Bad debt

Folio pre-packed on 5 April. Image: Google Maps

Folio pre-packs after double customer collapse

Folio Print Finishing has been sold in a pre-pack deal to a second company owned by its directors, David Robshaw and Andrew Bird, after two major customers entered insolvency.

Liquidation can send you down the drain

The failure of Carillion, the UK’s second largest construction business, followed the loss of vast sums of money on big contracts and debts totalling more than £1.5bn, including a huge pension...