Receivership & administration

PLC Labels goes into admin for the second time in 18 months
Rivers (Midlands), which trades as PLC Labels has gone into administration citing a period of tough trading as the reason for the company's collapse.

James Townsend & Sons to close as business moves to Northern Ireland, says Unite
Webtech, the Irish company that owns packaging printer James Townsend & Sons, is to close the Exeter-based business, according to Unite.

SPD administrator finds buyer in connected business
The assets, goodwill and stock of commercial printer Smith Print Design (SPD) are to be sold to a connected company, according to the creditors' report.

Pindar Preston to close after hunt for buyer fails
Pindar's Preston sheetfed site is to close after no buyer emerged for the facility.

Aldridge went into administration leaving 2m of debt
Failed printer Aldridge Print Group owed more than 2m when it went into administration in June.

MPC administration to be challenged by creditors
A group of creditors is set to challenge the appointment of administrators at Maurice Payne Colourprint.

Pindar cartography business sold to Halstan
Pindar's Aylesbury-based cartography business has been bought out of administration by Amersham-based printer Halstan Holdings in a deal that has saved 16 jobs.

First Pindar redundancies announced, 6m creditor deficit revealed
Administrators at KPMG have made 31 of the 72 employees at Pindar Preston redundant.

DCL Print acquires Orchestra Wotton assets
Business forms printer DCL Print has acquired the assets of Orchestra Wotton, which went into administration last month.

Lick Group liquidation confirmed
The liquidation of Lick Group has been confirmed, with the company's machinery up for auction this coming Monday.