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tdgeek:

amiga500: Yes, that is what I was trying to say!    They would not want every shelf to look as bare as their hard drives area, where all the portable hard drives have been sold and only a few of the large desktop expansion drives are left.

Fair enough.

No doubt some suppliers were supplying on COD. If DSE has poor cashflow, COD kills it even further. I'd suggest that the banks are helping now out with underwriting creditors
which in many ways allows creditors to feel more comfortable, now that the recievers are in, that line in the Balance Sheet sand has been drawn, and a creditor can
probably have a bank guarantee of payment, outside of the receivership date last week. I.e. not be added to the list of unsecured creditors. While this goes on, costs are being slashed and strategies being made to strengthen sale as a going concern.

The receivers are first to be paid (top of the priority list). This includes any expenses that the receiver incurs in keeping the business running. Any new credit provided by creditors fall under this so they are first in line to be paid along with the receiver. Credit provided prior to the company going into receivership is not included.

This of course assumes that there will be enough at the end of the day to cover the receivers costs.