Receivership & administration

SV Two firms collapse as 2010 casualties continue to mount up

Beckenham printer SV Two Digital has gone into liquidation owing more than 1m to creditors, with 12 jobs lost.

MDA Creative closes after contract loss cuts turnover by 55%

Commercial printer and advertising specialist MDA Creative has gone into administration after losing one of its biggest contracts.

Mailcom (UK) in administration as OTM takes on some staff and assets

Mailcom (UK) has gone into administration with FRP Advisory, with Leicester-based transactional mailer Opus Trust Marketing (OTM) purchasing part of the Milton Keynes-based company's business.Mailcom...

Poetry publisher Forward Press ceases to trade with 100 staff redundant

Printer and publisher Forward Press has ceased to trade and made all of its 100 staff redundant.

Kendall Press assets sold back to directors

The assets of failed printer Kendall Press have been sold back to the company's previous directors.

Manufacturing drops down 2011 danger list, says R3

A survey carried out by insolvency service trade body R3 has indicated that print will not face as many insolvencies next year as other sectors, including construction, real estate, and hotels.

Court awards 4.25m to Tullis Russell in Inveresk case

Tullis Russell has been awarded 4.25m in compensation in its legal battle with receivership-hit Inveresk and a further 555,000 in reimbursement of costs.

R3 warns insolvencies will increase

Insolvency trade body R3 has warned that the recent downward trend in UK insolvencies cannot continue.

Receivership-hit Inveresk's St Cuthberts Paper Mill bought by existing management

Receivership-hit Inveresk's St Cuthberts Paper Mill has been bought by the existing general manager securing all 41 jobs.

Polestar begins consultation at Varnicoat with 200 jobs at risk

Up to 200 jobs are at risk at Polestar Varnicoat, after the group revealed more details about its strategy to remove excess capacity and divest itself of unprofitable work.