UK computer superstore chain Kaytech Plc is in receivership and is likely to be liquidated following a creditors’ meeting on August 20. The Bromley, Kent-based firm set up last year by Czechoslovakian Tomas Kaczer, has stores in Bromley, Manchester, Southampton and Birmingham and on the top floor of the D H Evans department store on London’s Oxford Street. One of its suppliers, Dell Computer Corp, issued a winding-up order against it two months ago, and a number of other suppliers have either reclaimed their stock or await payment. Only six weeks ago Kaczer was talking about floating Kaytech on the Stock Exchange, and more recently French retailer Pentasonic Energy SA was touted as a potential buyer. Neither seems likely to happen.
