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Articles about David Phillips

Northamber grabs ladder, claims PC market burning

Northamber's colourful chairman is forecasting a "more worthwhile future" - one that is less dependent on tech hardware - but the latest financials still bear the scorch-marks of attempts put out its burning PC biz. The UK's oldest tech wholesaler has been rather more quiet since listing on AIM, which means the company no longer …
Paul Kunert, 07 Mar 2014
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Sales dive at UK's oldest tech wholesaler: PC crash splashes Northamber in red

UK wholesaler Northamber swung to a dramatic loss in fiscal '13 caused by a costly restructure, sliding commodity product sales and eroding margins. The Surrey-based distie – Blighty's oldest tech wholesaler – today reported an operating loss of £1.15m for the year to 30 June, compared to a profit of £97,000 in the previous 12 …
Paul Kunert, 08 Oct 2013
Northamber

Woes continue at Northamber after PC, server franchise breakage

Three things in life are certain - death, taxes and perennially declining turnover at Blighty's oldest tech distributor Northamber, which this morning reported another double-digit sales slump. The LSE-listed wholesaler, which plies its trade from Surrey, revealed revenue for fiscal Q3 ended 31 March was down 20 per cent year-on …
Paul Kunert, 15 May 2013
Northamber

Credit safety net ripped from under elder IT distie Northamber

QBE Insurance has removed entire lines of trade credit insurance on Surrey-based distributor Northamber, The Channel can reveal. Declining trade at one of the oldest wholesalers of IT gear in Blighty is understood to be the reason behind indemnifier QBE's decision, say our sources. Disties Computers Unlimited (Janson Group) and …
Paul Kunert, 30 Apr 2013
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Northamber money boss Lee resigns after seven months

Northamber has split with director of finance Nick Lee just seven months after he stepped into the role, The Register can confirm. Lee joined Chessington-based distie Northamber in June after parting with former employer Avnet Tehcnology Solutions where he was chief UK bean counter. Prior to that he was CFO at Bell Microproducts …
Paul Kunert, 09 Dec 2011
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Northamber: PC stock mountain hurt us

Sales at veteran distie Northamber collapsed in its fiscal Q1 ended 30 September as the IT market ran aground and it steered clear of unprofitable product lines. The UK's first wholesaler revealed that sequentially, revenues were up 9 per cent but on a year ago comparison they tanked nearly 30 per cent and it made an operating …
Paul Kunert, 18 Nov 2011
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Northamber musters 'cautious optimism'

Veteran distributor Northamber allowed itself a glimmer of optimism today as it unveiled its preliminary full year results. Chairman David Phillips said in his statement: "I am pleased to announce improved profitability for the year as a whole and importantly the return to profit at the operating level." He added that "whilst …
Joe Fay, 07 Sep 2010
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Blighty's first IT wholesaler swaps Henry for Henry

Veteran distributor Northamber's long-sufferingserving managing director Henry Matthews has hung up his boots some 30 years after helping to set up the UK's first IT wholesaler. The Reg caught wind of the departure in recent weeks but Northamber had refused to comment until today, confirming to the LSE, along with first half …
Paul Kunert, 21 Feb 2012
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Northamber sees sliver of light in Q1

Veteran disty Northamber reported "positive progress" today as it unveiled its interim management statement. In a comparatively numbers-free statement this morning, chairman David Phillips said: "After the challenging trading conditions of very recent years, it is pleasant to be able to report positive progress and support my …
Joe Fay, 11 Nov 2010
globalisation

Northamber to split with vendors again

Cisco and Toshiba are winding down their agreement with Surrey-based distribution veteran Northamber. The two-year deal with the networking linchpin covered products in its Small Business Technology Group (SBTG) – mini versions of the classic Cisco routing, switching, security and unified comms lines. Talking to The Register, …
Paul Kunert, 05 Jul 2011
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Northamber balks at forecasts amidst market uncertainty

Northamber illustrated the fragility of the tech market today with results that showed a slip in sales, increasing credit insurance costs and a refusal to give guidance on its future performance. The distributor managed to boost its profits for the year to June 30, which were up 5.9 per cent to £627,000, despite sales slipping 1 …
Joe Fay, 24 Sep 2008
globalisation

