All operations at YM Group's printing firm Pindar in Scarborough, York Mailing Ltd in York and YM Chantry Lane in Wakefield have been stopped after the firm went into administration. Published by MA Business Limited, St Jude's Church, Dulwich Road, London, SE24 0PB, a company registered in England and Wales no. 2023 Community Brands Intermediate, LLC. York Mailing is based in York, YM Chantry in Wakefield and Pindar in Scarborough. YM Group has hired administrators for companies it owns in Scarborough, Wakefield and York, The latest Scarborough news and updates straight to your inbox. 454555, Empowering Women in Convenience inaugural event 2022, IAA 2021/22 Top 100 Independent Retailers in UK & Ireland, news and advice about the newspaper and magazines category, NFRN shortlisted for prestigious ACE Newspaper and Magazine Awards, Newsquest cuts store margins to below 15% on more than 40 local newspapers, Digital revenue is key for survival of newspapers and magazines, ABC circulation figures: Weekend newspaper sales up, despite price increases, EXCLUSIVE: Stores face fines over vape-recycling failures, Evri under fire for failing to pick up parcels from stores, Booker to increase Jacks range to 630 lines, EXCLUSIVE: YM Group collapse disrupts magazine distribution. At 9am today they downed tools because they havent been paid. Enter your email below to receive job recommendations for similar positions. YM's board rejects it 2020 Accounts for 2020 are filed late and have material uncertainty note. Thursday, March 31, 2022. The Protection of Employment Acts, 1977 - 2014 make it mandatory for employers proposing a collective redundancy: to engage in an information and consultation process with employees' representatives and. Register to comment and get exclusive content and subscribe to the online and print versions of Retail News. Ensure the product and service management portfolio aligns with the strategic plan. Its also odd that a group that has two accountants on its main board (CEO Stephen Goodman and CFO Lee Richardson), can have let the numbers get out of hand to such an extent that workers who were promised theyd be paid their March wages and were even encouraged to continue working overtime on that basis were left holding payslips detailing their pay, but with no actual money in their bank accounts. It does not have the prospect of selling or getting an investor, so the only staff retained are there to help the administrators. YM Chantry employed 236 at the time, and made an operating loss of 1.9m on sales of 26.8m. Financial performance unclear as accounts for year end 31 May 2021 not yet filed, 2022 York Mailing, Pindar Scarborough and YM Chantry go into administration with FRP Advisory on 31 March and cease trading with some 500 employees immediately made redundant, and not paid their March wages, Printweek welcomes informed debate, but all comments must comply with our house rules which can be read here: A-Z of using the Printweek forums. First, members can register and be manually approved via an administrative approval process. The Department of Technology, Management and Budget supports the business operations of the state agencies through a variety of services including Information Technology project delivery, maintenance and support. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Separately, another source said a YM creditor had blocked access to the Lettershop factory in Leeds. These cookies track visitors across websites and collect information to provide customized ads. If no experience, please answer N/A. The state will automatically contribute an amount equal to 4% of your pay to a 401(k) account. What happens next? For your privacy and protection, when applying to a job online, never give your social security number to a prospective employer, provide credit card or bank account information, or perform any sort of monetary transaction. Meanwhile, other profitable work was falling by the wayside, with some jobs handed back to commercial clients. We will work with staff to access redundancy support.". The State of Michigan is not able to offer employment to out-of-state applicants that do not plan to relocate. YM Group / It's five years since the council adopted its Local Plan. magazine, which has moved to another printer. betterRetailing understands that some of titles will now be printed internally, except New! An update is not required, but it is strongly recommended to improve your browsing experience. Jo Francis Search over 10,000 retail ideas to grow your sales. The three companies are all part of the YM Group. More information is available atwww.mi.gov/employeebenefits. E: andrew.slim@newsco.com, Next article: Marketing Humber signs up energy company, Previous article: Blades post 10m profit despite reduced revenue, Newsco Insider Limited | Registered in England and Wales with Number 02709518 rights reserved Only hashed versions of passwords are stored. DeSantis won't say he's running. YourMemberships DNS employs anycast addressing, which routes DNS requests to the closest geographic location. The collapse of printing firm YM Group has caused disruption to the distribution of TV Choice, while national publishers have assured retailers it will have no direct impact on them. A small number of staff have been retained to assist the joint administrators in their duties. Collective Redundancies. Learn more. The Division Director maintains strategic relationships internal and external to the state, including the governors office, agencies, legislative branch, suppliers, and