Receivership & administration

Administrators have been appointed at H Charlesworth & Co – which trades as Charlesworth Press – just eight weeks after the business merged with TJ Books.

Matthew Herbert, former director of a number of failed print businesses, has been bankrupted by a creditor.

While tribulations at two of the UK’s largest print groups topped last month’s ranking of our biggest stories, there were still reasons to be cheerful with a smattering of ramp-ups and start-ups. 

Food packaging group Coppice Alupack has stepped in to buy Sirane following the latter's fall into administration a fortnight ago. It plans to rehire 70-80% of the company’s workforce.

Portuguese paper distribution group Inapa is set to present the company to insolvency after its German subsidiary also filed for insolvency following a cashflow problem.

Kolbus Germany has entered a self-administration process to allow the business to restructure under the German equivalent of bankruptcy protection.

Packaging converter Sirane has appointed administrators, with 172 staff made redundant.

Packaging converter Sirane has filed a notice of intention to appoint an administrator.

The boss of a local newsletter publisher has been handed a lengthy ban for abusing the Bounce Back Loan scheme.

Coloreel Group AB, the Swedish company known for its instant thread dyeing technology, has filed for bankruptcy.