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.

Showing posts with label Derek Jarman. Show all posts
Showing posts with label Derek Jarman. Show all posts

20100427

Anonymous Comment

27th April 2010 - There was a comment published the other day under my post back on the 26th Feb and its only fair that it gets its own slot:

Anonymous said...
I was a supplier to Midas for years and they were an excellent company to deal with. What has happened here is terrible shame. For years suppliers have made lots of profit from dealing with Midas for the 40 years they have been in business. They were also a partnership and I know Daren and Derek have been made personally bankrupt. Which is a poor return for a lifetime of effort - which has also employed 80 or so local people in the Farnborough area. Your vendetta and publishing the addresses of the people involved is wrong. You clearly have personal issues which I am sure can be addressed by medication on the NHS - which I am assuming is part funded by the tax contributions on the 85 people that continue to work at Midas.


But readers should not forget what was said at the creditors meeting:

Extract from BDO's report of creditors meeting
"Mrs Gates (of BDO) did then confirm to the meeting that both Mr Jarman & Mr Carter had recently been made Bankrupt on the presentation of their own petitions and that she understood that both had transferred interests in property to their spouses before Bankruptcy Orders had been made - in the case of Mr Jarman, it is understood that the transfer of property took place approximately eighteen months previously. and, in the case of Mr Carter, some seven years previously"

Being made bankrupt cannot be nice but is probably loads better if youve moved your assets and can continue to live your life in the same house and go on holiday in your same villa as you were before? Comments on this form any body else with "personal issues" (as I am described by anonymous above) are welscome.

20100412

Portugal, here we come.

9th April 2010 - Just noticed that there's a new comment on the Report from Creditors meeting post from 6th April:

Anonymous said...
Derek Jarmen has already sold his house probably heading off to portugal for a long stay in his wife's villa!!!!!

20100406

Report on Creditors meeting

6th April 2010 - Further to my request for information about the Midas Press creditors meeting on 24th March 2010, I've had the following comment posted on the blog. It looks fairly self explanatory and probably means that neither will have to get the removal men in soon.

Extract from BDO's report of creditors meeting
"Mrs Gates (of BDO) did then confirm to the meeting that both Mr Jarman & Mr Carter had recently been made Bankrupt on the presentation of their own petitions and that she understood that both had transferred interests in property to their spouses before Bankruptcy Orders had been made - in the case of Mr Jarman, it is understood that the transfer of property took place approximately eighteen months previously. and, in the case of Mr Carter, some seven years previously"


Any other information about the meeting or the sale of Midas Press to Midas Press PLC gratefully received.

Midas Press, Farnborough, Hampshire GU14 0NZ - creditors meeting.


Holiday Inn, Farnborough

20100126

Derek Jarmans Birthday - coming soon

28th January 2010 - It's Dereks birthday next Saturday on 6th February. Happy 64th Birthday. If any employee, customer or supplier wants to wish him happy birthday you could send a card to Derek Jarman, Pepys Barn, Blounce, South Warnborough, Hook, Hampshire RG29 1RX.

Established 1969, gone bust in 2010!

27th January 2010 - Established in 1969, gone bust in 2010!
Unfortunately our proud boast was 40 years of service ...none of us realised that when this line was written that 41 years was going to be the total time that we were in existence! ...nice one Derek!

Derek Jarman's Home Address!

25th January 2010 - I've just been sent an e-mail by another interested party with Derek Jarman's home address on which you may be interested in if you are a binder or print finisher and wanted to pop round and ask why your invoices are still outstanding! Derek might even make you a cup of tea!

Mr Derek Jarman
Pepys barn
Blounce
South Warnborough
Hook
Hampshire
RG29 1RX

The Partners mobile phone numbers:

25th January 2010 - If anyone needs to speak to Daren Carter about employment issues, late payment or the proposed phoenix business (or management buyout as they like to call it these days!) please call him on: 07836 766155


or you could e-mail him: darenc@midaspress.co.uk

or you could speak to Derek Jarman's mobile number is 07799 885293

Welcome to the blog

25th January 2010 - Welcome to this new blog which I intend to be a forum for debate about the goings on at the ill-fated Midas Press in Hampshire.

I have set up this blog so that employees and ex employees, customers past and present - including those that have currently got print work in the factory and can't get it out! ...and suppliers and local people of Farnborough can post their reactions and disapointment about Midas Press going bust.

It maybe that there are employees with grievances against the owners - Partners Derek Jarman, Daren Carter and junior partner Steve Oliver and the Financial controller Richard Sharman.

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 (possibly whilst the partners have been paying themselves!) Anyway, feel free to comment. This is an open blog and I'd love to get some feedback and reaction from Daren Carter, Ricahrd Sharman, Derek Jarman or even the maladjusted Steve Oliver.
Best wishes
Auric Goldfinger

Midas Press appoints an insolvency practitioner...

22nd January 2010 - The Midas Press based in Farnborough Hampshire has officially hit the buffers.

They are working with an insolvency practice called Middleton Partners who they are intending to appoint as an "administrator" for the business. Their details are as follows:

Ms. Alison Gates
Middleton Partners
65 St. Edmunds Church Street
Salisbury
Wiltshire
SP1 1EF
Telephone: 01722 435190
Fax: 01722 421102

It will be interesting to see if the business is sold to the very people that have been running it!