Courts / Dublin / Report

Provisional liquidator appointed to print company with 47 employees

Date
2019-05-08
Stage
Hearing Or Decision
Primary locality
Dublin
County
Dublin

Summary

The High Court appointed a provisional liquidator to Play Print Ltd, a Dublin-based printing company that specialises in bingo cards, scratch cards and lottery tickets and employs 47 people. The court found the company insolvent and unable to meet its debts, citing loss-making since 2016, competition from online and digital technologies, a shrinking bingo market, fewer clubs and community centres using bingo for fundraising, and exchange rate changes after Brexit. The company's directors, including Managing Director John Martin, Ms Clair McCrosain and Mr Manus MacCrosain, agreed that appointing a provisional liquidator was in the best interest of all parties, including creditors, to ensure existing contracts could be completed over the next three to four weeks. Mr Micheál Leydon of Outlook Accountants was named the provisional liquidator. The matter will return to court later this month.

Who, what, where, when and why

What: Report matter: Provisional liquidator appointed to print company with 47 employees. Procedural stage: hearing_or_decision

When:

Places mentioned

Court Venue
  • The High Court
  • High Court
Secondary Mention
Address Area
  • St Ignatius Road
Residence

Topics

Stage Hearing Or Decision

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