Christopher Ratten and Lindsey Cooper of Baker Tilly Restructuring and Recovery were appointed as administrators of the Llangollen, North Wales-based litho printer yesterday (16 June) after it ran into trouble following the administration of most parts of Paperlinx UK, its largest supplier.

The administrators said that, following a review of the company’s financial position, it has been decided that it can continue to trade for a short period in order to complete existing orders and explore whether there are any parties willing to buy it as a going concern.

The statement said: “The company has recently incurred losses and to address these it has been necessary for the administrators to take the difficult decision make 55 redundancies.  

“Baker Tilly will now work with the former employees and relevant government departments to ensure that the former staff receive their entitlements from the National Insurance Fund.”