5 December 2005
Andrew Andronikou, Ladislav Hornan and Peter Kubik of our London office were appointed Joint Administrators over CTD Printers Limited on 21 November 2005.
A sale of the business as a going concern was successfully completed to a third party, Sage Print Limited, whose director Michael Sage was a former employee of CTD. The former management of CTD is not part of the new business.
The sale preserved 40 jobs and the existing business operation at its Sunbury on Thames premises.
Several parties expressed an interest in purchasing the business as a going concern but it was only Michael Sage who was interested in keeping the business in its current guise and preserving the employment of the workforce.
The company's existing client base has given the new company their full support.
We produce a range of informative publications focusing on the latest accounting issues. Click to add yourself to our mailing list.
Up to £15 million will be clawed back from academy schools before the end of the current academic year due to government budgeting errors, according to our data.
A quarter of all taxpayers may be paying the wrong amount of tax due to incorrect PAYE codes according to our analysis.
The cost of listing on AIM has risen at its fastest rate in more than five years according to our findings.
A sudden surge in M&A activity on AIM is being driven by private equity backed deals to take companies private, our research reveals.
From 6 April 2012 HMRC will be able to ask employers to pay a financial security where it thinks there is serious risk that the business won’t pay over their PAYE tax deductions or National Insurance contributions (NICs) on time.
