Receivership & administration
Revealed: massive shortfall at Futurama
Futurama would have needed a cash injection of £3m to keep going, and its collapse into administration has resulted in a total estimated shortfall of more than £6m.
RAP Spiderweb causes of administration revealed
Documents filed at Companies House relating to Oldham-based commercial printer RAP Spiderweb have revealed that the company had an estimated deficiency of around £1.5m when it went into administration...
Warwick Printing Co now insolvent
Expectations that Warwick Printing Company would be able to pay all its creditors in full have been dashed – and the business is now moving into an insolvent liquidation process with a likely...
Directors banned over BBL
Two directors of a publishing company have been disqualified for abusing taxpayer-backed Covid business loan support.
Small businesses suffer interest-rate insolvencies
The number of insolvencies in the UK rose rapidly in May 2023 after a brief dip in April, with small businesses particularly badly affected.
Unite wins payout for former YM workers
Unite has been successful in its Protective Award claim against YM’s web businesses, with hundreds of employees – including non-union members – set to receive payments as a result.
London printco hits the buffers
A meeting of creditors has been called for a multi-service London-based printing business, which looks set to go into liquidation.
Royal Mail tops most read again in May
It’s a hat-trick at the top of our monthly most read articles list as the latest update in the ongoing saga between Royal Mail and the CWU attracted the most clicks in May, ahead of a series of...
Manchester Printers assets sold
The assets of Manchester Printers have been acquired by an East Midlands-based group.
Director disqualified over false invoices
The boss of a design and printing company has received a hefty ban for submitting falsified VAT returns.