TP8 Ltd placed into Administration

24 January 2006

On Thursday 19 January 2006 Andrew Andronikou, Peter Kubik and Ladislav Hornan from our London office were appointed Joint Administrators to TP8 Ltd.

TP8 Ltd businesses comprises the following three divisions:

Jowetts, a food packaging business operating in Leeds from a 76,000 sq ft warehouse and employing 87 people. Jowetts has a turnover of approximately £9 million, spread across 34 clients.

Broadleys Labels, a wet label manufacturer based in Accrington, employing 45 people, with a turnover of approximately £3 million.

Hannibal Labels, a label manufacturer based in Leicester and specialising in labels for the food and cosmetic industries. This business employs 40 people and has a turnover of approximately £6.5 million.

The Administrators are marketing the businesses for sale as going concerns either as a whole or as separate entities. They have received numerous enquires and are currently fielding this interest to maximise realisations.

All enquires should be directed to Andrew Andronikou or Peter Kubik at our London office on 020 7216 4623.

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