The Midas Press goes bust blog...

I have set up this blog so that past customers, users, employees and suppliers and local people of Farnborough can post their reactions and disapointment about Midas Press going bust.

It maybe that there are other employees with grievances against the owners - Partners Derek Jarman, Daren Carter and the very junior and jumped up partner Steve Oliver. It may also be that you are one of our past and very prestigious customers that we used to do work for? ...it may be that you are a supplier who Midas Press hasn't paid for months and months whilst (possibly) the partners have been paying themselves! Anyway, feel free to comment - this is an open forum and all opinions are welcome - although please bear in mind that we don't want anything defamatory or libellous said.

We are particularly looking forward to comments from the partners themselves.

20100225

Dave blames the snow

23rd February 2010 - Printweek has just reported Paperlinx posting an £81m pre-tax loss for first six months of their financial year!

Dave Allen (pictured) who is vice president UK, Ireland, Spain and South Africa, said: "The bad weather had an impact across the whole paper market and, as a significant player in this, Paperlinx merchants were of course affected."
Funnily enough he didn't mention anything about the bad debt situation with people like Midas Press going bust and owing them loads of money! Funny how some people can't see what is right in front of their face - as he blames the weather maybe he is snowblind when reading his accounts.
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