Receivership & administration

The collapse of CB Printforce UK has left a shortfall of more than £4.5m with continental firms among the largest creditors.

As peak season draws to a close for many of you, and you start to reflect on 2024, it’s safe to say it’s been another eventful year for the industry.

The remaining kit belonging to a plastic bottle recycling company in administration that had assets with a value of £1.3m stolen last month has gone up for auction.

While insolvency stories and the sad passing of an industry stalwart feature, so do M&A opportunities, strategic shifts and one humongous heist.

Insolvency practitioners have now been formally appointed at Welsh print firm Lexon.

Rymack Sign Solutions is being wound up by the Official Receiver, following a court order to that effect.

Administrators at Spirit Label Solutions, the Glasgow whisky label specialist, have revealed that the company owed more than £4m to creditors when it entered administration on 8 November.

New government data has found that, after seasonal adjustment, the number of registered company insolvencies in England and Wales fell by 10% in October 2024 compared to the previous month, although...

Glasgow whisky and spirit labelling specialist Spirit Label Solutions has been bought out of administration by Spirit Labels, a new company founded by local businessman Craig Hyslop.

Directors at Welsh print firm Lexon have made the drastic decision to close immediately after its trading position became “untenable”.