25 Sep 2012
SFP ADMINISTRATORS have been called to Rhondda-based printing business Hackman Printers.
Brothers Daniel and Simon Plant, partners at SFP, were appointed joint-administrators to the business, which will continue to be traded while a buyer is sought.
Further reading
The company employs about 65 people and, despite a turnover of about £7m, has accrued debts of about £850,000.
Plant said: "Hackman has a good reputation for the services it provides and is hopeful that this fact will result in a successful outcome for taking the business forward.
"We are already in discussions with a number of potential purchasers and are looking to achieve a sale of the business as a going concern."
Hackman provides commercial printing on stationary and invitations, as well as direct mail and marketing services such as inserts for books and magazines.
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
If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.
In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.
Visitor comments Add your comment