ICSM Business News: collapsed Cardiff based printing company acquired in a pre-pack by the signage firm PFI Group

ICSM Business News: collapsed Cardiff based printing company acquired in a pre-pack by the signage firm PFI Group

Morgard Court, better known as a Gardners in the Welsh capital has been taken over by the PFI Group after falling into administration on August 5.

The signage firm is thought to employ more than 100 workers and specialised in wide format printing of banners and large scale graphics.

Writing in the trade website Print Week Richard Stuart-Turner reported: “The business​ operates from a four-acre purpose-built facility in Cardiff and the purchase represents PFI Group’s first production and service centre based in Wales. Gardners’ client base includes many major brands, with a particularly strong reputation within the retail, outdoor, fleet, and venues and event sectors.

“The business will continue to be led by managing director Richard Courtney and the company’s current management team.”

Print Week said the PFI Group encompasses the following businesses: PFI GB Signs, Sign Plus, Lofthus Signs, In2 Signs & Graphics, Shades Graphics, Mardan Products, Futurama Group, Insignia Signs, Creative Display, SignMaster, Jasmine, Cestrian, Kesslers, Proportion London, Works Manchester, PFI Speedscreen – also acquired this summer – and Gardners.

Adminstrators for Gardners Michael Lennon and Philip Dakin both of Kroll Advisory were appointed In the High Court of Justice, Business & Property Courts of England and Wales on 5 August 2022.

+++++++++++++++++++++++++++++++++++


ICSM CREDIT
For information on ICSM visit www.icsmcredit.com or call 0844 854 1850.
ICSM, The Exchange, Express Park, Bristol Road, Bridgwater, Somerset TA6 4RR. Tel: 0844 854 1850. www.icsmcredit.comIan.carrotte@icsmcredit.com

About ICSM Credit

ICSM Credit has more than four decades of experience as a credit intelligence group whose members gain inside information about firms in trouble allowing them to avoid bad debts and rogue traders. To join costs less than a tank of fuel - while at the moment there's a special free temporary membership offer during the Covid-19 crisis which gives access to free legal letters. ICSM also has an effective debt collecting service which has a global reach - ask for details from Paul.

For details about ICSM Credit call 0844 854 1850 or visit the website www.icsmcredit.com or email Ian at Ian.carrotte@icsmcredit.com on how to subscribe and to join the UK’s credit intelligence network to avoid bad debts and late payers. Follow ICSM Credit on FaceBook, Twitter and YouTube and Ian Carrotte on LinkedIn.

To keep up to date subscribe to the FREE ICSM Credit Newsletter to hear all the latest insolvency news and to see who has gone out of business click on the orange panel on the top left of the home page of the website www.icsmcredit.com or send an email to Ian.carrotte@icsmcredit.com

For details for the work of the journalist Harry Mottram visit www.harrymottram.co.uk


Tel 0844 854 1850 ___ Fax 01454 327 355
Privacy Policy   © ICSM All Rights Reserved