On 13 August 2015, the Bristol office of accountants Mazars, was appointed as joint administrator of Multisets Limited.
Multisets based on Stephenson Road in Swindon, is a specialist printer of direct mail, integrated labels and cards, cheques and business forms.
The company commenced trading in 1962 and has traded for over 50 years. Its client base includes Aviva insurance and Hunter Boot.
It has an annual turnover of around £5 million and over 40 employees.
Tim Ball of Mazars said: “It is very sad to see another long established printing business struggling to compete and trade profitably, in the declining print market. A number of redundancies have already taken place, however the company continues to trade on a reduced basis. The administrators are actively seeking a buyer for the business and assets.”
Mazars is an international, integrated and independent organisation, specialising in audit, advisory, accounting and tax services. As of 1 January 2015, the group operates in 73 countries and draws on the expertise of 15,000 professionals to assist major international groups, SMEs, private investors and public bodies at every stage in their development. In the UK, Mazars has over 1500 partners and staff serving clients from 19 offices, and is ranked as the ninth largest firm nationally.
For more information, please contact Tim Ball of Mazars on 0117 973 4481 or 07771 788865