ADMINISTRATORS of Granville Technology say they have received some 300 inquiries about buying chunks of the collapsed computer company, which makes the Time and Tiny brands.

Last week the firm, which owes more than £30 million, went into administration with the loss of 1,500 jobs. The Computer Shop store on the Greenbridge Retail Park closed down.

A spokesman for administrators Grant Thornton confirmed a report claiming that the leases on the group's properties, including the 80 branches of The Computer Shop, had attracted most interest.

However, some parties had also expressed interest in the company's remaining stock of computers and components and in its list of customers to whom it supplies after-sales service.

More than two million households, schools and businesses use Time and Tiny computers and rely on the service for technical assistance.

The administrators are still employing about 100 of the company's original 1,600 staff to man its call centre in Burnley.

Grant Thornton has ruled out a rescue of the company, which has been reeling from falling prices, softer consumer demand and strong competition. The majority of the 600 staff at the company's head office in Burnley, plus workers at 80 stores trading as The Computer Shop, have received redundancy notices.

Granville was formally known as Time Group and three years ago acquired Tiny Computers out of administration.