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

ExclusiveThis week at The Fonecast: 3rd April 2011

Mark Bridge writes:

Welcome to this week's news summary from TheFonecast.com.

In Wednesday's podcast Iain joked that we ought to have a regular Olympics news story because everyone else was talking about the event constantly. Well, following the headlines about introducing WiFi to tube stations in time for London 2012 comes another Olympic news story.

ExclusiveThis week at The Fonecast: 26th March 2011

Mark Bridge writes:

There was big news from the United States this week as Deutsche Telekom decided to sell T-Mobile USA to AT&T. Was it a shotgun wedding or is this a carefully calculated deal designed to benefit consumers?  Time will tell – assuming, of course, the merger gets approved by the US regulator.

ExclusiveBT increases fixed-line charges as Mobile Termination Rates fall

Mark Bridge writes:

The Terminate The Rate campaign has pretty much run its course. Its aim was to get Mobile Termination Rates reduced. These are the wholesale charges paid when a mobile or fixed-line network connects a call from one of its customers to a rival. Lower MTRs would mean better deals on call charges, the campaign argued.

ExclusiveLondon Olympics mobile phone ban is nothing to be exercised about

Mark Bridge writes:

"It's political correctness gone mad, innit?"  The terms and conditions for booking tickets to the London 2012 Olympic Games include a warning that certain items are banned. Food, flasks of drink, umbrellas, musical instruments and mobile phones are all on the prohibited list.

RSS
First7778798082848586Last

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

«July 2026»
MonTueWedThuFriSatSun
293012345
6789101112
13141516171819
20212223242526
272829303112
3456789

Archive