Now under the care of joint liquidators Simon Wall and Richard Tonks of Walsall insolvency practitioner BK Plus, the company will seek to repay its creditors as far as possible.
Wall and Tonks confirmed to Printweek their appointment by the firm's directors.
“Prior to our appointment, the company had ceased trading, and all 14 employees had been made redundant,” they said.
“The sale of the company’s physical assets is being handled by Richard Mascall of MGR Appraisals.”
Mascall declined to comment on the assets up for sale. According to the plant list on Lemon Press’ website, however, the company had a Heidelberg Speedmaster XL 75 B2 press in five colours with coater and a Kodak NexPress SE2500 digital production press.
Finishing equipment listed included a Heidelberg SBG Cylinder, Muller Martini Bravo Plus, three Stahl machines, a drill, and a Morgana stitcher.
It is unclear how much of this equipment is actually owned by Lemon Press, and thus will go for sale. As of September 2023, the firm reported £119,000 of tangible assets on Companies House.
Its parent company, Encore Print Management, which operates from the same site, held a reported £1.2m of tangible assets at the time.
Printweek has reached out to Lemon Press for comment.
The Lemon Press Ltd is a separate and unconnected entity to The Lemon Press, the University of York’s satirical magazine. Encore Print Management Ltd is a separate and unconnected entity to The Encore Group, an envelope and packaging manufacturer, and DMC Encore.
Update: The liquidators' statement of affairs as of 16 December, published on 6 January, show a total deficiency of £116,000. At the time, the firm's plant, machinery, furniture and equipment was estimated to realise £356,000.
