Feeds

Affinity Internet Holdings goes titsup

Unravelling fast

  • alert
  • submit to reddit

Providing a secure and efficient Helpdesk

Affinity Internet Holdings today went into administration. We understand that a massive hole has been discovered in the accounts of Affinity Internet Ltd, the virtual ISP business sold to CleverView Investments last month.

Here in full is AIH's statement released to the London Stock Exchange.

"Affinity Internet Holdings plc ('Affinity') today announces that Vivian Bairstow and Nick Hood of Begbies Traynor have been appointed as its administrators. Suspension of trading in the Company's shares was announced on 24 March 2003.

Enquiries, please contact:

Vivian Bairstow/Nick Hood

Begbies Traynor

020 7242 6939

AIH has, or had, two main operating businesses, a mobile phone network resell operation and a Virtual ISP business. The group has unravelled fast since March 11, when it sold off the assets of Affinity Internet Ltd (AIL), its Virtual ISP business, to Cleverview Investments for £250k and the assumption of debt.

On March 25, the company put its Affinity Wireless business into administration. Word on the street is that this purportedly profitable business owed millions of pounds to Vodafone, which pulled the plug on the service. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
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.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
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.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.