Direct mail provider edges closer to calling in administrators

A Nottingham-based direct mail provider is close to collapse after alerting administrators for  a second time.

The Mailshop Mailing, located in Hucknall, has submitted a second notice of intention (NOI) to appoint administrators this afternoon through law firm Shoosmiths.

Its first NOI was posted on May 13th, with FRP Advisory lined up to be appointed administrators according to legal documents.

Incorporated in 2008, The Mailshop was established following a merger between Mailwrights Direct Mail and JS Direct Mail.

In its most recent available accounts, for the period ending 31 July 2022, the company’s profit and loss account showed a total of just £15,451, a significant decrease from £504,555 the previous year.

The accounts also indicate that the company employed 48 people at that time.

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