CUK Realisations Limited (01006371): administration
- Status
- In administration
- Administration began
- 2023-12-28
- Administrators
- Stephen John Absolom, James Richard Clark
- Administrators' firm
- Interpath Advisory
- Formerly
- Communisis UK Limited; Centurion Press Limited
- Incorporated
- 1971-03-30
- Location
- Leeds
- Industry
- 17230 Manufacture of paper stationery
Why it went into administration
- COVID-19
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Sustained trading losses
- Funding withdrawn / unable to refinance
- Parent or group failure
From the administrators' statement
The Communisis Group is made up of two main divisions: Customer Experience (‘CE') and Brand Deployment ('BD'). The Group also includes two much smaller divisions, named Agencies and Editions. Editions Publishing Limited, which is part of the Editions part of the group, is a subsidiary of the Company. The other entities within the Agencies and Editions part of the Group sit in other subsidiaries in the Group.
The vast majority of trading in relation to the CE division was undertaken by the Company, and included providing traditional secure physical print and mailing services for the UK's
- largest financial and public institutions. The Company also printed chequebooks, bank statements, stationery, and provides outbound communications management, inbound mailing, SMS/email, point-of-sale support, logistics and marketing technology solutions.
Administrators' statement of proposals (2024-02-05) · Companies House register