Dunstall had previously told employees of the business that it would be placed into liquidation on Monday (4 August), and that he would pay the necessary £6,000 in fees.

Global MP Mailing effectively ceased trading at the same time as sister company Global MP went into administration at the beginning of July, because it operated from the same premises.

The firm’s former shift manager Len Thirkill told PrintWeek: “We’ve been told the forms are signed and ready to go. It was supposed to go through on Monday but Kevin didn’t turn up at the solicitors to sign something. What he’s saying now is that he’s going to try and reschedule.

“It’s unbelievable, it’s nearly nine weeks now with no money.”

Employees are unable to claim state benefits, or apply for redundancy payments from the state, because the company is not officially in administration or liquidation. Some have turned to The Printing Charity for help from its hardship fund.

Global MP Mailing had 35 employees, and an additional 28 staff are said to be still owed money from its previous incarnation Prospect Mailing Services. 

“I’ve a feeling that it’s not going to happen until September, because there’s a HMRC winding-up procedure due to be heard on 3 September,” Thirkill added.

Dunstall did not respond to requests for comment.

His acquisition vehicle, Cogent B2B, the business he used to acquire St Ives Direct Bradford last September, has now filed its accounts for the year to 30 June 2013.

The accounts had been overdue and there was a motion to strike off the company at Companies House.

The Cogent B2B accounts are abbreviated under ‘small company’ exemptions and do not require an audit.

Cogent B2B’s abbreviated balance sheet shows net current liabilities of £99,101 and a deficit in shareholders’ funds of the same amount. The share capital is £100.