Receivership & administration

Cambridge-based commercial printer Labute has fallen into administration following increased financial pressure, resulting in the loss of 18 jobs.

Failed print and mailing business entrepreneur Kevin Dunstall has been made bankrupt.

Enfield-based The Magazine Printing Company (MPC) has been sold in a pre-pack administration to former owner Anthony Stokes.

Darlington-based Sense Creative has ceased production and looks set to close having filed a notice of intention to appoint administrators.

Unite has reacted angrily after administrators moved in to Aylesford Newsprint yesterday and immediately closed the mill and made 233 staff redundant.

Aylesford Newsprint is poised to be placed into administration, putting 300 jobs at risk and potentially halving the UK’s newsprint capacity.

Timsons has left an estimated shortfall of almost £4m, with trade creditors and employees owed £1.7m of the total sum.

UK press manufacturer Timsons has been placed into creditors’ voluntary liquidation, resulting in the loss of 25 jobs, after the firm was unable to attract orders for its digital presses.

Commercial printer Williams Press (Berks) has fallen into administration, resulting in the loss of 62 jobs.

All the business news, from acquisitions to liquidations, investments to divestments, from a year in the industry.