Receivership & administration

Print On Solutions has phoenixed into Wepos, trading as Print On, leaving creditors owed £1.4m.

The rapid failure of Polestar following its pre-pack sale could mean the BPIF reviews its involvement with the Pre Pack Pool.

Administrators from PricewaterhouseCoopers have made an unspecified number of redundancies at Polestar plants, while potential buyers have been seen on-site scoping out the stricken group’s factories.

Administrators at PricewaterhouseCoopers have confirmed that 183 redundancies have been made at Polestar.

Both Wyndeham owner Walstead Group and Prinovis have confirmed their potential interest in parts of stricken print group Polestar.

Former Tullis Russell Papermakers staff have each been awarded the equivalent of eight weeks' pay by an employment tribunal – £1.5m in total.

Sometimes people say clever things, but only with the benefit of hindsight.

Unsecured creditors of Paperlinx will receive some sort of payout according to the latest report from administrators at Deloitte.

Atlas Machinery, the supplier of used bookbinding and finishing kit, has closed for good and called in administrators.