BusinessBusiness RecoveryMilitary supplier wound-up

Military supplier wound-up

A large supplier of robust computing products, which is involved in the implementation of the UK armed forces new communication system, has gone into liquidation.

Blazepoint Group Plc, an AIM-listed group, appointed insolvency practitioners Hacker Young & Partners to oversee the winding-up process.

The principal trading subsidiary of the group, Blazepoint Ltd, has been sold to a former shareholder as a going concern in the hope that between 30 and 40 manufacturing jobs will be saved.

The company recently won a multi-million pound contract to supply ruggedised laser printers to the UK military as part of the Bowman project to overhaul communication systems. The contract will stay with Blazepoint Ltd. Bowman is expected to go into service in March next year.

Related Articles

Carillion CFO blew whistle over 'sloppy accounting' months before collapse

Business Recovery Carillion CFO blew whistle over 'sloppy accounting' months before collapse

3m Alia Shoaib, Reporter
Toys R Us UK and Maplin enter into administration after failing to secure buyers

Business Recovery Toys R Us UK and Maplin enter into administration after failing to secure buyers

3m Alia Shoaib, Reporter
How to avoid a Carillion collapse

Business Recovery How to avoid a Carillion collapse

4m Russell-Cooke
Carillion collapse: The week so far and industry reaction

Business Recovery Carillion collapse: The week so far and industry reaction

4m Emma Smith, Managing Editor
Kingston Smith & Partners appointed trustees in bankruptcy of ex-Newcastle United footballer

Business Recovery Kingston Smith & Partners appointed trustees in bankruptcy of ex-Newcastle United footballer

4m Emma Smith, Managing Editor
Carillion: PwC appointed as special managers – what happens now?

Business Recovery Carillion: PwC appointed as special managers – what happens now?

4m Emma Smith, Managing Editor
Investment firm acquires Avon Steel Company Limited

Business Recovery Investment firm acquires Avon Steel Company Limited

5m Emma Smith, Managing Editor
Manchester law firm enters into administration

Business Recovery Manchester law firm enters into administration

5m Emma Smith, Managing Editor