Sign Plus Limited - Administration
Sign Plus Limited, a Fife-based supplier of signs to a wide variety of industrial, commercial, and public sector clients, including the Ministry of Defence, entered administration on 3 November. Michelle Elliot and Anthony Collier of FRP were appointed joint administrators and said that the administration was caused by serious cash flow problems stemming from rising operational costs. 50 employees have been made redundant, while two have been retained to assist the joint administrators. Bibby Invoice Discounting has a registered charge against the company. Other companies within the PFI Group are not in administration and are continuing to trade.