Receivership & administration
Crystal Press business and assets sold
Reflections Print Finishers has acquired the business and assets of Crystal Press, including its trademarked Ecofoil recyclable foiling technique.
Director barred for BBL claim
The boss of a micro print business has received a lengthy ban for falsely claiming the business was entitled to the maximum Bounce Back Loan amount.
KNP Litho buys Fuller Davies out of administration
Ipswich litho and digital printer Fuller Davies has been bought out of administration by KNP Litho.
Futurama creditor moves to recover goods supplied
An SME creditor of PFI Group’s shuttered Futurama business has resorted to taking direct action against the end client – a major bank – to recover its losses.
Specialist papermaker shuttered
A historic French papermaker has become the latest European mill to be shuttered in a seismic period for the trade.
Revealed: massive shortfall at Futurama
Futurama would have needed a cash injection of £3m to keep going, and its collapse into administration has resulted in a total estimated shortfall of more than £6m.
RAP Spiderweb causes of administration revealed
Documents filed at Companies House relating to Oldham-based commercial printer RAP Spiderweb have revealed that the company had an estimated deficiency of around £1.5m when it went into administration...
Warwick Printing Co now insolvent
Expectations that Warwick Printing Company would be able to pay all its creditors in full have been dashed – and the business is now moving into an insolvent liquidation process with a likely...
Directors banned over BBL
Two directors of a publishing company have been disqualified for abusing taxpayer-backed Covid business loan support.
Small businesses suffer interest-rate insolvencies
The number of insolvencies in the UK rose rapidly in May 2023 after a brief dip in April, with small businesses particularly badly affected.