Sydney Catholic school IT supplier Efficient Data Communications has gone into voluntary administration.
Administrator Andrew Cummins of BRI Ferrier was appointed on 14 April, although the company actually ceased trading prior to the administrator’s appointment, BRI Ferrier manager Alan Tang told CRN.
The move into administration came ahead of a court date scheduled for 6 May, where the Supreme Court was set to hear an application to wind up the company, lodged on 2 April by Westcon Group.
While the administration is in its early days, Tang said information submitted by the company’s director indicates $1.38 million owed to unsecured creditors and $420,000 owed to the secured creditor. The administrator will carry out further investigations into the company debt's.
A meeting of creditors is scheduled for 22 April. Creditors will vote on the future of the company at a subsequent second creditor’s meeting.
“We understand the company intends to put forward a restructuring proposal, which we will assess and report to creditors in due course,” Tang said.
Education credentials
Cisco partner Efficient Data Communications is more than a decade old. By 2009, it was providing unified communications, wireless and other technologies, with a team of 18 people.
Around 10 years ago, the company undertook a major wireless rollout for 75 schools in Sydney. The deployment for the Catholic Education Office of Parramatta was designed to reach 42,000 students.
In 2009 chief executive Andrew Lowy told CRN about a $12 million learning environment upgrade for 80 Catholic Schools.
CRN reached out to Lowy and Westcon Group, both of whom declined to comment.
The Efficient Data Communications website was not accessible at the time of publication and the phone number listed on an archived copy of the site had been disconnected.
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