Northamber: 'It would be wrong to be optimistic'

Northamber said it would be "wrong to be optimistic" as it weighs the chances of an upturn in the economy after the first six months of its financial year saw revenues slump 30 per cent. The veteran distributor turned in revenues of £68m for the six months ending December 31, compared to £97m a year ago, while last year's £453, …
Joe Fay, 19 Feb 2009
Northamber

Northamber reports static Q1 revenue

IT equipment distie Northamber PLC said its first quarter sales had failed to grow on the same period a year ago. Speaking at Northamber's annual general meeting today, chairman David Phillips attributed the firm's revenue standstill to the weakness of the US dollar. He said that tough economic conditions would continue to " …
Kelly Fiveash, 16 Nov 2007
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Northamber confirms channel of misery

Hardware distie Northamber confirmed tough times in an interim statement to the Stock Exchange today. Back in June the firm's chairman David Phillips said: "Within an area of largely discretionary expenditure and a lack lustre start to the year, it is simply not possible to provide any guidance, beyond our determination to …
John Oates, 14 Nov 2008

Readers win with Reg Hardware

Every day this week, Register Hardware is offering readers the chance to win a Nokia E65 smart phone, and we've drawn our first winners... So will you please give a big hand to Philip Taylor and Sanjit Sousa who will both be shortly taking possession of brand spanking new E65s. Congratulations, guys. Don't forget, there's …
Northamber

Northamber holds tight

Distributor Northamber has reported how it has managed to sit out a "disappointing" period for the IT sector by keeping a tight reign on costs and cashing in some investments. Profits were up a smidgeon for the six months ended 31 December 2006, according to the firm's interim results, published today, to £0.37m from £0.32m for …
Mark Ballard, 28 Feb 2007
The Register breaking news

Changes happen at Northamber. Chocolate partly to blame

Northamber today saw the resignation of two top managers. Paul Smith quit as commercial director and Colin Thompson left his post as non-executive director. Northamber refused to comment on Smith, but said Thompson's departure was due to legal requirements. David Phillips, Northamber chairman, said Thompson's role conflicted …
Linda Harrison, 08 Jan 1999
The Register breaking news

Northamber boss sues Rolls Royce

David Phillips, chairman of distributor Northamber, is suing Rolls Royce after the company hung his £200,000 Bentley on a wall for two weeks. Phillips was forced to send the green Continental back to the garage three times for a string of faults, including rattling panels, oil leaks, dodgy suspension and poor steering. Mechanics …
Linda Harrison, 18 Apr 2000
The Register breaking news

AOL Europe reshuffles top table

AOL Europe -- a venture between America Online Inc and Bertelsmann AG -- has shuffled its senior management team in a bid to turn the service provider into a meaner, but not necessarily leaner, fighting machine. David Phillips, who has been the acting MD for AOL UK since March becomes senior VP, pan-European Business and Legal …
Tim Richardson, 10 Aug 1999
The Register breaking news

Channel assembly lifts Northamber profits

Northamber is turning its back on the growth at all costs volume distribution model. Speaking to The Register about the company's latest interims, which saw margins rise but sales fall by six per cent, chairman David Phillips said the company was no longer prepared to sacrifice margin for market share. Turnover for the six …
Drew Cullen, 03 Feb 1999
The Register breaking news

Cyberstrike gets lift from AOL

AOL UK is using its considerable clout to promote Sunday's pan-European cyberstrike although it is stopping short of urging its members to take part in the militant action. The UK arm of the world's biggest service provider has also confirmed it has gained corporate membership of the Campaign for Unmetered Telecommunications -- …
Tim Richardson, 03 Jun 1999
The Register breaking news

Profit falls at Northamber, but at least it made one

Northamber saw pre-tax profit drop 28 per cent for the year ended 30 June, but said it was doing better than most rivals. Profit before tax was £6.32 million for the distributor, against £8.81 million the previous year. Sales were down 5.4 per cent to £277.73 million. Pre-tax margin fell from 3 per cent to 2.17 per cent, with …
Linda Harrison, 23 Sep 1999
The Register breaking news

