Receivership & administration
Ancient House in liquidation
Ipswich web and sheetfed printer Ancient House Press has entered liquidation, only a month after its owner told Printweek that the business was undergoing a corporate restructure.
Ashford Colour Press struggles revealed
Ashford Colour Press fell foul of vacillating customer demand according to the latest report on the firm’s administration, which also details the six-figure sum paid for part of its business and...
£50k customer asset lost by Works Manchester
A ‘customer owned item’ worth £50,000 has gone missing from collapsed Works Manchester, reducing the amount of recoverable debt as a result.
Lemon Press wound up
Redditch digital and litho print house Lemon Press is being wound up after entering creditors’ voluntary liquidation on 20 December.
RDCP owner publishes annual letter; mystery surrounds Ancient House fate
Sameer Rizvi, founder and CEO of the investment company that acquired Ancient House Printing Group in 2021, has published his annual letter to stakeholders – outlining RDCP Group’s year, although the...
Expansion fuelled CB Printforce UK collapse
The collapse of CB Printforce UK has left a shortfall of more than £4.5m with continental firms among the largest creditors.
The sector’s evolution continues and we must keep moving forward
As peak season draws to a close for many of you, and you start to reflect on 2024, it’s safe to say it’s been another eventful year for the industry.
Remaining kit from firm that had assets stolen up for auction
The remaining kit belonging to a plastic bottle recycling company in administration that had assets with a value of £1.3m stolen last month has gone up for auction.
Shocks and surprises spearhead November’s most-read news ranking
While insolvency stories and the sad passing of an industry stalwart feature, so do M&A opportunities, strategic shifts and one humongous heist.
Admins appointed at Lexon
Insolvency practitioners have now been formally appointed at Welsh print firm Lexon.