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Lithmark Limited (01124702): administration

Status
Administration ended
Administration began
2011-07-05
Administrators
Alan John Clark
Administrators' firm
Leonard Curtis
Formerly
Benzidine Printers Limited
Incorporated
1973-07-25
Location
Hitchin
Industry
2222

From the administrators' statement

The company was incorporated on 25 July 1973 as Benzidine Printers Limited The directors at incorporation were Mr Paul Fuller, Mr Dave Finch and Mr Stan Hills The initial funding to commence the company was personally funded by the directors The pnncipal activity of the company was that of general printers and it had gained contracts with large companies and organisations such as Kodak Limited, Open University and Stevenage Borough Council

The company was trading successfully and in 1991 the company changed its name to Lithmark Limited and Mr Gerrard Gray was appointed as a director During the mid 1990’s Mr Gray resigned as a director and the company moved to larger trading premises in Hitchin, Hertfordshire where the company continued to grow satisfactorily

In 2009 Mr Bryan Cobb was appointed a director of the company During late 2009 and 2010 the country was experiencing a slowdown in the economy and the impending recession resulted in a decrease in turnover to £1,064,061 During this time credit limits with key suppliers were reduced and this limited the company’s ability to trade The printing industry in particular suffered a severe downturn in business and trading became very difficult

Administrators' statement of proposals (2011-09-01) · Companies House register

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Lithmark Limited (01124702)

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