HPM & Addo Ltd (01906031): administration
- Status
- Administration ended
- Administration began
- 2014-10-31
- Administrators
- Lee Van Lockwood, Robert Alexander Henry Maxwell
- Administrators' firm
- Begbies Traynor
- Formerly
- Hillprint Media Limited; Hillprint Limited; Thomas Hill Print (1985) Limited; Ferdom Limited
- Incorporated
- 1985-04-17
- Location
- Leeds
- Industry
- 18129 Printing n.e.c.
Why it went into administration
- Cash flow / liquidity pressure
- Funding withdrawn / unable to refinance
- HMRC / tax arrears
- Creditor pressure / legal action
- Property / lease costs
- Sustained trading losses
From the administrators' statement
The Company traded as Hillprint Media Limited, specialising in printing and marketing, design and pnnt management, medium volume litho, digital printing and in-house finishing to direct chents, agencies and designers
In Apnl 2014 the Company merged with Addo Printing Limited (“APL”) following which the Company changed Its name from Hillprint Media Limited to HPM & Addo Limited
Mr Richard Mortimer resigned as a director in early October 2014 and there was a further restructure which involved a demerger of the business operated by APL and the Company with the companies managing director, Mr Keiran Bayley, becoming sole shareholder of both entities
Administrators' statement of proposals (2014-12-23) · Companies House register