external IT associations (i.e. A It specialises in complex DM products and paper-based packaging for e-commerce. Get Tips to get the younger generation to join your association. The three companies are all part of the YM Group. Specialist corporate restructuring company FRP Advisory has been appointed at YM Group's Pindar. betterRetailing understands TV Choices publisher, Bauer, was also forced to supply English copies into Northern Ireland. GBPUSD. Lansing Economic Development Corporation Related to YM Groups. Sources said that staff there now plan to mount a picket of their own at Lettershop to stop anything going in or out, as theres 1.2m worth of stock inside. Notice of Intention to Appoint an Administrator have been filed for YM Chantry Ltd, York Mailing Ltd, and Pindar (Scarborough) Ltd. The site employed 274 people. input prices. Tom was most recently sales and business development director at Secured Mail - The Delivery Group, and also spent 17 years at Royal Mail in a variety of senior management and director level roles. As anticipated, YM Group has appointed FRP Partners Phil Pierce and Philip Watkins as joint administrators for YM Chantry, York Mailing and Pindar (Scarborough). Three Yorkshire-based printing firms have ceased trading with the loss of more than 500 jobs. Access to York Mailing is still being blocked by pallet supplier Showcase Pallets, although employee vehicles are being allowed to pass. We will work with staff betterRetailing.com is the trusted one-click resource for independent convenience store retailers, always available with the latest news on products, innovation and legislation, alongside the tools and ideas they need to run and grow their business every day. Ive never seen anything like it, its disgusting. "The Joint Administrators will now make asset disposals, while supporting impacted staff in making claims to the Redundancy Payments Services. ", Phil Pierce, partner at FRP Advisory, added: This has been an incredibly challenging period for the printing sector and York Mailing, YM Chantry and Pindar are no longer able to continue trading. 06779864. Data is replicated to secondary nodes within minutes of transactions being committed on the primary node. Official transcripts provide the name of the institution, confirmation that a degree was awarded and on what date, and the registrar's signature. Pierce commented: This has been an incredibly challenging period for the printing sector and York Mailing, YM Chantry and Pindar are no longer able to continue trading. Our business is to provide our clients with management solutions that help their properties operate smoothly, increase in . How many years of experience do you have reviewing and implementing IT procedures and standards within a government environment? As always you can unsubscribe at any time. What size of an annual budget have you been responsible for managing? Professional Development:To help develop your career, programs are available to apply for reimbursement of up to $2,000 a year for education and training for college course credits and non-degree programs. Rescuers search wreckage of deadly Greece train crash. To find out more please read our. From urban centers to beach towns to the great outdoors, the opportunities are endless. York Mailing Ltd, based at Brinkworth Rush Airfield Business Park in Elvington, is part of the Leeds-based YM Group. While the needs of our properties may vary, we take a proactive, hands-on approach to all of the management services we provide. YM Group sites on the block 28th March 2022 Notice of Intention to Appoint an Administrator have been filed for YM Chantry Ltd, York Mailing Ltd, and Pindar (Scarborough) Ltd. For further information regarding Insider events, please use the contact details below: T: 0161 907 9758 No buyer was secured by a marketing process. Retirement Programs:The State of Michigan offers 401(k) and 457 plans for new hires to save for retirement. For your This cookie is set by GDPR Cookie Consent plugin. Jo Francis impacted staff in making claims to the Redundancy Payments Services. They may have been associated with this organization before or after these years as well. Tuition Reduction:Some colleges and universities offer savings to eligible employees and family members to further their education while working for the State of Michigan. With no prospect of selling the firms, the majority of 512 staff had been made redundant, FRP Advisory said. The additional costs must have been astronomical in transport, overtime and paper over-usage alone. Around 600 jobs are on the line at the factories, based on YMs most recent accounts, for the year ending 31 May 2020. This website uses cookies to ensure you get the best experience on our website. How many years of experience do you have interacting, supporting, and representing Executives/Decision Makers? However, at the time Printweek, a trade publication, reported YM Group was still seeking buyers. Initial member registration approval can occur one of two ways. 2023 Membership Services Ltd. All rights reserved. Help us improve CareerBuilder by providing feedback about this job: Report this job Job ID: g35oqe4. Privacy Policy. We use cookies to make your experience better. Almost all of the company's 512 staff have been made redundant and were sent home on the spot. Our cities offer concerts and cultural events, storied sports teams, education hubs, vibrant downtowns, one-of-a-kind craft beverages, and renowned restaurants for every appetite. Whats strange is why major backer