Accountants Hurst Morrison Thomson, which implemented the company voluntary arrangement in April 2002 (PrintWeek, 28 March 2002), has called a creditors meeting for 11 November.
The firm had wanted to use the CVA to reschedule debt over three years, as well as write off 500,000.
Around 70 staff have been made redundant, although 10 are still employed at a separate company, Baulch Print, which shares the same premises but is not affected by the liquidation.
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"This is a repeat of what happened to 1066 Capital t/a Crystal a year ago. They also never put this company in administration.
We are all still left unable to claim the redundancy and notice pay owed..."
"Totally agree"
"Best wishes to everyone involved. Nice to have a good story to read in Printweek."
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