Receivership & administration

Latimer Trend & Company owed unsecured creditors more than £3m at the time of its administration, and the firm has an estimated total shortfall in excess of £4.5m.

Kent-based print firm CPG Brand Communications, which is registered as Colour Print Ltd, is understood to be in administration with all staff laid off with immediate effect.

Independent book retailer The Book People has fallen into administration.

Odessa Print Group owed trade creditors nearly £2m with unsecured creditor claims of £2.8m when it went into administration in October, prior to its pre-pack sale to newco Odessa UK.

Administrators at Nicholson & Bass have been unable to provide a statement of affairs or creditors’ list for the business “due to the non-cooperation of the current and previous director”, in what is...

It has been a lively – some would say tumultuous – year for print. Brexit aside, the sector saw a number of major trends in 2019, but perhaps most notably M&A activity, business failures, and...

Unite is seeking “urgent clarification” from De La Rue about the company’s future after it admitted that it could breach banking covenants.

KJB Print’s brochure division WM Printing Solutions has been placed into liquidation, while Printweek understands that its parent company has been bought out of administration.

Paper converting and merchanting business Aspenlink owed creditors nearly £2.7m when it suddenly went bust last month.

Herts-based print procurement firm Jump Design and Print has acquired the goodwill, customer list and order book of David Taylor Automedia after attempts to restructure the business failed.