Receivership & administration

Director disqualified after taking Covid support loan
The owner of a fulfilment firm has been banned from acting as a director for seven years after taking out a Bounce Back Loan despite knowing his business was already insolvent.

Trade creditors owed circa-£1m by Office Depot UK
Part of the Office Depot business that was not purchased by Paragon subsidiary OT Group earlier this year is poised to go into liquidation with trade creditors to the company owed circa-£1m.

Long-standing family firm latest to fall victim to pandemic
A long-standing Yorkshire-based large-format printing business has gone into administration, with its assets subsequently sold to a fellow Yorkshire print company.

More buys for PFI
Acquisitive PFI Group has acquired Cestrian Imaging as part of its ongoing expansion drive.

Firm fined after health and safety breach
A paper recycling company has been fined £75,000 after a worker sustained multiple injuries after falling through a moving conveyor.

Callprint admin enters fourth year
The administration of Callprint has entered its fourth year as administrators work to resolve still-outstanding claims around transactions that took place prior to its administration.

Contract news, bad behaviour, M&As and robots feature in August’s list of hot headlines
While for the second month in a row YM Group, albeit indirectly this time, topped our most read listicle, M&A was clearly the overarching theme – despite a dodgy director and a dangerous die-cutter...

Four year ban for print boss
The founder of a small printing business has been disqualified after failing to register a payroll scheme or make the necessary payments to HMRC.

Datum restructures
A restructure at Hertfordshire-based Datum has seen a new company emerge, while Datum Colour Print (Hatfield) has gone into voluntary liquidation.

Accounts, admins and alleged abuse among July’s must reads
YM Group’s delayed and subsequently filed accounts, an extension to the administration of the Howard Hunt group of companies, and a ‘gangmaster’ scandal involving the alleged exploitation and abuse of...