EXCLUSIVE: Has Melboune Tech Retailer Called In The Administrators?
Melbourne based technology retailer Warehouse1 is believed to have called in the administrators.
18 months ago, trade magazine CRN was touting the Company as being one of their CRN Fast 50 Companies.
ChannelNews found that the Company that at one stage had revenues of $18M is not answering their phones.
Callers to the number listed on their web site got a recorded message saying that there were “no available agents to take a call at this moment”.
A scroll through their web site reveals that several products such as BenQ projectors, monitors and HP notebooks are listed as being out of stock. This is often a sign that distributors or vendors have placed a reseller on credit hold.
Warehouse1 Pty Ltd was first registered in 2013. The Company operates from Docklands in Melbourne.
Several clients of Warehouse1 have contacted ChannelNews claiming that they have been trying to get back money they have paid for products that have not been delivered.
More to Follow.