Magazine distributor MMC calls in administrators
Worldwide distributor of magazines appoints MCR administrators Sallyanne Pitt and Paul Clark
Worldwide distributor of magazines appoints MCR administrators Sallyanne Pitt and Paul Clark
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
MCR
administrators close Ethel Austin
MCR
sells stricken Red to new owners
More about:
The numbers you crunch tell a story. Your expertis...
14yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articlePartner Michaela Hall and insolvency practitioner Christopher Purkiss of Kingston Smith & Partners have been appointed as trustees to the bankruptcy e...
View articleA short moratorium will give struggling companies a chance to be open with their creditors and negotiate a way out of their problems transparently, sa...
View articleApplications will now be assessed by a government adjudicator rather than a judge Read More...
View articleA secondary school student in Barcelona, spotted discrepancies in Abengoa accounts - apparently overlooked by auditors Deloitte Read More...
View articleScotland's insolvency service secures 66 month Bankruptcy Restrictions Order against Malcolm Scott Read More...
View articleBusiness environment for insolvency practitioners worsens with fewer company and personal insolvencies between April and June, official figures show R...
View articleTotal company and personal insolvencies hit new lows, but practitioners believe levels could rise over the next two years Read More...
View articleInsolvency Service figures show bankruptcy orders reach lowest level since 1999 Read More...
View article