Alito set to appoint administrators

Argall Solutions, which trades as Alito Color Group, filed a notice of intent to appoint administrators yesterday.

The move comes after Agfa-owned consumables firm Litho Supplies lodged a winding-up petition with the High Court Index against the firm on 31 January.

PrintWeek understands that representatives from KRE Corporate Recovery are in discussions with management at Alito.

The current situation at the London-based printer is unclear as neither the administrators nor Alito managing director David Collins have responded to attempts by PrintWeek to contact them.

If the firm does go into administration it would mark the second time in two years that the Lee Valley printer has called in administrators. It previously collapsed in February 2011 along with its Northampton-based partner Flair Press (UK), which had traded as Alito Web.

UHY Hacker Young continued to trade Alito Color while it looked for a buyer and a month later it was bought by Collins, the then managing director, who began trading as Argall Solutions.

Alito Web was unable to continue trading and as such the company closed with the loss of 80 jobs.

More to follow.