Jobs lost as Alpha Media Solutions goes into administration
YORKSHIRE printing firm Alpha Media Solutions has gone into administration.
The company’s 61 staff have today been made redundant and Adrian Allen and Lindsey Cooper of Baker Tilly Restructuring and Recovery have today been appointed joint administrators of the company, which traded from premises in Tyersal, Bradford.
Mr Allen, a restructuring and recovery partner at Baker Tilly in Leeds, said: “Along with many firms in this sector, Alpha Media Solutions has experienced difficult trading conditions and in recent months has been loss making.
“The directors have taken steps to attempt to restructure the company’s cost base but difficulties in obtaining credit lines with suppliers has meant that the business in its current format is no longer viable.
“We are looking to sell the company’s business and assets with a view to maximising recoveries for creditors.
“Regrettably, there is very little in the way of work in progress to complete and given the business is currently loss making we have taken the decision to cease trading and make the employees redundant.”