Mon, 19 May 2025 | BUSINESS SALE
Premier Communications (Peterborough) Limited, a commercial print and direct mail company based in Peterborough, Cambridgeshire, has been acquired out of administration in a pre-pack sale.
The company appointed Rehan Ahmed and Jeremy Woodside of Quantuma Advisory as joint administrators on April 30. The joint administrators then oversaw the sale of the business to PremCom UK Limited in a deal that secures the future of the business and protects jobs, with all 17 staff transferring to the buyer under TUPE regulations.
Premier Communications was founded in 1999 and had established itself as a well-known print, direct mail and marketing business within Cambridgeshire. The company used digital printing technology to deliver bespoke solutions for business print and marketing communications.
Despite reporting turnover of £4.2 million in 2023, the business faced a number of headwinds, such as mounting cost pressures and tightened client budgets post-COVID-19. These challenges resulted in cashflow issues that meant the company could not be restructured without a formal insolvency procedure.
The joint administrators and a Quantuma team led by Manraj Mand and Mary Dempsey, worked alongside law firm Ward Hadaway and chartered surveyors John Pye and Sons Limited to secure the rescue of the business.
Following the sale, joint administrator and Quantuma Managing Director Rehan Ahmed said: "I am very pleased to have achieved such a positive outcome for this well-established business, ensuring that 17 employees’ jobs have been saved.”
“We are delighted to have secured the long-term viability of the business, allowing it to continue its journey whilst supported by a buyer with the ability to take Premier Communications forwards.”
In accounts for the year ending December 31 2023, Premier Communications’ fixed assets were valued at around £761,000 and current assets at close to £2 million, with net assets amounting to approximately £469,000.
To download the guide "How to Buy Distressed Assets and Businesses" and the practical "Steps to acquire a distressed business", please sign up to our newsletter.
Download the free report: A business buyer's guide to Intellectual Property considerations
An opportunity has emerged to acquire a reputable large format printing business in Greater Manchester, known for its high-quality POS materials and strong relationship with national retail and hospitality clients.
We are presenting an exciting opportunity to acquire an award-winning web development and digital content business with a strong portfolio of high-profile clients, including globally recognised brands.
This is a unique opportunity to acquire a leading digital signage business with a strong presence in Hertfordshire, offering bespoke solutions to a diverse client base.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.