Online store 247 Electrical ceases tradingVoluntary liquidation for 247 Electrical
02 December 2008
Online electrical store 247 Electrical has gone into voluntary liquidation.
Trading ceased at 247 Electrical on 28 November, suggesting that online shops are not immune to the credit crunch.
Consumers wishing to seek refunds from any incomplete orders should contact their credit card company.
Collapse of 247 Electrical
Trade ceased at 247 Electrical following the collapse of one of its major suppliers, electrical wholesaler Bridisco. Bridisco appointed Ernst & Young as administrators on 21 November.
A statement on the website of 247 Electrical said it was now closed for trading.
It said: 'The company made extensive efforts to secure alternative supply and credit facilities to enable trading to continue, but in the current climate this has proved unsuccessful.'
For alternative online shops for your electrical goods this Christmas, check out the .
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