OMG It’s the first week of January and another print firm goes bust

CPG Brand Communications reported as latest industry casualty

If 2019 seemed bad for the print industry then 2020 could be even worse with some forecasters suggesting a recession is just around the corner.

Where you believe them or not there is no denying that the number of print firms going to the wall has increased in recent months with the latest being Tonbridge-based CPG Brand Communications registered at Colour Print Limited.

The firm fell into administration this week according to Print Week’s Hannah Jordan.

She wrote: “Sources close to the firm said staff were informed on 16 December that it was being placed in administration and that no salaries would be paid for the Christmas month. Colour Print was still listed as active at the time of writing with one remaining director, Craig Prince, who was appointed a director in May 2018. 

“Meanwhile, four other directorships have been terminated at the firm over the past four months including Terry Hewett on 27 September, Richard Gerald Husband on 27 November, Paul Anthony Duckworth on 30 November and group sales director Steve Kirkham on 6 December. Hewett, Husband and Kirkham were all appointed on 4 Sept last year while Duckworth was appointed on 19 December 2018.”

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