After being placed into administration, it was immediately sold to a newly-established business called Print.Inc Group Ltd, whose only director is Luke Hodson – the man who founded Awesome Merchandise in 2009.
Interpath has now published its administrator’s proposal which has revealed more about the company’s finances. But it warns: “Based on current estimates, it is highly unlikely there will be a dividend to unsecured creditors.”The report says: “Based on current estimates, we do not anticipate that there will be sufficient funds to enable a dividend to the secondary preferential creditor.”Employees
As the name is now a trading name of the 'new' business, client testimonials are still live on the AM website - I wonder if folksy MEATLiquor CamdenBrewery + others would really still want to be associated with them given how many customers have been left high and dry...
Only the administrator comes out smiling probably to the tune of £500 per hour.
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