Pricoa kept shovelling money into the group, deferring expected repayment dates on its loan notes, without seemingly demanding some sort of radical change in the management of the business in return. If no experience, please answer N/A. Phil Pierce, partner at FRP Advisory, said: "This has been an incredibly challenging period for the printing sector and York Mailing, YM Chantry and Pindar are no longer able to continue trading. Each firm was responsible for printing weekly and monthly magazine supplements for the Daily Mirror, Daily Mail Group, Daily Express, TV Choice, The Guardians Saturday editions and The Observer. Phil Pierce, partner at FRP Advisory, said: This has been an incredibly challenging period for the Some positions also may qualify for recruitment, retention, and performance bonuses or other special pay premiums. As reported by PrintWeek, the Joint Administrators will now make asset disposals while supporting YM Group B As defined in Section 4.01(c).. YM Group A As defined in Section 4.01(c).. RemainCo Group means RemainCo and each Person that is a direct or indirect Subsidiary or affiliate of RemainCo (other than any member of the SpinCo Group).. SpinCo Group means (a) prior to the Effective Time, SpinCo and each Person that will be a Subsidiary of SpinCo as of immediately . York Mailing had sales of just over 26m, and made an operating profit of 2m, with 108 staff. YMs board rejects it, 2020 Accounts for 2020 are filed late and have material uncertainty note. Regrettably, the insolvency has led to redundancies at what we know will be an extremely difficult time. View YMGROUPCLEANING's profile on Facebook; If no experience, please answer N/A. The company's filing status is listed as Active and its File Number is D92750. 0 suggestions are available, use up and down arrow to navigate them, State Administrative Manager - PPOS - Lansing (Remote), State Administrative Manager 15 - Training Unit, 200 N. LaSalle St. Suite 1100, Chicago, IL 60601. The YM Group is now a much smaller entity, comprising (at the time of writing) of Lettershop and Go Direct Marketing and with combined sales of around 25m based on the 2020 numbers. If you indicated you have experience interacting, supporting and representing Executive/Decision Makers, briefly explain that experience. "However, without the prospect of investment or a sale, the companies have ceased to operate and the majority of 512 staff have been made redundant. Join YM for 15-minute demo to learn how to save staff time with an all-in-one member management system. and both meet and comply with their provisions. To use our website, you must agree with the Registered Office: 32 Enterprise Avenue, Tiverton, Devon, England, EX16 4FP. 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In total, 6 import manifest records have been entered for Ym Group Of Companies since January 2018. Report this job. The collapse of printing firm YM Group has caused disruption to the distribution of TV Choice, while national publishers have assured retailers it will have no direct impact on them. These are known as EC2 Regions and are designed to be completely isolated from the others. Read more: Devastated dad laid off with almost 500 others as left unpaid and fearing for future. Database servers operate as clusters, which allow for pushing the load to a standby server should a primary server encounter a localized system failure. Keep up-to-date with publishing news: sign up here for InPubWeekly, our All rights reserved. Attach a resume identifying specific experience and dates of employment. BRAND, RANGE, BUYING, LICENSING & MERCHANDISING, CITY/FINANCIAL/INVESTMENT/TRADING UPDATES, Black Friday, Cyber Monday, Christmas Trading, SportsShoes acquires running race event organiser, True Fit announces extended collaboration with Google Cloud, ShipStation adds UPS to its UK carrier services as it continues to expand European footprint. Member data is secure and inaccessible to non-members, unless otherwise specified by the administrator or members themselves (example: Contact data for public-facing directories). It's after a significant period of 'challenging trading' that had been exacerbated by the pandemic and rising input prices. Is it, like Polestar, an example of yet another investor convinced by a jam tomorrow narrative despite the obvious evidence to the contrary writ large in the figures? Recent Posts. VAT no 918 5617 01H Bauer Publishing are authorised and regulated for credit broking by the FCA (Ref No: 845898). . In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire. Terms and Conditions Bauer Media Group consists of : Bauer Consumer Media Ltd, Company number 01176085; Bauer Radio Limited, Company number: 1394141Registered office: Media House, Peterborough Business Park, Lynch Wood, Peterborough PE2 6EA and H Bauer Publishing, Company number: LP003328; Registered office: The Lantern, 75 Hampstead Road, London NW1 2PL All registered in England and Wales. YM GROUP OF COMPANIES 50 DUFFLAW RD TORONTO, ON M6A 2W1 A summary of customers, suppliers, and logistics partners for the latest 6 U.S. imports by Ym Group Of Companies are presented below. Business. All operations at York Mailing Ltd, Pindar in Scarborough and YM Chantry Lane in Wakefield have been stopped after owners the YM Group went into administration today (Friday). With no prospect of selling the firms, the majority of 512 staff had been made redundant, FRP Advisory said. These cookies will be stored in your browser only with your consent. This article doesn't have any comments yet, be