Receivership & administration
RNB Group shortfall tops £2.5m
RNB Group had an estimated deficiency of more than £2.5m when it went into administration last month, with payment problems with Royal Mail contributing to the firm’s failure.
Sirane shortfall revealed
The statement of affairs for packaging converter Sirane, which went into administration in July and was subsequently bought by Coppice Alupack, has revealed that Sirane had an estimated deficiency of...
Insolvencies, departures, closures, and criminal activity – print’s toughest month
If our most-read listicle is anything to go by, then August must be in the running for print’s cruellest month in 2024 because, much like with the UK summer, sunshine was in short supply.
Data director handed maximum ban
The director of a purported data business has received a maximum possible ban after making multiple fraudulent claims for Covid-related business support.
RNB Group sold out of administration
RNB Group has been sold after calling in advisers to assist with a fast-track sale after the firm was stymied by a cash crunch.
Northwolds Richardson Group in administration
Family-run print company Northwolds Richardson Group, formed last year following the merger of North Wolds Printers and Wood Richardson, has gone into administration.
DecTek and Big Bang appoint liquidators
Pontypridd sister companies Big Bang and DecTek have simultaneously appointed joint liquidators and appear to have ceased trading.
TJ Books buys Charlesworth in pre-pack deal
TJ Books has bought Charlesworth’s business and assets from the company’s administrators in a pre-pack deal and has TUPE’d over its 60 staff.
Media boss barred
A director of a publishing and marketing business has been barred after the firm traded to the detriment of HMRC.
Gemini Print shortfall tops £6m
The statement of administrator’s proposal for commercial printer Gemini Print, which ceased trading in June, has revealed that the business had an estimated deficiency of well over £6m when it went...