Website says firm is rebranding

Greenshires Group files NOI

The Greenshires factory on Barkby Road in Leicester

The future for Greenshires Group is unclear after the business filed a Notice of Intention to Appoint Administrators.

The Leicester-based business has been trading for more than 60 years and was originally established in 1963.

The NOI was filed on 12 February by John Lowe and Nathan Jones of law firm Shakespeare Martineau.

Greenshires offers a range of services spanning litho and digital printing of high-end marketing materials, point-of-sale production, and rigid box making.

The business, which traded as David Green Printers until the late 1980s, is owned by the Yell family.

Greenshire Group’s most recent financial statements filed at Companies House are abbreviated and unaudited, for the year to 31 March 2023.

The company employed 53, down from 61 the prior year.

Amounts due to creditors within one year were nearly £2.8m.

Greenshires Group had negative retained earnings of £579,543 at the balance sheet date.

A supplier to the business told Printweek: “There had been some warning signs. This will be very sad if it’s another customer gone.”

The firm’s website currently consists of just a home page that states: “These are exciting times at Greenshires. We are in the process of not only rebranding, but continually expanding the services we offer to our customers.

“A true full-service print and packaging hub encompassing litho, carton, point-of-sale and very shortly the very best in rigid box design, print and production.”

The NOI will give the business protection from any actions by creditors for 10 working days.

Printweek has approached Greenshires for comment.