Evesham the end is near

  basser 17:42 22 Feb 2008
Locked

Time's up for Evesham Technology 3:00PM, Thursday 21st February 2008

Evesham Technology was put up for sale today by former Time Computers director, Tahir Mohsan.
In his press release, Mohsan claims that the "the re-structuring of troubled UK PC assembler, Evesham Technology Limited, has been successfully completed."

He goes on to say the Evesham brand is currently being licensed to Geemore Technology, another subsidiary company of Mohsan's. "It is PCC's objective to seek a buyer for Geemore Technology Limited," Mohsan claims.

Geemore Technology was created by Mohsan to help Evesham Technology after the British system builder went into administration.

"The Company has been offered to Richard [Austin, former Evesham managing director] but he has decided for his own reasons that this is not the right time for him.

"If a buyer cannot be found, Geemore intends to continue



but the operation may be reduced to a smaller operation with lower overheads, in a controlled and responsible manner, whilst ensuring that customers are not affected."

The administrator's report on Evesham Technology issued last October reveals that the company's property was sold to Mohsin Investments Ltd.

Evesham's plant, machinery and stock were sold to TGD Limited, another Mohsan company, while the customer contracts and information were sold for just £1 each to a company called Sapphire Brands Ltd.

The press release claims that "all consumer orders were fulfilled or deposits refunded" before the company went into administration. He added that "free" support for Evesham products had now ended, leaving owners without warranties.

When asked about the position, Richard Austin explained: "Despite some initial involvement with Geemore, I left the company in January, having decided to take a break in my career as far as IT is concerned. Whilst the opportunity to acquire Geemore was certainly an interesting one, the UK consumer electronics market is exceptionally tough, as highlighted by the poor performance figures of the DSG Group over the Christmas period."

So far, Computer Shopper's attempts to contact Geemore Technology's spokesperson, Richard Singleton, have been unsuccessful.

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