Receivership & administration
Further evidence links Xmedia Marketing to Euroworld
Further evidence of Xmedia Marketing's connection with Euroworld has been uncovered by <i>PrintWeek</i>, following Xmedia's attempts to mask its ties to the failed mailing house.
Journal Printing Company ceases trading with loss of 45 jobs
Journal Printing Company, the Scunthorpe-based magazine and journal printer, has ceased trading with the loss of around 45 jobs.
Minotaur Group calls in the administrators
Minotaur Group, which trades as Prometheus Press, has gone into administration after RSM Tenon was appointed to the Tonbridge company yesterday (3 February).
Castle Colour Printers faces liquidation at creditors' meeting
Yorkshire printer Castle Colour Printers is expected to go into liquidation next week.
Administrators move in as SOS (NW) collapses
Press kit supplier Service Offset Supplies North West (SOS (NW)) has gone into administration.
Park Comms acquires Granite Colour out of administration
Park Communications has bought the assets and goodwill of failed printer Granite Colour, saving 20 jobs in the process.
Print and packaging printers in financial distress increase by 26%, claims research
Some 2,211 UK print and packaging printers are in "significant" or "critical" financial distress, with research by Begbies Traynor suggesting that the figure is "just the tip of the iceberg".
Granite Colour in administration but going-concern sale close
Commercial printer Granite Colour has gone into administration after the failure of its subsidiary business The Good News Press put pressure on cashflows.
European gravure giant fails to refinance
One of Europe's largest gravure printers has failed to refinance its debt resulting in its insolvency.
Shinohara files for bankruptcy protection
Japanese press manufacturer Shinohara has filed for the Civil Rehabilitation Act (CRA), the Japanese bankruptcy protection scheme similar to the US Chapter 11.