Receivership & administration

Cash proves to be king in February’s headlines
The demise of Leicester print group Taylor Bloxham was the most read story in 2020 after the historic firm ran out of cash, while cash, albeit in terms of illicit payments, also took centre stage in...

Historic printer folds, industry firms in pre-pack and CVA
A wave of company insolvencies has spelled the end for a historic Staffordshire print business with a history dating back almost 120 years.

Westdale Press calls in administrators
Westdale Press has gone into administration after being fatally wounded by the double-whammy of Brexit and the Covid-19 pandemic.

Callprint administration is extended again
The administration process for Call Print Group Ltd and Call Print Services Ltd has been extended again as the administrators continue to investigate events leading up to the group’s failure in 2018.

Industry bodies warn on carnage in print
Chancellor Rishi Sunak has been warned that thousands of print businesses could go bust if the government doesn’t bring in targeted relief for the industry.

Extraordinary measures for extraordinary events
Coronavirus is an extraordinary event. While some sectors have done well in the downturn – video conferencing, online retail and groceries to name but a few – print, in some sectors at least, has had...

Fourth rogue emergency services publisher shut down
A fourth publishing company that misled clients into believing they were advertising in magazines supporting the emergency services has been wound up by the court.

Former Latimer staff win consultation payout
Close to 50 former employees of Latimer Trend & Company, which collapsed just under a year ago, have won their ‘failure to consult’ compensation claims and their lawyer has warned directors to ensure...

Disqualified packaging duo hit with confiscation orders
Two disqualified directors have been ordered to pay more than £80,000 in a confiscation order, or face imprisonment.

SPOT suppliers owed millions at time of admin
Spicers Office Team (SPOT) owed paper and envelope suppliers almost £3m when it went into administration last month, with one paper manufacturer alone owed just under £1.86m.