TDL Infomedia Limited (03794451): administration
- Status
- Administration ended
- Administration began
- 2013-08-14
- Administrators
- David John Dunckley
- Administrators' firm
- Grant Thornton
- Formerly
- Watchgreen Limited
- Incorporated
- 1999-06-23
- Location
- Manchester
- Industry
- 70100 Activities of head offices
Why it went into administration
- Pension deficit
- Sustained trading losses
- Regulatory change or action
- Competition / price pressure
From the administrators' statement
The Companies are the UK subsidiaries of an Italian parent company, Seat Pagine Gualle SpA ("Seat", together with the Companies known as "the Group”) Seat 1s a large Italian telephone directories and street maps publisher, and 1s also engaged in the provision of web marketing services Seat 1s listed on the Milan Stock Exchange in Italy and has subsidiaries in France and Germany as well as the UK TDL and TIL are only a very small part of the much larger Seat
group
TIL 1s a 100% shareholder of TDL, the latter being the primary trading enuty within the UK Originally established 1n 1981, TDL has been a leading local search provider within the UK for over 30 years, trading under the "Thomsonlocal" brand TDL owned a database of 2 2 million business listings, published a printed directory (known as the ‘Blue Book’) which was distributed to over 22 millon UK homes and businesses per annum, and operated a local search website which attracted 18 millon visits per month Its business was divided into four areas, being the classifieds business (print and online), a data solutions business, a marketing services business and a distribution business TDL. employed approximately 520 staff as at the date of the appointment of administrators
Administrators' statement of proposals (2013-10-01) · Companies House register