Distie goes into administration

pc-sales-slumpKMS Components  has entered administration, with Deloitte acting for the company.

The distie, which specialised in products from Asustek, Microsoft, and other big names has stopped trading, with a notification on its website saying that Deloitte names Richard Hawes and Matthew Smith are the joint administrators.

The Welsh company was operating more or less normally until yesterday.

A statement on the web site says: “Richard Michael Hawes and Matthew David Smith were appointed Joint Administrators of KMS Components Limited on 8 January 2014. The affairs, business and property of the Company are being managed by the Joint Administrators.

The Joint Administrators act as agents of the Company only and contract without personal liability.

The Joint Administrators are authorised by the Institute of Chartered Accountants in England and Wales (ICAEW). All licensed Insolvency Practitioners of Deloitte LLP are licensed in the UK.”

There’s no word about the fate of the staff.