Imprima (United Kingdom) Limited (03374212): administration
- Status
- Administration ended
- Administration began
- 2014-11-25
- Administrators' firm
- PwC
- Formerly
- Imprima De Bussy Limited; Imprima Group Limited; Oyez Press Limited; Retailmod Limited
- Incorporated
- 1997-05-21
- Location
- London
- Industry
- 18129 Printing n.e.c.
Why it went into administration
- Sustained trading losses
- Pension deficit
From the administrators' statement
The Company has been loss making for the past four years and has only survived due to regular cash mjections from its ultumate shareholder As well as trading losses, the Company has a pension scheme deficit which was last valued at £6 8m on a buy-out basis, that placed it under further financial pressure The Company’s net habilhities as at 31 October 2014, (from latest management information) were £2.7m before accounting for the pension scheme deficit.
Asummary of the Company’s recent financial results for continuing activities 1s shown below
Audited accounts for | Restated accounts Draft accounts for __|
Administrators' statement of proposals (2015-01-07) · Companies House register