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Award-winning IT company collapses into voluntary administration – SmartCompany.com.au

Award-winning IT company collapses into voluntary administration

An IT distribution company that has operated for almost 20 years has collapsed into voluntary administration.

Altech Computers was established in 1997 and has offices and warehouses in Sydney, Melbourne, Brisbane, Adelaide, Perth, Auckland and Hong Kong.

The business featured in BRWs Fast 100 for several years between 2004 and 2006, coming in at number 100 in 2005 with turnover of more than $63 million for the 2004-05 financial year.

Altech Computers was also named Microsofts Australian distribution partner of the year in 2008.

The companys website also claims it has more than 6000 customers Australia-wide.

PPB Advisory was called in to manage the business on December 3, with Andrew Scot…

Read the full article at: http://www.smartcompany.com.au/finance/49279-award-winning-it-company-collapses-into-voluntary-administration/

Category: LiquidationBy Insolvency GuardianOctober 29, 2016

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Award-winning IT company collapses into voluntary administration – SmartCompany.com.au

An IT distribution company that has operated for almost 20 years has collapsed into voluntary administration.

Altech Computers was established in 1997 and has offices and warehouses in Sydney, Melbourne, Brisbane, Adelaide, Perth, Auckland and Hong Kong.

The business featured in BRWs Fast 100 for several years between 2004 and 2006, coming in at number 100 in 2005 with turnover of more than $63 million for the 2004-05 financial year.

Altech Computers was also named Microsofts Australian distribution partner of the year in 2008.

The companys website also claims it has more than 6000 customers Australia-wide.

PPB Advisory was called in to manage the business on December …

Read the full article at: http://www.smartcompany.com.au/finance/49279-award-winning-it-company-collapses-into-voluntary-administration.html

Category: LiquidationBy Insolvency GuardianDecember 13, 2015

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May 31, 2025
Non-Payment Of Outstanding Lease Rent Amounts To Operational Debt: Nclt Delhi
May 31, 2025
Canada's Hudson's Bay retail chain to terminate more than 8,300 workers by Sunday – Reuters
May 31, 2025
Supreme Court Issues Notice On Riju Ravindran’s Plea Against NCLAT Mandating CoC Nod For CIRP Withdrawal
May 31, 2025
Inside the final days of Hudson’s Bay
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