Receivership & administration

JDP and Culverlands Press shortfall revealed
Creditors of Venn Holdings’ trading subsidiaries JDP and Culverlands Press are owed more than £8.8m with the two businesses showing an estimated total deficiency of £4.4m – and major creditors have...

Your Print Partner shuttered
The company behind Your Print Partner has gone into voluntary liquidation.

All Sorts UK in liquidation
Direct Mail specialist All Sorts Mailing Solutions has gone into liquidation after closing its doors last month.

Unite bags seven-figure payout for former Stoneywood workers
Unite the union has secured a likely £1m-plus payout for former workers at Arjowiggins’ Stoneywood Mill.

Venn Holdings hits the buffers
The Venn Holdings buy-and-build dream is in tatters after print wing JDP was shuttered after Christmas, with liquidators expected to be appointed imminently.

Director disqualified after Covid loan support given to dormant firm
A director of a business specialising in personalised sweets and other edible items has been barred for a decade for claiming a taxpayer-backed Bounce Back Loan on false pretences.

Communisis pension scheme heads for Pension Protection Fund
The Communisis Defined Benefit Pension Scheme is likely to become the latest industry plan to enter the Pension Protection Fund – although its professional trustee is hoping for a “much improved...

Communisis in admin, parts of business sold
Communisis has gone into administration with parts of the business immediately sold to a new owner, but more than half its workforce has been laid off.

Puzzling out PFI’s M&A debacle
A rampant buy-and-build strategy does not automatically result in success – as ex-employees and creditors of PFI Group can sadly testify – so what was the strategy behind the massive growth plan?

FRP appointed at Works Manchester
Administrators from FRP Advisory have now been formally appointed at PFI Group’s Works Manchester operation.