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Telford phone company Geko goes into administration/ liquidation

Telford based phone company Geko went into liquidation/ administration with the loss of 85 jobs on the 5th of May 2011

 
PRLog - May 9, 2011 - Bosses from Geko's head office in Queensway advised they failed in resolving cash flow problems and were unable to locate new investors leaving no choice but to go into administration. visit http://businessmobilequote.co.uk/orange-dealer-geko-adminstration-mainline for more info.

Dave Carter managing director of Geko said it was a "very sad day," for the company, and was further saddened by the loss of jobs for the 85 employees who all have a months wages owed to them by Geko.

Geko had operated in the midlands for nearly a decade and had offices based in Telford, Birmingham and Stoke and were very proud of their operation stating they had "a lot of happy customers," and blamed that Geko went into administration based the current economic climate where banks are not
willing to lend.

Lacey Webb, a spokeswoman for Geko advised that bosses had done all they could to prevent the company from going into administration. She added "We tried desperately to find investors to prevent the liquidation of Geko but were unable to find anyone to help

"Geko will now be handed over to the administrators who are yet to be appointed."

Geko's role in business was acting as a broker between businesses and phone operator Orange, they secured customer retention, and discounted deals on new handsets, Geko was a strong independent company who were due to celebrate their 10 year anniversary in September 2011.

All Geko staff have been sent a letter explaining the situation and advising them how to claim their loss of income for the month and Geko staff are already seeking new jobs by applying in their respective towns,

Should you have a business contract with Geko and wish to seek independent advise you can visit us at http://businessmobilequote.co.uk/business-mobile-advice or contact us on 0800 077 6230 or visit and one of our consultants will be happy to speak to you frankly and honestly and advise you of the best option for moving forward.

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We specialise in assisting business mobile customers who find themselves in this predicament by appraising your current situation and advising you of the options available to you and your company.

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Contact Email:
***@gsmassociates.com Email Verified
Source:Business Mobile Advice
Phone:0800 007 6230
City/Town:Telford - Shropshire - United Kingdom
Industry:Administration, Liquidation
Tags:geko, telford, birmingham, stoke, liquidation, administration, mobile contract, advice
Shortcut:prlog.org/11480393
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