Greenshires Group Limited (00759321): administration
- Status
- Administration ended
- Administration began
- 2024-02-23
- Administrators
- Nathan Jones, John Anthony Lowe
- Administrators' firm
- FRP Advisory
- Formerly
- David Green Group Limited; David Green Printers Limited; David Green (Printers) Limited; Pyrenean Imports Limited
- Incorporated
- 1963-04-30
- Location
- Leicester
- Industry
- 18129 Printing n.e.c.
Why it went into administration
- HMRC / tax arrears
- Parent or group failure
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Competition / price pressure
From the administrators' statement
The Company supplied marketing material and fulfilment solutions. The Company predominantly operated with two distinct divisions: Lithographic printing (“Litho”) and Point of Sale and print POS”).
In addition to the above, in the last 12 months, the Company introduced Rigid Box making into its offering in order to mitigate the seasonal fluctuations in demand and cash flow. This venture was self-funded.
The printing and office based services were undertaken from leasehold premises in Leicester and the Company had 53 long serving employees.
Administrators' statement of proposals (2024-05-10) · Companies House register