Feeds

Dan Technology – how big was it anyway?

Why is no-one complaining

  • alert
  • submit to reddit

An unnamed buyer is waiting in the wings to buy Dan Technology, the bust computer builder, receivers BDO Stoy Hayward told Computer Buyer today.

And as a going concern. But as just about everyone was made redundant when the company fell into receivership last month, it's difficult to see what's going.

At the time of collapse, BDO issued a press statement saying that it would endeavour to fulfil outstanding orders and that warranty calls would be dealt with case-by-case.

Since then there has been a deafening silence from punters - we've received three emails asking after Dan's health, including one from a creditor.

When Tiny went bust, by contrast, we received hundreds of emails from first worried and then pissed off customers. But then Tiny was damn big company with hundreds of thousands of customers.

So how big was DAN Technology? The paucity of emails suggest that it was not writing much new business lately. The paucity of emails from existing DAN owners suggest that either a: they're bloody well built b: the warranties are covered and everyone's getting their PCs fixed c: DAN is a pretty small business.

Lack of worried customers is hardly a surprise, considering the withdrawal of credit cover by Euler Trade Indemnity, the major trade insurer, in February.

This meant that suppliers dropped or scrapped credit limits, forcing Dan to pay cash upfront. In the short term this limits the ability of the company to underwrite new business. And in the medium term it is effectively a death sentence. ®

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
How to simplify SSL certificate management
Simple steps to take control of SSL certificates across the enterprise, and recommendations centralizing certificate management throughout their lifecycle.