ICSM Print Industry News: packaging firm teeters on the brink of collapse, plus a recent list of insolvent print, events and media companies
By Harry Mottram: Media reports suggest a Derbyshire based packaging company is set to enter administration costing 40 jobs. Ian Evans of the Business Desk website reported on May 4: “Thermoform was established by Dennis and Doreen Perks in 1973. Originally a light engineering company, the Ashbourne firm gradually moved into the vacuum formed packaging industry over the next decade, investing in the first TFT thermoforming machine in the UK in 1983.” And he added that the company based at Ashbourne has posted its first Notice of Intention (NOI) to appoint administrators on 19 April – giving it some protection from creditors and added a second one last week. He said: “Accounts made up to 31 July 2022 show Thermoform owed its creditors just over £2m, and in turn was owed almost £1.7m.”
Ian Carrotte of ICSM said that firms can only post two NOIs before they lose protection from creditors are either enter administration or return to normal trading.
In another development in the print industry the troubled Sterling Financial Print company has been acquired by The Color Company in a pre-pack deal. Writing in the Print Week website Jo Francis reported: “Printweek understands that a downturn in London IPO work hit the firm’s performance, and as a result SFP's directors called in Moorfields Advisory to look at options for restructuring and a sale of the business.”
Moorfields told Jo Francis: “Whilst there was initial interest in a solvent sale, a satisfactory solution could not be found and a sale of the business was completed via a pre-packaged sale out of administration.”
Below are some recent casualties in the print industry and related sectors:
EVENTS: EXHIBITIONS, EVENTS, TRADE SHOWS
COMPULSORY LIQUIDATOR APPOINTED
WALTON CASTLE EVENTS LTD 08703149
LIQUIDATORS APPOINTED
AVANT GARDEN WEDDINGS LIMITED 11594543
CELEBRATION EVENTS LIMITED 08435466
CHRISTMAS PARTY NIGHTS COVENTRY LTD 11979504
IN THE PARK CONCERT LIMITED 11200345
NATIVE EVENTS LTD 09963908
PREMIERE CONFERENCING (UK) LIMITED 04337199
MEMBERS VOLUNTARY LIQUIDATIONS
B M EVENTS LIMITED 03788174
PETITIONS TO WIND UP
AZUR EVENTS LIMITED 07864588
SPHERE EVENTS LIMITED 11907333
MEDIA: ADVERTISING AGENCIES, DESIGN STUDIOS, MARKETING, PUBLIC RELATIONS, TV AND VIDEO PRODUCTION
ADMINISTRATORS APPOINTED
EROS INTERNATIONAL LIMITED 02382637
LIGHT SOURCE DESIGN LIMITED 04111628
CREDITORS’ VOLUNTARY LIQUIDATION DEEMED IN CONSENT MEETINGS
DRAW-BRIDGE BRAND & MARKETING EXCELLENCE LIMITED 10960761
MOZZINGTON LTD 10715013
SEARCHLIGHT MEDIA LIMITED 08662398
TRENTSIDE DESIGN LTD 10339933
WOOD LAWRENCE FILMS LIMITED 08318383
UXICON LTD 08019182
WELLINGTON GRAPHIC LTD 08443495
ZENITH DESIGN SOLUTIONS LIMITED 11423299
LIQUIDATORS APPOINTED
2B DESIGN GROUP LIMITED 11143988
3D MODEL SOLUTIONS LTD 11156622
CLICK INTERNET SALES LIMITED 07729728
DJK FILM SERVICES LTD 09378100
EXPEDITE DESIGN & DELIVER LIMITED 03543839
HIGH-END GRAPHICS LTD 10986824
HUD MEDIA LTD 08444845
LOVE AD LTD 10078839
MEDIAFORCE LIMITED 07401677
PW PROMOTIONS LIMITED 09663714
SPARKLE PR LIMITED 05934121
WHITE SQUARE COMMUNICATIONS LTD 08271214
X1C MEDIA LTD 11732328
YOUNGEST MEDIA LIMITED 09838449
ZEE DESIGN LIMITED 08798829
MEMBERS VOLUNTARY LIQUIDATIONS
CST MARKETING LIMITED 08087695
EINSTEIN MARKETER LIMITED 10643681
PJB DESIGN CONSULTANCY LTD 11809247
PETITIONS TO WIND UP
DECADE MEDIA AGENCY LTD 12205828
FREIGHT MEDIA LIMITED 09757258
LONDON TAMIL MEDIA LTD 08294143
SUO MEDIA LIMITED 11248282
WINDING UP ORDERS
ZAR MEDIA LIMITED 11447275
PRINT INDUSTRIES: INK, PAPER, PAKAGING, PRINTERS, PUBLISHERS, OFFICE SUPPLIES, SIGN MAKERS, STATIONERS
ADMINISTRATORS APPOINTED
UNION PAPERTECH LIMITED 05838827
CREDITORS’ VOLUNTARY LIQUIDATION DEEMED IN CONSENT MEETINGS
AIMTRAC GROUP LTD 07671010
ALL SIGN SOLUTIONS LIMITED 04675840
ATLAS TRANSFER PRINTERS LIMITED 02838309
DAVID RICHARDS (PRINTERS & DISTRIBUTORS) LIMITED 01115060
PREMIER NEWS LTD 08758219
SIGNATURE PRINTING LIMITED 08601950
THE SEVERN SIGN & PRINT COMPANY LIMITED 09654371
LIQUIDATORS APPOINTED
ALL SIGN SOLUTIONS LIMITED 04675840
ANGLEBURY PRESS LIMITED 06673432
AUBERGINE PRINT LIMITED 03931911
COPYTECH LIMITED 02954959
DUFF PRESS LIMITED 06205927
GRAPHIC SUPPLY LTD 09163700
IMAGINE PUBLISHING LIMITED 11685011
NATIONWIDE FRAME SERVICES (NORTH WEST) LTD 03784819
NEW UNION MEDIA LTD 12050475
MEMBERS VOLUNTARY LIQUIDATIONS
INK DISPENSING LIMITED 06449216
ROBERT YOUNGPRINT LIMITED 01768892
THE RIGHT SORT MAILING COMPANY LIMITED 02848701