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On 10 April 2024, its business rescue practitioner announced that there are no reasonable prospects of saving the business and that an application for a liquidation order will be made to the court. The business rescue practitioner later clarified that the company's main operating subsidiary, Ellies
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The company was a distributor of TV aerials and installation equipment, as well as a manufacturer of industrial audio electronic and electrical equipment under the 'Ellies' brands and satellite and associated equipment under the 'ElSat' brand. Through
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At the end of
January 2024, the more than four-decade-old electronics group said it intended to enter business rescue amid the collapse of a crucial acquisition.
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of the topic and provide significant coverage of it beyond a mere trivial mention. If notability cannot be shown, the article is likely to be
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Electronics, will continue to trade, as was on track to publish a proposed business rescue plan by 10 May 2024.
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notability guidelines for companies and organizations
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392:"Electronics group Ellies headed for liquidation"
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