Myratech goes titsup
Brummie reseller hits the ropes...
Myratech.net, the web hosting and design business, has gone bust. Shares in the AIM-listed firm were suspended last week ahead of the appointment of administrators
The administrator is Mr C K Rayment of BDO Stoy Hayward, Birmingham. Rayment is seeking a buyer for Myratech's 200 remaining customers, which include accountants Baker Tilly and the Rio Group.
The Birmingham-based business started life as a Sage reseller - this business was sold off in January to Electronic Business Systems Ltd for £160,000. Eight members of staff transferred to EBS. ®