Press To Print Ltd (01592765): administration
- Status
- In administration
- Administration began
- 2014-10-10
- Administrators
- Paul Ellison, Gareth Wyn Roberts
- Administrators' firm
- KRE Corporate Recovery
- Formerly
- Presto Print Limited; Intercede Sixty-Six Limited
- Incorporated
- 1981-10-21
- Location
- Reading
- Industry
- 17230 Manufacture of paper stationery
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
Established in 1969 the Company was among the pioneers of digital and quick print services to the business sector The business operates from premises in Reading, Bristol and Blandford in Dorset, all on a leasehold basis It has circa 30 employees, the majority operating from the Blandford site
The Company traded successfully for many years, however has recently found sales levels declining to a pont where it could not cover its large overheads
A summary of the Company's recent trading performance is shown below
Administrators' statement of proposals (2014-10-27) · Companies House register