Receivership & administration

Cash proves to be king in February’s headlines

The demise of Leicester print group Taylor Bloxham was the most read story in 2020 after the historic firm ran out of cash, while cash, albeit in terms of illicit payments, also took centre stage in...

Wood Mitchell operated from twin buildings on the site of the Stoke-on-Trent National Garden Festival

Historic printer folds, industry firms in pre-pack and CVA

A wave of company insolvencies has spelled the end for a historic Staffordshire print business with a history dating back almost 120 years.

Westdale's Cardiff factory. Image: Google Maps

Westdale Press calls in administrators

Westdale Press has gone into administration after being fatally wounded by the double-whammy of Brexit and the Covid-19 pandemic.

Callprint: administration process set to enter third year

Callprint administration is extended again

The administration process for Call Print Group Ltd and Call Print Services Ltd has been extended again as the administrators continue to investigate events leading up to the group’s failure in 2018.

Sunak with a printed copy of his Winter Economy Plan

Industry bodies warn on carnage in print

Chancellor Rishi Sunak has been warned that thousands of print businesses could go bust if the government doesn’t bring in targeted relief for the industry.

Extraordinary measures for extraordinary events

Coronavirus is an extraordinary event. While some sectors have done well in the downturn – video conferencing, online retail and groceries to name but a few – print, in some sectors at least, has had...

Investigators discovered the company had made false and misleading statements

Fourth rogue emergency services publisher shut down

A fourth publishing company that misled clients into believing they were advertising in magazines supporting the emergency services has been wound up by the court.

Latimer Trend: the 130-year-old firm hit the buffers last year

Former Latimer staff win consultation payout

Close to 50 former employees of Latimer Trend & Company, which collapsed just under a year ago, have won their ‘failure to consult’ compensation claims and their lawyer has warned directors to ensure...

Insolvency Service took action against Bottjer and Hearn

Disqualified packaging duo hit with confiscation orders

Two disqualified directors have been ordered to pay more than £80,000 in a confiscation order, or face imprisonment.

SPOT included Spicers and OfficeTeam, with some suppliers owed money by both

SPOT suppliers owed millions at time of admin

Spicers Office Team (SPOT) owed paper and envelope suppliers almost £3m when it went into administration last month, with one paper manufacturer alone owed just under £1.86m.