Labelsprint goes into administration

Welsh digital label converter Labelsprint has been sold in a pre-pack deal. Kevin Murphy and Andrew Poxon of Leonard Curtis Recovery were appointed on September 13.

Labelsprint production manager Gwyn Williams registered a new company, JWS Print, with Companies House on August 22 – less than a month before Labelsprint went into administration.

In his new role as director of JWS, Williams said: ‘JWS has taken on all the assets and goodwill of Labelsprint and continues to trade, as a going concern, under the same name.’

Gavin Scott, managing director of Labelsprint, said: ‘We have had some difficulties and we have had to take some decisive and difficult actions to restructure our business for the future. Reports of our death have been greatly exaggerated.’

Scott will still be involved in the new company but his role is as yet undecided.

Click here for more stories about Labelsprint on L&L.com.