Receivership & administration

How is business confidence faring in the devolved nations?
According to research from accountancy firm UHY Hacker Young, entrepreneurs are four times more likely to start a business in London than in the Vale of Glamorgan.

Coveris buys assets from collapsed Gelpack
International packaging giant Coveris has bought kit, including two Hosokawa Alpine co-extrusion lines, from Gelpack Industrial after the flexible packaging manufacturer fell into administration...

Proof positive of print’s innovation
Following our usual summer hiatus in print and this issue’s resulting catch-up on the industry’s comings and goings, you could be forgiven for thinking that the past few weeks have been pretty painful...

Gelpack companies enter administration
Flexible packaging manufacturers Gelpack Excelsior and Gelpack Industrial have fallen into administration, resulting in 175 redundancies.

Cardiff Printing Company 'closes doors'
Cardiff Printing Company (CPC) appears to have closed.

Ortek closes doors
Midlands-based printer Ortek has closed its doors.

VR Print steps in at stricken NXP
Kent-based VR Print has taken on the assets and goodwill of NXP Europe, which went into administration last week.

KJB launches wide-format division after buy
KJB Print UK has launched a new wide-format division, Creative Digital Printing Solutions (CDPS), after purchasing the assets and trading name of Creative Digital Printing, which went into...

Paperlinx liquidators settle Protective Award claim
Former employees of Paperlinx will now not have their day in court after liquidators from Deloitte made an eleventh-hour offer to settle the Protective Award claim.

Another new identity for Houseprint
The company formerly known as Houseprint appears to be still active and continuing to fail to fulfil orders for clients, as it takes on yet another trading name.