Categories
Close
Menu
Menu
Close
Search
Search

Featured Articles

News

Mobile phone recycling business Cash4phones has filed for insolvency

Mark

Share:

Print

Rate article:

No rating
Rate this article:
No rating

UK mobile phone recycling business Cash4phones has filed for insolvency, according to a report by The Guardian. The company website is currently offline.

Around a thousand people are thought to be out of pocket, having apparently sent their old phones to the company but not received payment. Capital Books, which has been appointed to liquidate the company, is reported as saying it’s been handed 750 mobile phones.

Cash4phones was investigated by the BBC’s Watchdog programme last year after a number of customers complained that the company wasn’t honouring its quoted prices when it received a second-hand phone. An iPhone checked by mobile phone specialists and then submitted by the programme was initially said to be worth £105.52 but was only valued at £42.20 when received. When approached by the BBC, Cash4phones said a trainee had marked the handset as having ‘excessive wear and tear’.

[Insolvency details from London Gazette]

Image

Comments

Collapse Expand Comments (1)
Robert William

The company have to pay the amount that they declared to pay their customer, if their financial situations is very poor they can apply for insolvency and contact an experience insolvency company like Insolvency Guardian to overcome this condition.

1
0
You don't have permission to post comments.

Opinion Articles

ExclusiveCarnival of the Mobilists #256

Mark Bridge writes:

Happy New Year and welcome to the travelling circus better known as the Carnival of the Mobilists. If you’re looking for the best mobile-related blog posts from the past couple of weeks, you’ve come to the right place. (If you’re wondering about the name of Beyonce’s baby, you need to try somewhere else).

ExclusiveDiscover our mobile phone industry predictions for 2012

Mark Bridge writes:

In today’s podcast - our last programme in 2011 - we’re doing our best to predict what’ll be happening in the mobile industry next year.

Will there be big announcements from the Wholesale Application Community?  Innovation from Intel?  Falling sales at Apple?  Reorganisations at RIM?  Listen to find out what we forecast.

ExclusiveLast week at The Fonecast: 19th December 2011

Mark Bridge writes:

“He knows if you’ve been bad or good...”

You don’t need to be Santa Claus to appreciate that RIM’s quarterly results have marked a disappointing end to a disappointing year. Yes, the company’s sold millions of BlackBerry phones - but PlayBook sales haven’t been good, its new OS is delayed and its market share appears to be falling. You could argue that 2012 is a make-or-break year for Research In Motion... or at least for its current management.

RSS
First4950515254565758Last

Recent Podcasts

ExclusivePodcast from Mobile World Congress 2015

Mark Bridge learns about the mobile technology trends at Mobile World Congress 2015 by chatting to James Rosewell of 51Degrees, Dr Kevin Curran from the IEEE and Chris Millington of Doro.

They talk about wearable devices, wireless charging, mobile operating systems and much more... including some of their favourite products from the exhibition.

ExclusiveLooking back at February: from security scares to multiple MVNOs

We're taking a look back at the biggest mobile industry news stories from February 2015, including allegations that the UK's security service tried to breach SIM card security by hacking into one of the world's biggest SIM producers.

We also talk about the planned BT and EE merger, the creation of two new UK virtual networks, some acquisitions in the mobile payment arena and a new Ubuntu smartphone.

ExclusiveA month of mobile: O2 counts on 3, Microsoft counts to 10 and Apple counts its profits

We're back with a month of mobile industry news, including takeover talks and takeover rumours. O2 and Three are said to be discussing a merger... but is there any truth in the suggestions that BlackBerry could be up for grabs?

We also discuss Apple's record-breaking quarterly figures, the highlights of CES and the launch of Microsoft Windows 10, as well as saying farewell to the current version of Google Glass.

RSS
12345678910Last

Follow thefonecast.com

Archive Calendar

«May 2026»
MonTueWedThuFriSatSun
27282930123
45678910
11121314151617
18192021222324
25262728293031
1234567

Archive