Receivership & administration
NGS Print Finishers in administration
It has been confirmed that NGS Print Finishers is in administration, but the East London company remains tight-lipped on its situation.
NGS Print Finishers status still unclear, as boss sets up new company
Mystery still surrounds the status of NGS Print Finishers, although managing director Neil Sharp is now operating as managing director of new business NGS Finishing Solutions.
Alito Web closed as administrator fails to trade business
The administrator for Northampton printer Alito Web has said that it was unable to trade the business in administration.
Employees' rights are secure but pre-packs will continue
The Employment Appeal Tribunal (EAT) has determined that the Transfer of Undertakings (Protection of Employment) Regulations 2006 (TUPE) do apply to businesses bought out of administration. This...
TUPE revision is good news but won't stop phoenixes
The thorny issue of pre-packs has raised its head again, following last month's Employment Appeal Tribunal ruling that means staff at a company bought out of administration in a pre-pack deal are now...
R3 lauds 'holding rescue to ransom' campaign launch
Insolvency trade body R3 has said that the launch of its campaign to force suppliers to honour contracts with companies in administration has been a success.
Administrators hopeful of Character Mailing sale
The administrator for failed mailing house Character Mailing has said that it expects the business to continue.
Alito Web administration confirmed
It has been confirmed that Northampton printer Flair Press (UK), which traded as Alito Web, has gone into administration.
Directors buy DW Jones (Printers) out of administration
Imex Group subsidiary DW Jones (Printers) has been sold out of administration to a new company set up by its previous directors.
DPS Print Solutions set for liquidation after meeting of creditors called
Essex commercial printer DPS Print Solutions is set to go into liquidation next week.