ICSM Printing Industry Insolvency News: decision day for Plymouth based outfit as it admits defeat and chooses liquidation following creditors

ICSM Printing Industry Insolvency News: decision day for Plymouth based outfit as it admits defeat and chooses liquidation following creditors' meeting

By Harry Mottram: Pepper Communications in Plymouth has chosen to liquidate following a creditors’ voluntary liquidation today (Friday, February 10, 2023).

The trade publication Print Week reported that the CEO of the firm Jude Whitford had said: “It is with a heavy heart that I am forced to address the unfortunate reality of our current situation and announce the liquidation of Pepper Communications Ltd effective immediately."

He added: “At a meeting held this morning I, together with my colleague Adam Buck, were appointed joint liquidators by the creditors of Pepper Communications Ltd.”

He blamed the high cost of paper, hikes in energy prices and the need to repay Covid loans as some of the reasons for the collapse.

The assets at the firm include a Konica Minolta Bizhub 1250P printer and two Konica Minolta Bizhub PRO 6136P digital printers plus a Heidelberg Speedmaster XL 106 press. With 50 jobs in doubt at the purpose-built Plymouth headquarters, Pepper Communications appears to be on the brink of collapse. The firm relocated to Plymouth in 1980 from Essex.

The firm employed more than 50 staff who are now out of a job - while creditors must wait so see if they will be paid.


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