# Pupl Realisation Ltd (05674948)

> Why UK company 05674948 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05674948

- **Status:** Administration ended
- **Administration began:** 2016-03-24
- **Administrators:** Matthew Boyd Callaghan, Toby Scott Underwood, David Robert Baxendale
- **Administrators' firm:** PwC
- **Formerly:** Polestar UK Print Limited
- **Incorporated:** 2006-01-13
- **Location:** Leeds
- **Industry:** 18129 Printing n.e.c.

## Why it went into administration

- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Sustained trading losses
- Parent or group failure
- Regulatory change or action
- Competition / price pressure

## From the administrators' statement

The Polestar group of companies was founded tn 1998 from a merger of British Printing Communication Corporation and Watmoughs The Group was Europe’s largest independent printing organisation, and provided a range of physical printing and associated services to newspapers, magazines, catalogues and direct mail businesses

The Group had a turnover of circa £200m of which PUPL makes up circa £150m, It employed approximately 1,500 people at twelve production sites and offices across England, of which in excess of 1,000 people were employed by this Company (PUPL Realisation Limited)

The Company was one of the Group’s three trading entities along with PBL and River. The Group also comprised of various holding companies

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05674948/filing-history/MzE0ODAwNzA5NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05674948

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.