Receivership & administration
PremCom shortfall revealed
Premier Communications (Peterborough) hit the buffers after losing a big customer and being unable to pass on higher costs to other clients, prior to its pre-pack sale for a five-figure sum to an...
Limavady Printing Company closes down
Northern Irish printer Limavady Printing Company has gone into administration and closed its doors.
Feldmuehle insolvent, hopes to restructure again
Another German paper manufacturer has hit the buffers, with Feldmuehle forced to restructure for the third time.
“If I wasn’t so f*cking angry, I’d laugh”: Boundless delays author payments
Boundless, the post-pre-pack reincarnation of crowd-funded publisher Unbound, will delay paying owed royalties to authors until it is “cash stable”, according to The Bookseller.
New owner for national institution dominates May's most read
For the second time in a row, historic changes at Royal Mail topped the month's most read which also featured the usual mix of insolvency tales and high profile news, and this month the sad passing of...
Reflections leaves seven-figure shortfall
Reflections Print Finishers had a total estimated deficiency of more than £3m when it collapsed, according to the latest report related to its liquidation.
Reflections to be liquidated
The hiatus at Reflections Print Finishers appears to be reaching a conclusion, with directors Luke and Paul Hastings taking steps to put the business into creditors’ voluntary liquidation.
Peterborough printco sold in pre-pack
Premier Communications (Peterborough) has been sold in a pre-pack sale to a new company after hitting the buffers last month.
UK mill is Boardlink's biggest trade creditor
Unsecured creditors of Boardlink were owed more than £1.5m, with the firm’s biggest substrate supplier also its largest trade creditor.
'Serious group' interested in Highcon, new deadline set
The sale process at Highcon Systems has now been extended by several weeks.