Communisis Limited - Administration

Communisis Limited, a Leeds-based printing business which employed over 1,000 people in the UK and approximately 200 people overseas, providing services to the UK’s largest financial and public institutions, entered administration on 28 December.

Mike Pink and Steve Absolom of Interpath Advisory were appointed joint administrators, and said that the group had been experiencing challenging trading conditions, including declining volumes and increased costs of production.

Immediately on their appointment, the joint administrators completed a sale of the firm's brand deployment business to Paragon Customer Communications, saving approximately 580 jobs. Unfortunately, over 600 employees have been made redundant.

Acquiom Agency Services and Barclays Bank have registered charges against the company.