24 May 2010
MCR administrators are called into international publications distributor Magazine Marketing Company (MMC).
Sallyanne Pitt and Paul Clark were appointed joint administrators on 21 May 2010, with the company ceasing all trading immediately.
MMC, founded in 1988, distributed publications to wholesalers such as Smith News and Menzies Distribution in addition to a number of independent newsagents. It also exported titles worldwide through agents.
Pitt, a partner at MCR, said: “MMC had a long history of distributing well known magazine titles and collectables to the newstrade. It is extremely unfortunate that the company has had to be placed into administration."
Further reading:
MCR appointed administrators to Vergo Retail
You may also like
Careers
Search for jobs
Click to search our database of all the latest accountancy roles
Create a profile
Click to set up your profile and let the best recruiters find you
Jobs by email
Sign up to receive regular updates with the latest roles suitable for you
Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
Visitor comments Add your comment