Marstan Press Limited(The) (00538720): administration
- Status
- Administration ended
- Administration began
- 2019-01-28
- Administrators
- Matthew Robert Haw, Damian Webb, Duncan Robert Beat
- Administrators' firm
- RSM
- Incorporated
- 1954-09-30
- Location
- London
- Industry
- 18110 Printing of newspapers
Why it went into administration
- Cash flow / liquidity pressure
- Sustained trading losses
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Parent or group failure
- Competition / price pressure
From the administrators' statement
Brief background
The Company was incorporated by Stanley Lett and commenced to trade on 30 September 1954, trading from Princes Street, Bexleyheath, Kent, DA7 4BJ. Marstan started life as a Letter Press firm, based in Bexleyheath with a staff of just 5.
The Company is a subsidiary of M P Group Limited. The other connected company is Marstan Press Holdings Limited.
Administrators' statement of proposals (2019-04-09) · Companies House register