FI Printing liquidator hopeful of sale 'soon'

The liquidator for failed Manchester printer FI Printing has that it is hopeful a sale of the assets and goodwill will go through soon.

FI Printing went into creditor voluntary liquidation with Alan Tomlinson, of insolvency practitioner Tomlinsons, at a meeting of creditors on 7 July.

According to Catherine Matthews, partner at Tomlinsons, the company ceased trading a few weeks prior to the meeting.

She said: "We are in discussion with several parties, but as of yet nobody has made a decent offer. We are hopeful that the assets and goodwill can be sold sooner rather than later. Twelve staff were made redundant shortly before the meeting of creditors."

In the lead-up to the meeting, FI Printing director Paul Whittaker told PrintWeek that he was hopeful the business would continue under different directors.

However, when contacted again this week PrintWeek was informed that Whittaker was unavailable and that the company did not wish to discuss its situation.