The long run for Greenshires Group is unclear after the enterprise filed a Discover of Intention to Appoint Directors.
The Leicester-based enterprise has been buying and selling for greater than 60 years and was initially established in 1963.
The NOI was filed on 12 February by John Lowe and Nathan Jones of legislation agency Shakespeare Martineau.
Greenshires gives a spread of companies spanning litho and digital printing of high-end advertising and marketing supplies, point-of-sale manufacturing, and inflexible field making.
The enterprise, which traded as David Inexperienced Printers till the late Nineteen Eighties, is owned by the Yell household.
Greenshire Group’s most up-to-date monetary statements filed at Firms Home are abbreviated and unaudited, for the 12 months to 31 March 2023.
The corporate employed 53, down from 61 the prior 12 months.
Quantities as a result of collectors inside one 12 months had been practically £2.8m.
Greenshires Group had unfavourable retained earnings of £579,543 on the steadiness sheet date.
A provider to the enterprise advised Printweek: “There had been some warning indicators. This shall be very unhappy if it’s one other buyer gone.”
The agency’s web site at the moment consists of only a house web page that states: “These are thrilling occasions at Greenshires. We’re within the technique of not solely rebranding, however regularly increasing the companies we provide to our clients.
“A real full-service print and packaging hub encompassing litho, carton, point-of-sale and really shortly the easiest in inflexible field design, print and manufacturing.”
The NOI will give the enterprise safety from any actions by collectors for 10 working days.
Printweek has approached Greenshires for remark.