Articles about Skye It

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Skye IT goes titsup

Skye IT has gone into administration today after running into financial difficulties, appointing Taylor Aitken to manage the wind-down. The Chelmsford-based reseller is a standalone business but CEO Paul Swords, remains the director at other brands in the Skye Group including Skye UAE, Recruit, Direct and Training, each of which …
Paul Kunert, 07 Oct 2011
channel

Some go gracefully in the Channel - and some go messily

Liquidators of defunct reseller Skye IT have confirmed to El Reg that the firm ran up massive debts of £1.9m. As revealed last month, the Chelmsford-based dealer decided to call it a day after encountering insurmountable cash flow difficulties and laid off all 40 staff. A meeting of creditors was held at the London offices of …
Paul Kunert, 18 Nov 2011
For Sale sign detail

Struggling tech resellers face winter of annihilation

Reseller insolvencies are predicted to remain at record highs during the December quarter as the UK economy hangs on the edge of a second recession. As exclusively revealed by El Reg in the summer, Graydon stats showed that 175 channel firms went to the wall in the first half of 2011, up 43 per cent on a year earlier, reaching …
Paul Kunert, 24 Nov 2011