The UK branch of Polaroid has entered into administration.
Partners from Zolfo Cooper were appointed at the Hertfordshire-based company
that acted as a small-scale distributor of digital imaging and electronics
products under license from Polaroid Corporation.
Customers are being serviced by Polaroid Europe, a separate trading entity
not in administration.
‘Customers of the business in the UK continue to be serviced by Polaroid
Europe, a separate trading entity, which is operating as normal and is not in
administration, therefore, Polaroid business, sales and services will continue
as normal,’ said a statement from Polaroid Europe.
Polaroid UK has ceased all trading activities, and administrators are working
to realize the company’s assets and effect a distribution to creditors.
The administrators are Alastair Beveridge, Neil Cooper and Stuart Mackellar.
Polaroid was incorporated in the UK in 1962.
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