Receivership & administration

The word of the month in September… mega
Mega mergers continue and mega contracts land, but while the good news is welcomed the industry’s trade bodies issue a joint clarion call to government to support the sector to prevent its decimation.

July duly delivers for Royal Mail and HH steps up after mega merger
The industry continues to reshape, Royal Mail heralds the Covid parcels boom, although it later discovers you can have too much of a good thing, HH Global swallows up a bigger rival and Argos consigns...

Help for heroes as print steps up in March
Unsurprisingly, just as the impact of Covid-19 was beginning to be felt in the UK, so was its effect on print and while some battened down the hatches, others, like Prime Group, stepped up to the...

January offers a taste of things to come in a momentous year
While coronavirus was still largely considered a problem in other countries back in January, in what was perhaps a sign of things to come the year started off with a glut of insolvencies and M&A...

Cash proves to be king in February’s headlines
The demise of Leicester print group Taylor Bloxham was the most read story in 2020 after the historic firm ran out of cash, while cash, albeit in terms of illicit payments, also took centre stage in...

Historic printer folds, industry firms in pre-pack and CVA
A wave of company insolvencies has spelled the end for a historic Staffordshire print business with a history dating back almost 120 years.

Westdale Press calls in administrators
Westdale Press has gone into administration after being fatally wounded by the double-whammy of Brexit and the Covid-19 pandemic.

Callprint administration is extended again
The administration process for Call Print Group Ltd and Call Print Services Ltd has been extended again as the administrators continue to investigate events leading up to the group’s failure in 2018.

Industry bodies warn on carnage in print
Chancellor Rishi Sunak has been warned that thousands of print businesses could go bust if the government doesn’t bring in targeted relief for the industry.

Extraordinary measures for extraordinary events
Coronavirus is an extraordinary event. While some sectors have done well in the downturn – video conferencing, online retail and groceries to name but a few – print, in some sectors at least, has had...