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Industry

G&H on the brink as industry concerns mount

The major sheetfed and web printer G&H in Manchester is close to going into administration according to a source close to Print Monthly.

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Major player: G&H run a number of state-of-the-art presses

The reason, according to outgoing director Dave Hatton, was bad debt. He was quoted in Print Week as saying: “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.”


However, Print Monthly understands 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 according to sources close to this publication. Print Monthly understands that a related company called G&H Print Services had picked up a “substantial” County Court Judgement recently suggesting all was not well at the Trafford Park outfit.

A number of members have been worried about the situation at Trafford Park and fear administration is imminent


Meanwhile, Ian Carrott of ICSM, whose print industry members share information on bad debts, late payment and administrations amongst their clients, says there has been concerns about G&H for some time. “A number of members have been worried about the situation at Trafford Park and fear administration is imminent,” he says, adding: “If that was to happen it would be very serious for the 80 or so staff, the suppliers who are owed cash and the print industry in general.”


Carrott says that sound credit control remains the cornerstone of all businesses including the print industry. If there is a whiff of bad debt suppliers should be cautious and insist on prompt payment and if this is not forthcoming to refrain for further work. Once the blame game begins then suppliers should act, says Carrott.

Hatton blamed Conviviality for G&H’s problems. Conviviality was the new name for Bargain Booze, which according to the Retail Gazette crashed after a round of rapid acquisitions and a drive up market which left their core customers behind. The off-licence chain is not the only client of G&H as they provide print to The Guardian, Lakeland and the football clubs of Manchester City, Manchester United and Everton.


On its website, G&H says: “Since inception in 1969 the business has diversified and progressed to what it is today but the values and vision remain the same. Superior service and quality for clients is at the heart of everything we do.”


Are you a supplier to G&H? Have you a view on this story? Email your views to Harry@linkpublishing.co.uk or call me on 0117 9805 040. Or react to the story on Twitter and have your say.


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