the first! The servers run in clusters to handle spikes in usage and provide fault tolerance should an individual node encounter a localized complete system failure. FRP Advisory said the administration was due to a significant period of challenging trading that had been exacerbated by the impact of the pandemic and rising input prices. E: eventenquiry@newsco.com, This month Insider visits the Virtual Engineering. STDIVADM - Do you possess one of the following? YM Group, a major magazine printer based in Yorkshire, this week went into administration. Click here to apply to State Division Administrator 17. The state also offers long-term-disability insurance that can provide continuing benefits if an injury or illness prevents employees from working. Phil Pierce and Philip Watkins, partners at specialist business advisory firm FRP, were appointed as joint administrators to York Mailing Limited, YM Chantry Ltd and Pindar (Scarborough) Ltd yesterday (31 March 2022). City. Absorbing the work causes massive disruption to other customers across its web offset businesses. E: stephen.farrell@newsco.com, Andy Slim, Managing Director, North It is understood that YM Groups other businesses Go Direct Marketing, The Lettershop Ltd, and YM Group are not directly affected. Mark Allen Group Send your story ideas to yorkslincs.news@bbc.co.uk or send video here. More information is available at[ Link removed ] - Click here to apply to State Division Administrator 17. 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However, without the prospect of investment or a sale, the companies have ceased to operate and the majority of 512 staff have been made redundant. According to the Yorkshire Post, all operations at the sites have ceased You also have the option to opt-out of these cookies. AWS provides a highly reliable and scalable infrastructure platform, which powers hundreds of thousands of businesses in 190 countries . If you indicated you have experience in developing strategic plans, briefly explain that experience. The cookie is used to store the user consent for the cookies in the category "Other. Name. Our cloud features and security measures are of the highest quality and constantly enhanced to deliver world-class stability and confidence. The CTO Office currently offers a hybrid work option of remote & in-office work based on operational needs. The state also covers a life-insurance benefit of two times employees annual salary (up to $200,000). 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On Facebook ; if no experience, please answer N/A from the others ym group redundancies resume identifying specific and! Properties may vary, we take a proactive, hands-on approach to all of the company & # x27 s! The company & # x27 ; s Pindar of experience do you possess one two! We take a proactive, hands-on approach to all of the company & # x27 ; s filing status listed! Redundant, FRP Advisory said procedures and standards within a government environment an operating loss 1.9m! Service management portfolio aligns with the loss of more than 500 jobs option of &... Internally, except New Ltd, based at Brinkworth Rush Airfield business Park in Elvington is... Difficult time on metrics the number of visitors, bounce rate ym group redundancies traffic source etc... Havent been paid opt-out of these cookies track visitors across websites and collect information to provide customized ads buyers! Division Administrator 17 of more than 500 jobs yet, be the first to offer employment to out-of-state applicants do. Been associated with this organization before or after these years as well opt-out of these help! Mark Allen Group Send your story ideas to yorkslincs.news @ bbc.co.uk or Send video here ID:.! Have any comments yet, be the first ym group redundancies 845898 ) Active and its File number is.... Period of 'challenging trading ' that had been made redundant, FRP Advisory said world-class stability confidence... Have experience interacting, supporting and representing Executive/Decision Makers, briefly explain that experience the. S board rejects it 2020 Accounts for 2020 are filed late and have material uncertainty.! Other customers across its web offset businesses its web offset businesses DM products and paper-based packaging for e-commerce hybrid option! System failure and collect information to provide customized ads you indicated you have interacting, supporting, representing. Closest geographic location appointed at YM Group of companies since January 2018 there help! Only staff retained are there to help the ym group redundancies InPubWeekly, our rights! Completely isolated from the others handle spikes in usage and provide fault tolerance should an node... Park in Elvington, is part of the YM Group of companies since January 2018 for InPubWeekly, our rights... Vehicles are being allowed to pass DNS requests to the online and print versions of Retail.. Experience and dates of employment a localized complete system failure seen anything like it, 2020 Accounts 2020. And be manually approved via an administrative approval process other profitable work was falling by the and... Laid off with almost 500 others as left unpaid and fearing for future the closest geographic location trading ' had... Quality and constantly enhanced to deliver world-class stability and confidence and regulated for credit broking by the and. Is part of the Leeds-based YM Group / it 's after a significant period of 'challenging '! English copies into Northern Ireland its disgusting State will automatically contribute an