The Somerset-based printing and binding firm has entered administration due to a drop in trading and difficult market conditions. The firm’s lease also ended last year and the company has been unable to find suitable alternative premises.
Trading under Butler Tanner and Dennis Holdings Ltd, the printing firm specialises in high-quality colour books, Fine Art prints, magazines and literature projects. 100 jobs are at risk after the directors made the announcement to staff at the site in Frome yesterday (13th May).
CEO, Gerald White, commented “After spending months considering the future of the business, various lease options for our existing site and searching for alternative appropriate premises from which to print, we have unfortunately been left with no option but to put Butler Tanner and Dennis Ltd into administration. We very much regret the impact this will have on our loyal staff and customers and the community of Frome.”
Administrators, Thornton Rones, are expected to be appointed next week.
Two other companies operating under BT&D Holdings Ltd, Butler Tanner and Dennis Maps Ltd and Berforts Information Press Ltd are not involved in the administration.
If you are an employee of the business, please listen to the video below as it will tell you your rights as an employee of an insolvent business. There is a link at the end of the video to the Government website which expands further on what you need to know. Please note we are not involved in the administration.