E-Store shuts its doors again

IT e-tailer E-Store has closed its doors and taken its Web site offline.

The fate of the business will be decided at a meeting of creditors on Wednesday.

E-Store has been operated for the last 18 months by Gerard Farley under a deed of company arrangement with Star Dean Wilcox, insolvency experts acting on behalf of the company’s original creditors from its first collapse in 2001 under founder, Steve Spilly.

Deed administrator, Ian Purchas, said that he advised the company’s director, Gerard Farley, to temporarily cease operating to avoid the possibility of being found to be trading while insolvent.

The Web site has subsequently been taken off line and phone calls to the e-tailer are being answered by a voice message asking customers to either cancel their orders or contact their financial institution to void transactions with the company.

Purchas said his view was that the company was likely to be placed in liquidation.

He said a number of parties had discussed buying the e-tailer, but all withdrew their offers once the business’ status had been explained in detail.

ARN understands that one of the most recent bidders for the business was Perth-based e-tailer, BuyQuick.com.au.

Director of BuyQuick, Andreas Adamides, confirmed his company ceased fulfilling orders for e-Store on March 28 and had withdrawn from any negotiations to buy the company.

If asked by e-Store’s creditors to liquidate the company, Purchas said he would still look at putting the business on the market.

“Hopefully new parties will come to the table,” he said.

As well as trade creditors (IT distributors and vendors), Purchas said he has been made aware of a number of customer creditors (such as customers with unfulfilled orders).

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.
Show Comments



Sansai 6-Outlet Power Board + 4-Port USB Charging Station

Learn more >



Back To Business Guide

Click for more ›

Brand Post

Most Popular Reviews

Latest Articles


PCW Evaluation Team

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?