PARS Technology has gone into administration but the boss of the beleaguered firm is seeking investors to buy it back.
The Milton Keynes-based system builder had been weighing up its options after running into financial difficulties but insisted administration was the one choice it would not opt for.
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Administrators of PARS Technology reckon an unpaid VAT claim against HMRC for nearly £2.5m and a weak trading environment caused its recent collapse.
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Dell staffers arrested following botched PR stunt
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NetApp array shortages predicted to continue
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