Please visit http://www.companyrescue.co.uk/ for confidential help and insolvency advice or email keiths@ksagroup.co.uk

Friday, 23 November 2012

DRL in line to buy Comet's online business

It was only a few weeks before the collapse of Comet that I was admiring the website www.appliancesonline.co.uk which is run by Bolton-based DRL limited.  Their website was cited at an online content marketing conference on how to do it!  It is not surprising then that their turnover has increased from £50m to £150m in the space of just 4 years to 2011.

Funnily enough they have now emerged as the front runner in buying Comet's online operations for a "seven figure sum"

John Roberts, who set up Appliances Online in 2000 said he would hope to run the Comet brand online, but said a deal would depend on whether he could rescue the brand before too much damage was done through the administration process.

 Administrator Deloitte is also understood to have received a bid for 140 of the 195 Comet stores, which could save more than 2,000 jobs, according to a report in The Sun newspaper.


No comments :

Post a Comment

Many thanks for your comments. If you have a private business problem and you want advice give us a call on 0800 9700 539 or email me at keiths@companyrescue.co.uk. If you are a professional advisor with a troubled client, please suggest they visit www.companyrescue.co.uk or contact me as above.

Web Analytics