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BDO Stoy Hayward has been appointed administrators of two printing companies

BDO Stoy Hayward business partners Toby Underwood and Graham Newton were
appointed joint administrators of VCS (Wayzgoose) and VCS (Clearpoint) earlier
this month.

VCS, a printing company headquartered in Linconlshire, has made its entire
workforce redundant.

Underwood said: ‘Following an immediate business review, we, regrettably, had
to make the workforce of the two businesses redundant.’

BDO has said that the increased competition in the printing marketplace as
well as economic pressures is the cause for the company’s administration.

Wayzgoose specialised in greeting cards and promotional items amongst others
while Clearpoint predominantly worked with brochures and magazines.

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