AOL UK urges Government to turn off Internet clock

Full text of open letter from David Phillips, president and managing director, AOL UK Turn OFF The Clock Imagine buying a season ticket for your local train service then having to pay the full fare on top of that for every train you caught? Or how about paying by the minute every time you watched TV - whatever the channel - on …
Tim Richardson, 03 Jun 1999
The Register breaking news

Profit warning from Northamber

Northamber issued a profits warning today, blaming falling prices and over-supply in the distribution sector. The Chessington-based distributor said it expected financial results for the year ending 30 June to be "significantly below current market expectations." "The recent market trend of falling unit prices, driven by over- …
Linda Harrison, 01 Jun 1999
The Register breaking news

PC downturn hits Northamber

Northamber, the pan-UK distie, says that sales will be £20m less than previously expected. The company is now forecasting full year sales of £300m approx. It blames a "marked downturn in demand" for PCs for the shortfall. Northamber is, historically, IBM and HP's biggest wholesaler in the UK. It reports that the first three …
Team Register, 12 Jun 2001
The Register breaking news

Cheap airline pioneer plans huge cybercafe chain

Stelios Haji-Ioannou, the owner of the no-frills, Luton-based budget airline Easyjet, is investing £10 million in cybercafes. The first will be in Victoria, London and should open on 21 June, with 420 workstations. SH-I says that with large establishments, access charges can be as low as £1 an hour because of economies of scale …
Graham Lea, 12 May 1999
The Register breaking news

120 jobs lost as Logical exits PC business

Logical, the networking reseller arm of Datatec group, is withdrawing from the supply and maintenance of PCs and servers in the UK, with the loss of 120 jobs out of a total workforce of 400. Jon Davies, Logical worldwide marcoms director, said the corporate PC supply business was "a scale game in which we are no longer able to …
Drew Cullen, 07 Feb 2001
The Register breaking news

Free ISPs force AOL to slash rates

AOL confirmed it is feeling the pinch from free Internet access services in the UK by reducing its monthly access fee to £10 for unlimited use from next month, although the company officially denies this is the reason. Access previously cost £17/month. AOL Europe is a 50-50 partnership with Bertelsmann, the German media group, …
Graham Lea, 11 May 1999
The Register breaking news

Bin men walk out in support of Swansea IT strike

Tensions in Swansea intensified yesterday after bin men and other staff walked out in support of striking IT workers opposed to the privatisation of their department. Union officials from Unison stepped up their industrial action at the council's main buldings and depots asking workers not to cross picket lines set up for the …
Tim Richardson, 20 Aug 2004
The Register breaking news

Northamber lifts hatches and comes out to play

Northamber has released its year-end results and given a good indication of how its year of careful financial management has gone. Chairman David Phillips said: "These strong, rewarding results cover a protracted period of adverse and then lacklustre market conditions, pre and post the millennium." He may be right or wrong …
Kieren McCarthy, 22 Sep 2000
The Register breaking news

Northamber pins price erosion on Intel

Northamber has placed the blame for market price erosion squarely on Intel’s shoulders. Turning in a good set of annual results, the Chessington-based distributor said “over-frequent announcements of performance upgrades to their Pentium processors... had contributed to purchasing delays and inevitably consumer confusion”. Sales …
Drew Cullen, 23 Sep 1998
The Register breaking news

AOL cuts prices but won’t go free

AOL is being squeezed so hard by the growing competition in the UK ISP marketplace that it is starting to black out and become confused and disorientated. Today it announced that as of 1 June, the cost of unlimited access to AOL will be cut to just £9.99 -- down from £16.95 a month. Announcing the new pricing plan, Andreas …
Tim Richardson, 11 May 1999
The Register breaking news

Distributors in turmoil: the winners and the losers

Distribution is moving in two opposite directions – one is taking the big companies into a high-volume model with highly automated ordering and delivery systems, the other to a high value specialised model and one that will closely align with the reseller community. This does not mean that all the distributors in the middle who …
Simon Meredith, 16 Jun 1999