Receivership & administration
Sector suffers six months of misery
While company insolvencies and the merry-go-rounds that often accompany them happen in every sector, the last few months have felt like a particularly torrid time for print.
Pre-pack sales are here to stay and done right, can be a force for good
It seems insolvency practitioners are trying to give the term ‘pre-pack’ a makeover, instead preferring the wordier ‘SIP 16-compliant sale’ because, funnily enough they think the shorter variant has...
CB Printforce UK shuttered
On-demand book and journal printer CB Printforce UK has gone into administration.
Warwick Printing Company creditors still awaiting dividend
Unsecured creditors of Warwick Printing Company are likely to receive less than 50p in the pound – rather than the payment in full originally promised – with a new twist in the saga over the sale of...
Anti-competitive activities; UK exits, and insolvency shortfalls – but not all bad news
Our roundup of September’s biggest stories makes for a tough read in parts, but rest assured there was a smattering of good news to lighten the industry’s mood.
Approach Print liquidated
Approach Print has gone into voluntary liquidation after a drop-off in print work put paid to the firm’s plans to roll out a new software platform.
Orderly shutdown at Barnwell Print, Micropress acquires goodwill
Long-standing Norfolk family print firm Barnwell Print is undergoing an orderly shutdown, with the firm’s name and goodwill sold to fellow East Anglian printer Micropress.
Japan Pulp and Paper bids for Inapa France
The insolvency administrator for Portuguese paper distribution group Inapa IPG has presented an addendum to its previous report to confirm that Japan Pulp and Paper Co has launched a bid to buy Inapa...
Northwolds Richardson Group kit up for auction as IP sold
Assets belonging to Northwolds Richardson Group, which went into administration last month, are currently up for sale via auction while its intellectual property has been sold to AB Print Group...
Agency boss barred over BBL abuse
Yet another case of Bounce Back Loan abuse has resulted in a lengthy ban for the owner of a creative services and digital marketing agency.