Press release -
Premium print consumables business Pressroom Plus Limited enters administration
On Friday 15 February 2019, Dean Anthony Nelson and Nick Charles Osbourn Lee of Smith Cooper were appointed Joint Administrators of Pressroom Plus Limited, a premium print consumables business based in Nottingham & Colchester.
Pressroom Plus Ltd offer a one stop shop to printers, specialising in inks, coatings, washes, sealers, pre-press, digital, silk screen and other pressroom consumables and services.
Pressroom Plus Ltd is continuing to trade as usual whilst a purchaser is sought for the business as a going concern, with the help of the Business Recovery & Insolvency team at Smith Cooper. This strategy will continue for the foreseeable future.
Dean Nelson, Head of Business Recovery and Insolvency at Smith Cooper comments “At present, there have been several expressions of interest, and negotiations continue to take place. We will strive to secure the best outcome for all involved, and will ensure employees and stakeholders are updated in a timely manner.”
No further statements shall be made by the employees or shareholders of Pressroom Plus Limited. All further updates will be issued by Smith Cooper directly, as the confidential process progresses.
Dean Nelson and Nicholas Lee are licensed in the United Kingdom to act as Insolvency Practitioners by the Institute of Chartered Accountants in England and Wales.
Categories
- business
- accountants
- advisors
- distress
Regions
- England
Smith Cooper is one of the largest independently owned and preferred accountancy and business advisory firms for owner managed businesses across the Midlands. The firm specialises in providing intelligent, efficient and cost-effective bespoke advisory services to both corporate and individual clients. Smith Cooper has six offices across the Midlands including Derby, Birmingham and Nottingham.
