Jetleys Packaging in administration

Contract packer Jetleys Packaging has gone into administration but is continuing to trade at a minimal level.

The company, which offers fulfilment and warehousing services as well as point-of-sale print, went into administration with Anthony Hyams of London-based Marriotts but is still trading while Marriotts unvestigates the possibility of securing a sale of the business.

In a statement to Packaging News, Hyams said: "[The company] is only trading on a greatly reduced [basis] whilst the joint administrators ascertain whether there are any interested parties."

He did not comment on whether there had been any redundancies at the firm.

However, Companies House records show that four directorships were terminated on 20 January.

Posted at 07:00PM Feb 04, 2010 by Kelly Board in Insolvency  |  Comments[0]