Receivership & administration

Poole-based James Byrne Printing has closed its doors due to tough trading and an ill-fated factory move, with its 14-strong workforce made redundant.

Sad news from Essex, with what looks like the imminent demise of the UK’s largest single-site commercial sheetfed printer, Anton Group.

The first annual review by the Pre-Pack Pool shows that the vast majority of connected party pre-packs are not being referred to it for an opinion, resulting in the BPIF to call for an ‘action plan’...

Anton Group administrator Deloitte has said it still hopes to find a buyer for the stricken printer.

The current trading status of Anton Group is unclear, with a number of sources reporting that the business effectively ceased trading yesterday.

Anton Group has been placed in administration with more than 100 of its 300–plus workforce made redundant.

Unsecured creditors of Headley Brothers are owed more than £4m and are unlikely to receive any form of payout.

Garnett Dickinson Print has left an estimated shortfall of £29m, including a £25m pension deficit and £4.1m owed to trade creditors.

January is always one of the toughest months for print, and this year seems to have been no exception.

The print industry, like many others with room for consolidation, has a bustling M&A market, which in an ideal world would be characterised by honest, straightforward transactions where jobs are saved...