According to filings on The Gazette, Phil Clark and Dave Clark of Clark Business Recovery were appointed joint administrators of Northwolds Richardson Group Ltd last Wednesday (21 August).

Following the merger of the group's two businesses in May 2023, which saw North Wolds acquire the staff, assets, and order book of Wood Richardson, Northwolds Richardson had a turnover of around £2.5m and operated Komori litho presses and Xerox digital printers from its site in Pocklington, east of York.

According to the company’s website, it employed an “experienced team of 18 devoted print enthusiasts [who] know exactly how to deliver high quality print for every job”, using litho, digital, or a combination of both.

The fate of the company, the reasons behind its move into administration, and its current trading status were all unclear at the time of writing.

Northwolds Richardson managing director Gurdev Singh told Printweek he would not be able to respond until the administrators had completed their work while administrator Phil Clark also did not want to comment while his firm’s handling of the administration and the affairs of Northwolds Richardson were ongoing.

Total exemption full accounts filed at Companies House for North Wolds – pre-merger – showed that in the year ended 31 December 2022 it had tangible fixed assets valued at £303,545 and current assets of £642,165. Its net assets at the time were £334,090.

North Wolds was established in 1978, with Singh buying the business 10 years ago. Wood Richardson’s heritage dates back to 1905.