Bluepoint Cambridge headed for administration
By Melanie Defries Thursday, 12 July 2012
Commercial printer Bluepoint Cambridge (BPC) has filed a notice of intent to appoint administrators while bailiffs have repossesed its Foxton site.
PrintWeek has received several calls from creditors claiming that the £6m-turnover company, which acquired fellow Cambridge printer Burlington press in April 2009, had appointed administrators Leonard Curtis and sent staff sent home.
However, according to the High Court Index, no appointment has been made as yet, but a notice of intent – a moratorium preventing any creditor from taking legal action without permission from a court – was filed on 5 July.
A spokesman for bailiffs Constant and Co confirmed that it had assisted in the repossession of BPC's Foxton site after being appointed by the building's landlord.
A new company, called Blueprint Cambridge, was registered at BPC's Foxton site on 9 July. The directors of Blueprint Cambridge are David Arnold, currently also a director of BPC, and Karin Lehman.
One creditor of BPC told PrintWeek he is owed more than £19,000.
In November BPC installed a new B2 Komori Lithrone S529 press with coater which it said was part of a £1m investment programme. At the time of writing, BPC managing director Jim Gilmour was unavailable for comment.
BPC bought Burlington Press (Cambridge) out of administration via Gilmour’s purchasing vehicle Brimflex on 6 April 2009, after which it was renamed Bluepoint.
Burlington was acquired in an MBI deal in December 2000 by Andrew Tooke, his brother Richard, and Jack Lindop.
After Burlington’s collapse the Tookes along with a Jonathan Lindop were disqualified from being directors until April 2018 under section seven of the Company Directors Disqualification Act 1986.
Andrew Tooke is now operations manager at BPC while Jack Lindop works in sales for the company.
In January 2009 Jack Lindop told the Financial Times that Burlington Press Cambridge had lost £120,000 to a phoenix company.
"The whole thing stank of fish. It was an unexpected nightmare that angered us immensely and which still hangs over us," he told the newspaper.
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