Receivership & administration

Company owner handed 11-year ban

The owner of a small signage business has received a lengthy ban for breaching the conditions of the Bounce Back Loan scheme.

Investigators discovered the company had made false and misleading statements

Third family member barred over BBL

A third member of a family-controlled publishing business has received a lengthy ban for providing false information in order to receive a Bounce Back Loan.

Nelson: Aim is to preserve the business and employees' jobs, while maximising creditors' returns

Surepak enters administration; looks for buyers

Nottinghamshire packaging firm Surepak has entered administration after growing overheads – including a 425% hike in its electricity bill – cut into its cashflow.

Greenshires Group files NOI

The future for Greenshires Group is unclear after the business filed a Notice of Intention to Appoint Administrators.

Raft of McMurray firms flagged for overdue filings

A dozen ‘active’ businesses where PFI Group CEO Darren McMurray is listed as a director are now flagged as having overdue filings at Companies House.

Yodel has struggled outside of the pandemic boom

Barclay family accelerate Yodel sale to avoid administration

The Barclay family, owners of The Daily Telegraph, have accelerated efforts to sell Yodel, according to reports.

Smogur: It's a time of consolidation for the industry

Severn Print closes just months after purchase

Severn Print has entered liquidation just four months after being purchased by the Handel Group, after a key client pulled its £1.5m contract.

Furlough claims result in ban for sign firm boss

The director of a sign and graphics business has been disqualified for abuse of the Coronavirus Job Retention Scheme (CJRS).

Print’s toughest month lives up to its reputation

In a grey and stormy month packed with insolvencies and job cuts, the solitary sliver of sunshine in January’s listicle came courtesy of the unveiling of the Printweek Awards shortlist.

Principal Mailing was previously known as Mainstream Direct. Image: Google Maps

Principal Mailing ceases trading

Print and direct mail specialist Principal Mailing Solutions ceased trading in December and business advisory firm FRP Advisory is expected to be appointed shortly to oversee insolvency proceedings.