This site uses cookies; by continuing to use our site you agree to our use of cookies. More details in our privacy policy. Close



PwC rolls in to Scottish printers 9 December 2011

The business – which was created in 1879 – was forced to stop trading after a buyer failed to come forward.

All 54 staff members have been made redundant from its Livingston-based plant. Graham Frost and Bruce Cartwright have been appointed as joint administrators and are currently assisting former employees with their redundancy claims and compensation.

Business recovery services director, Frost, explained: "It is always a great pity to see a long standing Scottish business go into administration.

"The directors had tried to restructure the business and its funding and while they had made good progress in the operating business, they were unable to find a solution for their major creditors.

"The directors also sought to market the business as a going concern prior to our appointment but unfortunately no buyer came forward."

"Regrettably, as a result of the administration, all 54 employees will be made redundant. We will be working closely with them to ensure they receive the support they need during this difficult time, assisting with their claims for redundancy and other compensatory payments."

The company – which had an annual turnover of around £6m – provided printing services and related products.

By Andy Pearce



blog comments powered by Disqus