Posted by Harry Mottram on 12th Aug 2018
One of the largest sheet fed and web offset printers in the country says they may call in the receivers writes Harry Mottram.
G&H based at Trafford Park in Manchester employs around 80 staff but has a string of suppliers who are very concerned over the announcement the struggling firm may go into administration.
The departed director Dave Hatton was reported in Print Week to have said: “G&H was for sale prior to Conviviality PLC going into administration owing G&H £235,000. That combined with the paper and insurance companies who now appear to be running the printing industry putting the squeeze on credit limits. We felt that we had no alternative but to file a notice of intention to provide protection whilst we seek a buyer for the business.”
Print Monthly reported a source close the Manchester firm who said that G&H is ‘on the brink of administration’ with ‘the dye already cast’ and has something of a ‘track record’ when it comes to paying their suppliers. Hatton blamed Conviviality (formerly Bargain Booze) for G&H’s problems. Founded in 1969 G&H also provide print to The Guardian, Lakeland and the football clubs of Manchester City, Manchester United and Everton.
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