20 Year Old Printing Business Evolution Print Enters Administration
Sheffield’s Evolution Print has been trading for 23 years – but has now entered administration.
23 jobs have been lost, while a small number of staff continue to finish existing contracts while the firm seeks a new purchaser.
Evolution Print struggled with mounting rent and business rates, and took professional advice from insolvency specialists Wilson Field.
Andy Wood, associate director at Wilson Field commented, “In common with many in the printing industry, Evolution Print found itself facing soaring increases in wholesale paper costs – well over 40% since 2016.”
Evolution Print produced brochures, documents, books, magazines, and local tourism guides.