BusinessBusiness RecoveryLight fades at Ilford Imaging

Light fades at Ilford Imaging

One of the iconic names in black and white photography, Ilford Imaging, has gone into administration.

Link: For more business recovery stories

Administrators from Grant Thornton have taken over the running of the photographic materials supplier and could look to sell it as a going concern.

According to The Daily Telegraph the business has been hurt by the rising popularity of digital cameras.

Ilford employs 740 people in Mobberley, Cheshire.

The administration has not affected Ilford’s Swiss business, which continues to trade normally.

Grant Thornton said: ‘Although growth and profitability in its digital inkjet business has continued to accelerate, the decline in the black and white photography market, in which Ilford Imaging has a major share, has continued. This, combined with the weakness of the dollar and major de-stocking, has led to losses.’

Related Articles

Carillion CFO blew whistle over 'sloppy accounting' months before collapse

Business Recovery Carillion CFO blew whistle over 'sloppy accounting' months before collapse

3m Alia Shoaib, Reporter
Toys R Us UK and Maplin enter into administration after failing to secure buyers

Business Recovery Toys R Us UK and Maplin enter into administration after failing to secure buyers

3m Alia Shoaib, Reporter
How to avoid a Carillion collapse

Business Recovery How to avoid a Carillion collapse

4m Russell-Cooke
Carillion collapse: The week so far and industry reaction

Business Recovery Carillion collapse: The week so far and industry reaction

4m Emma Smith, Managing Editor
Kingston Smith & Partners appointed trustees in bankruptcy of ex-Newcastle United footballer

Business Recovery Kingston Smith & Partners appointed trustees in bankruptcy of ex-Newcastle United footballer

4m Emma Smith, Managing Editor
Carillion: PwC appointed as special managers – what happens now?

Business Recovery Carillion: PwC appointed as special managers – what happens now?

4m Emma Smith, Managing Editor
Investment firm acquires Avon Steel Company Limited

Business Recovery Investment firm acquires Avon Steel Company Limited

5m Emma Smith, Managing Editor
Manchester law firm enters into administration

Business Recovery Manchester law firm enters into administration

5m Emma Smith, Managing Editor