3/4/2010 10:12:00 AM
£1m debts as Link Telecom collapses
Three networks have cut ties with Bradford based dealer
Link Telecom after part of the company went into voluntary
liquidation, owing its creditors in excess of £1m.
Link Telecom entered into voluntary liquidation at the end of
January, but several of its subsidiaries are still trading under
the name Link Telecom.
Mobile revealed in January that the company was connected to a
series of cashback deals with schools in the Bradford area,
predominantly on the O2 network.
The dealer, which has been trading since 1993, appointed
liquidators and called a meeting of creditors at the end of
In a document from that meeting, seen by Mobile, it emerged that
Link Telecom owed amounts ranging from several pounds, to a claim
lodged by O2 for more than £700,000.
The list of creditors includes: Orange, T-Mobile, O2, Vodafone,
Avenir Telecom, Fone Logistics, Brightpoint (UK), Data Select,
Genuine Solutions and HMRC.
O2, T-Mobile and 3 said they are no longer dealing with the
company, while Vodafone and Orange did not comment at the time
Mobile went to press.
The collapse of the cashback deals has led to several
authorities, including Bradford LEA and the Department for
Children, Schools and Families, being made aware of the
However, no official regulator or authority is investigating,
despite up to 15 schools in the area claiming that they are
collectively owed £700,000.
The trading assets and brand of Link Telecom were bought by
Darren Ridge and Robert Sanders, several months ago. They also
own the company Parkacre Management Ltd, which is now trading
under the name Link Telecom.
Link Telecom directors Robert Hutchings, Richard Bitten, Gary
Jeal, Matthew Wright and Kevin Jeal have all resigned in recent
Wright has since taken on the role of general manager of b2b at
Shebang, Mobile understands.
Gary Fawcett, who was an original director and is working at the
reformed Link Telecom, said: We have had some trials and
tribulations, but going forward, this company will be profitable