Receivership & administration
Cash is king. Long live the king
How many times have you heard variations on ‘Turnover is vanity, profit is sanity, but cash is reality’?
City Print closes doors
City Print (Milton Keynes) appears to have closed its doors after filing a notice of intent to appoint administrators.
MPC Print Solutions status unclear
Confusion surrounds the trading status of commercial printer MPC Print Solutions, with speculation that the firm is in the process of filing for liquidation.
Higgs expands with Jaggerprint assets buy
Commercial printer and publisher Higgs Group has taken on some of the assets and premises of the recently liquidated Victoria Printing Works (Kingston).
Pre-pack for ESP Technologies
Kent-based digital and screen wide-format printer ESP Technologies Group has been acquired in a pre-pack administration deal by newly formed company Mattech Enterprises.
Keeps Printing assets attract Vale Press
Vale Press has purchased the assets and trading name of Berkshire-based Keeps Printing, which went into administration last month.
Keeps Printing closes doors
Berkshire-based Keeps Printing has fallen into administration, leading to five redundancies.
Wheatons closes doors
Wheatons Exeter, the former Polestar book printing operation, officially closed its doors last Friday (2 June), leading to 35 further redundancies.
Calendars acquired out of administration
Calendars & Diaries of Bristol, which trades as Brunel Promotions and BrunelPrint, has been acquired out of administration by Novercal, a sister company to Rose Calendars.
PPG Print pre-packs
Portsmouth-based commercial printer PPG Print has been subject to a pre-pack deal, saving 12 jobs but leading to approximately 18 redundancies.