16 September 2021


Creditors of Premier Print Group have voted overwhelmingly to accept a CVA at the firm after the pandemic hit sales at the business.

The sheetfed printer, based in east London, specialises in short-run, fast turnaround magazine and booklet printing. 

The family-owned firm is run by brothers Darren and Gary Goodson. 

Darren Goodson said: “Basically it’s all down to the pandemic. The business has been going for something like 38 years and been through three or four different recessions. But our workload went right down because of the pandemic.

“In 2019 we grew by around 25% and we were really motoring. Then the pandemic hit at the end of March 2020. Our turnover was down by 70% at one point, and the various lockdowns came and went and business just didn’t come back,” he explained. 

Premier Print Group had also installed a  second RMGT SRA1-format press at the end of 2019 in anticipation of continued growth. 

After a meeting last month creditors have now approved a CVA with nearly 97% of creditors by value voting in favour of the move. 

The three biggest creditors: Agfa, Middleton Paper and Marlowe Digital all voted in favour. Antalis was the only creditor to vote against the move.