Thrifty businesses pick up equipment at bargain prices in liquidation auction

LEATHER reception couches, executive board room tables, office desks and fax machines are among the items start-up businesses are scooping up from firms in liquidation.

Auction Xchange said that a tax consultancy company, creche, hotel and language school are just some of the businesses that benefited from the latest office furniture and equipment auction that took place in Sandyford, Dublin.

They said 55% of the office furniture and 90% of the technology for sale at auction comes from previously cash rich companies, who have gone into receivership or liquidation, with the remainder being clearance stock from medium and large sized companies, looking for a return on high quality disposal stock.