BusinessBusiness RecoveryPolaroid UK enters administration

Polaroid UK enters administration

Zolfo Cooper pulls down the shutters on Polaroid UK

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.

Further reading:

Company running British motor racing team enters
administration

Read our profile interview with
Alastair Beveridge and Andrew Pepper

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