A meeting of creditors took place on Friday (30 August) with the liquidator’s report to be published within 28 days.

One of the main factors behind the firm’s closure is understood to be a forced move after the firm’s landlord’s decided to not renew the company’s lease.

PrintWeek understands that the company tried to find alternative premises, but lack of suitable premises nearby and associated relocation costs, such as dilapidation fees on the old premises and upgrading new premises, led the directors to close the business and place it in voluntary liquidation.

The business, which was initially shortlisted in the PrintWeek Awards 2013 but subsequently withdrawn, was owned by holding company Polarview.

According to the last abbreviated accounts, submitted in March 2012, the business was headed by directors Cleveland Deroche, Teresa Garland, Stewart and Stephanie Bose and Christopher Chabdon.

It is understood that the business housed a six-colour Heidelberg Speedmaster SM52, a six-colour CD102 and a five-colour B2 press, at its Rotherhithe facility, as well as a raft of pre-press technology, a B2 UV varnisher and guillotining equipment.

Originally founded as Newgate Press in 1946, the litho printer split into two with Concise Cover Printers specialising in paperback book cover printing.

The two businesses amalgamated in 2004 to become Newgate Concise, which until last month employed around 12 members of staff.