Receivership & administration

The boss of a micro print business has received a lengthy ban for falsely claiming the business was entitled to the maximum Bounce Back Loan amount.

Ipswich litho and digital printer Fuller Davies has been bought out of administration by KNP Litho.

An SME creditor of PFI Group’s shuttered Futurama business has resorted to taking direct action against the end client – a major bank – to recover its losses.

A historic French papermaker has become the latest European mill to be shuttered in a seismic period for the trade.

Futurama would have needed a cash injection of £3m to keep going, and its collapse into administration has resulted in a total estimated shortfall of more than £6m.

Documents filed at Companies House relating to Oldham-based commercial printer RAP Spiderweb have revealed that the company had an estimated deficiency of around £1.5m when it went into administration...

Expectations that Warwick Printing Company would be able to pay all its creditors in full have been dashed – and the business is now moving into an insolvent liquidation process with a likely...

Two directors of a publishing company have been disqualified for abusing taxpayer-backed Covid business loan support.

The number of insolvencies in the UK rose rapidly in May 2023 after a brief dip in April, with small businesses particularly badly affected.

Unite has been successful in its Protective Award claim against YM’s web businesses, with hundreds of employees – including non-union members – set to receive payments as a result.