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).

No other details are available at present with Julian Marsh, managing director at the company, unavailable for comment and the company phone going unanswered.

Marsh told PrintWeek a year ago saying that he wanted to double sales at the company after completing a six-month, £2.5m capital equipment investment programme.

Speaking at the time, he claimed the business was moving from being a "big small company to a small, big company".

The Kent-based business had consolidated its print facilities into a single 2,790sqm facility following the installation of a secondhand Heidelberg Speedmaster SM 74-10-P 10-colour perfector, a new Suprasetter 75 and the refurbishment of the company's two Speedmaster 74 presses.

In late January 2010, the 36-staff business also took delivery of an HP Indigo 7000 digital colour press, several months after it bolstered its wide-format division with an Agfa Anapurna M2 UV inkjet printer.

The company's trade client base includes customers in the government, travel, retail, commercial and industrial sectors.