Garnett Dickinson shortfall approaches £30m

Garnett Dickinson Print has left an estimated shortfall of £29m, including a £25m pension deficit and £4.1m owed to trade creditors.

The circa £17m turnover Rotherham web and sheetfed printer went into administration on 24 January, along with sister mailing operation GD Direct Solutions and parent company Garnett Dickinson Holdings.

Joint administrators Jonny Marston and Howard Smith from KPMG have now reported on the pre-pack sale of the business and their progress so far.

Read on… http://www.printweek.com/print-week/news/1160323/garnett-dickinson-shortfall-approaches-gbp30m

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2 Responses to Garnett Dickinson shortfall approaches £30m

  1. Labour out says:

    If they had a clear out on the crap left wing reporters in advertiser I’d start to buy the paper again.

    • Ink blob says:

      This part of group produces and prints specialist catologues and magazines.

      Ironically very little of it mentioned in tizer despite the incident and the debts and potential job losses!!!

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