# Printoff Graphic Arts Limited (01427926)

> Why UK company 01427926 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01427926

- **Status:** Administration ended
- **Administration began:** 2019-09-26
- **Administrators:** Megan Singleton, Mark John Colman
- **Administrators' firm:** Leonard Curtis
- **Incorporated:** 1979-06-12
- **Location:** Preston
- **Industry:** 18129 Printing n.e.c.

## Why it went into administration

- Bad debts / customer insolvency
- Property / lease costs
- Sustained trading losses

## From the administrators' statement

« The business has faced significant bad debts totalling around £75,000 since 2016;

e — In early 2019, the Company sold a proportion of its printing equipment which generated around £50,000 less than anticipated;

« — The Company was still utilising equipment which could not be moved from the old premises, as such, it was paying additional rent;

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01427926/filing-history/MzI0ODY5MTY0M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01427926

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.