Receivership & administration
Mardan Products creditors owed more than £1.5m
Companies within the PFI Group were owed nearly £240,000 by shuttered Mardan Products, according to documents just filed, with creditors owed more than £1.5m in total.
BCQ sale details revealed
A probe by HSBC Invoice Finance precipitated events at BCQ Group that resulted in its pre-pack sale to Pollards in a £3m deal.
Signage boss barred over Covid loans
The director of a signage business has been banned for misuse of taxpayer-backed Covid loan support.
City A.M. sale details revealed
Health and beauty group THG paid £1.5m for City A.M. in last month’s pre-pack sale, and also had to pick up its July wages bill as the newspaper came close to running out of cash.
Image 2 Output to be liquidated
Image 2 Output has been ordered to wind up its affairs, and will shortly undergo liquidation.
Bankrupt Dutch printer’s kit up for auction
A raft of “barely used” kit belonging to a bankrupt Dutch printer is currently up for auction.
Ripping Image ceases trading and enters liquidation
A Middlesex-based printer whose business was severely hit by the pandemic has ceased trading.
Fisherprint liquidation confirmed
A public notice on The Gazette has confirmed that Fisherprint is in liquidation, weeks after local news reports said the business had ceased trading.
Pollards steps in with deal to buy BCQ
BCQ Group has been acquired by one of the oldest printing companies in the UK.
PFI subsidiary shuttered
PFI Group subsidiary Mardan Products has ceased trading as the acquisitive group restructures into three divisions.