The company has informed its 20 staff of the closure and will
fulfil all of its agreements with customers and creditors with its
remaining funds. The office will finally close at the end of
September.
Since announcing last month that it was winding down its
business, Clickmango received a number of approaches from potential
investors and purchasers, including one of the four leading
supermarket chains. However, it was unable to agree a deal and in
order to honour all agreements, company founders Robert Norton and
Toby Rowland, son of the late Tiny Rowland, have decided to close
the business on 11th September.
Robert Norton said yesterday:
"We have had a number of offers since we
made the announcement last month and we have spoken to all of those
who have shown interest in acquiring or investing in the
business."
"However, time is the biggest issue. Rather
than risk insolvency, we must now close the business to meet our
contractual obligations to our creditors and to our staff. We have
had a great deal of support over recent months and it is extremely
important that we honour our agreements."
Clickmango.com will cease taking orders on 11th September and
will take down the site on 12th September. After this date visitors
to Clickmango.com will see a holding page.
Clickmango.com has given staff 30 days notice. Most of the team
will leave the business on 8th September, however a skeleton staff
will remain until the end of September.
