Newsfax (BOW) Limited (04108652): administration
- Status
- Administration ended
- Administration began
- 2012-09-25
- Administrators
- Martha Honara Thompson, Shay Bannon
- Administrators' firm
- BDO
- Formerly
- Newsprinters Limited
- Incorporated
- 2000-11-10
- Location
- London
- Industry
- 18110 Printing of newspapers
From the administrators' statement
The Company was incorporated on 10 November 2000 as Newsprinters Limited and changed its name to Newsfax (Bow) Limited on 13 October 2006. it trades from leasehold premises at Unit 3, Kesslers International Business Park, Rick Roberts Way Stratford, London, £15 2NF (“Bow”).
The Company is a whotly owned subsidiary of Newsfax International Limited (“NFI”), which was placed into Administration on 25 September 2012. Allan Graham and Colin Haig of KPMG LLP were appointed Jomt Administrators. NFI ceased to trade on 26 September 2042.
The Company held one principal contract directly and all other newspapers printed at the Bow premises were subject to contracts held by NFI, which were subcontracted to the Company pursuant to an informal inter-company printing agreement. As a result the Company was highly dependent on NFI in relation to additional revenue and head office support functions.
Administrators' statement of proposals (2012-11-22) · Companies House register