Receivership & administration
Top 500 report finds industry structural change is accelerating
PrintWeek's annual Top 500 report has revealed that the structural change of the UK print industry has not only begun, but is well advanced and being rapidly accelerated by the trying economic...
OFT to launch enquiry into insolvency practitioners' fees
The Office of Fair Trading (OFT) is to launch a market study into corporate insolvency amid criticism of the high fees charged by insolvency practitioners administering over a corporate bankruptcy.
35 jobs lost as Printers Coast falls to administrators
Printers Coast in Newcastle has gone into administration with the loss of 35 jobs.
16 staff axed as Rhodes Printing appoints administrators
Tenon Recovery's Jeremy Woodside and Chris Ratten have been appointed joint liquidators to Rhodes Printing following a meeting of creditors yesterday (20 October).
Spirit Print Solutions to be placed into liquidation
Spirit Print Solutions is expected to be placed into liquidation next week following the appointment of Marriotts to the company.
SPS Rehmus undergoes management buy-out
Insolvent European screen press manufacturer SPS Rehmus has undergone a management buy-out with the creation of new company, SPS TechnoScreen.
Company administrations 2009
Below is an abridged non-exhaustive list of print and finishing companies that have gone into administration or have been liquidated this year.
Paterson Printing and BDL Print Group sales end without buyer
Attempts to sell Paterson Printing and its print management arm BDL Print Group have failed and both companies have now ceased trading.
True Colours former employees hit back at closure claims
Staff at True Colours and Fleet Litho have hit back at accusations that their rejection of a pay cut led to the administrators being called in.
Nipson SAS comes out of administration
Nipson SAS, the digital equipment manufacturer's main operating subsidiary, has come out of Redressment Judiciare, the French equivalent of administration.