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.

20100329

Creditor List - Page 17

10th March 2010 - Here in reverse order is the Creditor List:

Page 17

Web of Knowledge, Waterlooville PO8 0JH £138.00
Web Forces, Weston Super Mare Basingstole RG24 9PU £1,333.00
West Country Binders Ltd, Weston Super Mare BS24 9BG £13,848.83
Wilson Electrical Distributors, Aldershot GU12 4RG £156.48
Winter & Co, Huntingdon PE29 6ED £10,626.93
Wipe It, Aldershot GU12 4DN £316.71
Wood in Hampshire, Odiham RG29 1HW £4,238.90

Total AMOUNT owed: £2,301,872.65
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1 comment:

  1. Anonymous02:16:00

    £2m+ my god how did they allow it to get so bad. can't imagine derek and daren ran that bill up themselves - what happened to the financial and commercial control, and the sales direction surely they must have been trading insolvently long before they went bust. Just think the same management team that allowed this to happen is now in control - lets hope for the sake of the long suffering workers they make a better go of it a second time round.

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