Receivership & administration

Responding to Andrew Pindar's comments in the FT, Barry Hibbert discounted the notion that Polestar was in any way responsible for undermining the sector, putting the blame for Pindar's troubles at...

Former Pindar chairman Andrew Pindar has claimed that trading practices at rival Polestar were partly to blame for the demise of the family-owned group, which owed trade creditors some 6.5m when it...

Finishing specialist Reflections Print Lamination has turned to a Company Voluntary Arrangement (CVA) after being hit with 250,000 of bad debt this year.

Pindar PLC owed trade creditors some 6.5m when it went into administration in July.

Print management outfit Principal Color is set for liquidation at the end of this month.

Maurice Payne Colourprint (MPC) went into administration owing 1.4m, according to the administrator's report.

Pindar's Agility software business has been sold out of administration to an MBO team.

Rivers (Midlands), which trades as PLC Labels has gone into administration citing a period of tough trading as the reason for the company's collapse.

Webtech, the Irish company that owns packaging printer James Townsend & Sons, is to close the Exeter-based business, according to Unite.

The assets, goodwill and stock of commercial printer Smith Print Design (SPD) are to be sold to a connected company, according to the creditors' report.