Courts / Dublin / Report

Ireland's only record manufacturer scratched out

Date
2024-04-15
Stage
Hearing Or Decision
Primary locality
Dublin
County
Dublin

Summary

The High Court formally wound up Pressing Matters Limited, trading as Dublin Vinyl, on 15 April 2024, appointing Ken Fennell and Eamonn Richardson of Interpath Advisory as joint liquidators. The company, founded in 2016, employed 22 full‑time staff and four full‑time contractors and had liabilities exceeding €1.3 million. It had been unable to meet its debts as they fell due and had been petitioning for winding up. The court heard that the firm had hoped the provisional liquidators might allow it to complete outstanding orders worth €500,000, but Sam Collins BL reported that the clients deemed this unfeasible. All employees were made redundant. The company had received four separate offers for its assets, which are under consideration. Pressing Matters had sustained significant losses in 2022 and 2023 due to Covid‑19, Brexit, the Ukraine war, a lost major contract and delays in record‑pressing machines.

Who, what, where, when and why

What: Report matter: Ireland's only record manufacturer scratched out. Procedural stage: hearing_or_decision

When:

Places mentioned

Court Venue
  • The High Court
Secondary Mention

Topics

Stage Hearing Or Decision

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