Added on: 30th May, 2018 by email@example.com
ASSETS belonging to a Barnsley printing company, including specialist printing equipment, are up for sale after the company ceased trading and all 9 staff were made redundant.
Rethink CMYK Limited, specialised in digital printing and was based on Shortwood Way in Hoyland, Barnsley.
The company ran into financial difficulties as a result of difficult trading conditions within the print industry and closed on April 30 this year.
Sheffield-based insolvency specialists Kelly Burton and Lisa Hogg from Sheffield-headquartered Wilson Field were appointed as joint administrators for the company on May 10.
Kelly Burton, director and licensed insolvency practitioner at Wilson Field said: “Despite attempts to negotiate terms with an essential supplier, the company had insufficient cash to continue trading and sought specialist advice.
“The company ceased trading on 30 April and all 9 jobs were made redundant.
“We are now seeking purchasers by way of public auction for plant and equipment.”
The assets include a variety of printing-related equipment including a 2006 Horizon Collator Stitcher, Polar 115 EMC Monitor Guillotine and Morgana Autocreaser.
Clients of Rethink CMYK had included national brands such as NHS, Unilver, John Lewis and Carillion.
Asset disposal is being dealt with by John Pye & Sons. Full details of equipment can be obtained from Charles Loake at John Pye & Son on 01159 706060 or 07870 657082.