Our objective is to get them to pay their rent," he said.

He wouldn't say how much Time owed or how long it had owed it.

The Blackburn store moved from the Peel owned Whitebirk Retail Park to the Townsmoor Retail Park last year. The new store premises is not owned by Peel.

The Stockport store is in the Peel Centre, Great Portwood Street. ®

Update

Time Group has informed us it has discharged its debt to Peel Holdings.

Related Stories

Time Computers lays off more staff
Time seeks £2.2m damages from C2000
Time Computers maverick staff site is here
Time Computers and its secret CEO
MP calls for Time to 'come clean' on layoffs
Time Computers culls 130 workers

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.