The total assets available for preferential creditors (Inland Revenue, HM Customs & Excise and employees) of £592,539 left them to absorb £1.13m.
The total shortfall, including the company’s non-preferential and preferential creditors is £7.48m.
Carlton Barclay and Litho-Tech Colour Printers were placed into administrative receivership with Kroll Buchler Phillips three months ago (PrintWeek, 21 June).
However, a month later the company was placed into liquidation, after a deal to buy the company out of receivership fell through. In all, 250 full- and part-time jobs were lost.
Last month, Bridge Communications, based in Romford, recruited six ex-Carlton Barclay staff and bought the company’s mailing and enclosing equipment.
In the seven months to 30 April this year Carlton Barclay made a pre-tax loss of £1.06m on a turnover of £7.96m.
Story by John Davies
