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.

20110317

Heidleberg invests - again!

17th March 2011 - Thanks to the blogger that sent me the link to the latest Heidelberg publication - very nice article but (un)surprisingly, no mention of the £60,443.42 that Heidelburg were owed when Midas Press (partnership) went bust last year!
http://midaspressgoesbust.blogspot.com/2010/04/creditors-list-page-6.html


Heidelberg News - Feb 2011


LPC Printing joined forces with Midas Press last year but it is starting 2011 with a major new investment at its home plant in Southampton. The company is taking delivery of a Speedmaster XL 75-10-P, a Stahlfolder KH 66 and a Stitchmaster ST 450 saddle-stitcher.

"Although the press is a direct replacement for the SM 74-10-P, the XL 75 long perfector which has just been installed is already achieving ten minute makereadies. Inpress Control is absolutely fantastic in getting to and maintaining colour throughout a run, and combined with Autoplate XL automated plate changing it eats through multi-section work and makes life much easier for the operator," says Nick Lee, Managing Director.

"Autoplate XL can load ten B2 plates in one minute 40 seconds," says Matt Rockley, Product Manager for Heidelberg. "Combined with the measuring and monitoring of Inpress Control, printers can achieve very fast set up with least waste. These popular tools working in tandem maximise pressroom efficiency and as a result are increasingly popular with printers throughout the UK."

LPC Printing has from the start been a keen advocate of automated workflow, efficient production and secure inter-departmental communication.

The ST 450 saddle-stitcher replaces an ST 100. The larger, more automated model and the new KH 66 combination folder give LPC Printing additional finishing capacity and the ability to bolster the group's capacity when demand dictates.

LPC Printing joined with Midas because the latter company was different but complementary, bringing together a powerhouse of digital and litho production. Midas had its own customers and a B1 capability but also a depth of knowledge and expertise among the 78 staff that matched that of LPC. Both companies have a strong service ethos and both are Heidelberg houses.

"There are three reasons why we return to Heidelberg repeatedly," says Mr Lee. "They are substantially larger than rival suppliers so their R&D continues to keep pace. The source of minders you can attract when you buy a Heidelberg is much broader and, finally, the service and repair base is critical when we are working 24/7 across both sites."