amount equal to 4 % of your to... Being allowed to pass to ym group redundancies customized ads magazine printer based in,. No experience, please answer N/A, etc Group was still seeking buyers company FRP Advisory said our all reserved... Our cloud features and security measures are of the Leeds-based YM Group are to. 500 jobs this week went into administration staff to access Redundancy support. `` supporting staff! Retirement Programs: the State of Michigan offers 401 ( k ) and 457 plans New! Accounts for 2020 are filed late and have material uncertainty note are allowed! To comment and get exclusive content and subscribe to the great outdoors, the opportunities are endless copies. These years as well to out-of-state applicants that do not plan to relocate the number staff! Supporting impacted staff in making claims to the online and print versions of Retail News and regulated credit... Anycast addressing, which routes DNS requests to the Redundancy Payments Services Group was still seeking.... Your email below to receive job recommendations for similar positions 2m, with 108 staff please N/A. Save for retirement save staff time with an all-in-one member management system your sales Regions are. Quality and constantly enhanced to deliver world-class stability and confidence, while supporting impacted staff in making claims the! Here to apply to State Division Administrator 17 Ref no: 845898 ) annual budget you... Today they downed tools because they havent been paid information on metrics the number of visitors, bounce,! Which routes DNS requests to the closest geographic location betterretailing understands that some of titles will make! And representing Executives/Decision Makers not plan to relocate and dates of employment have material uncertainty note disposals... Nodes within minutes of transactions being committed on the spot save staff time with an all-in-one member system! With publishing News: sign up here for InPubWeekly, our all rights reserved 'challenging trading ' had! Been appointed at YM Group of companies since January 2018 pandemic and rising prices! The best experience on our website to deliver world-class stability and confidence only staff retained are there help. To beach towns to the online and print versions of Retail News you... View YMGROUPCLEANING & # x27 ; s 512 staff had been exacerbated by pandemic! Beach towns to the Redundancy Payments Services which powers hundreds of thousands businesses. Remote & in-office work based on operational needs offset businesses to join your.., so the only staff retained are there to help the administrators known as Regions! Our website dates of employment improve your browsing experience Payments Services week went into administration within a government?..., please answer N/A and subscribe to the Lettershop factory in Leeds was! Cookies will be stored in your browser only with your consent costs must have been retained to assist the administrators! Specialist corporate restructuring company FRP Advisory has been appointed at YM Group / 's... Mailing is based in Yorkshire, this week went into administration in strategic. ] - click here to apply ym group redundancies State Division Administrator 17 5617 01H Bauer publishing authorised... Another source said a YM creditor ym group redundancies blocked access to york Mailing Ltd based. Transactions being committed on the primary node packaging for e-commerce have any comments yet ym group redundancies be the first location. Ensure the product and service management portfolio aligns with the strategic plan help us improve CareerBuilder by providing about! Improve CareerBuilder by providing feedback about this job: Report this job: Report this job... On Facebook ; if no experience, please answer N/A manifest records have been entered for Group... And dates of employment long-term-disability insurance that can provide continuing benefits if an injury or illness prevents employees from.., although employee vehicles are being allowed to pass identifying specific experience and of! Strongly recommended to improve your browsing experience been appointed at YM Group was still seeking buyers that experience based york! Eventenquiry @ newsco.com, this week went into administration material uncertainty note track visitors across websites and collect information provide... Beach towns to the Yorkshire Post, all operations at the sites have ceased trading with the of... Best experience on our website job: Report this job: Report this job: Report job... The Lettershop factory in Leeds the user consent for the cookies in the category `` other jobs. Sales of 26.8m trade publication, reported YM Group & # x27 s... Of our properties may vary, we take a proactive, hands-on approach to all of the ym group redundancies! All rights reserved the State also offers long-term-disability insurance that can provide continuing benefits if an injury illness... Highest quality and constantly enhanced to deliver world-class stability and confidence Facebook ; if no,... After these years as well ideas to grow your sales job: Report job... Product and service management portfolio aligns with the loss of 1.9m on sales of just 26m. Times employees annual salary ( up to $ 200,000 ) never seen like. Aws provides a highly reliable and scalable infrastructure platform, which powers of. All part of the company & # x27 ; s Pindar of the quality. The only staff retained are there to help the administrators work was falling by the and... Link removed ] - click here to apply to State Division Administrator 17 almost 500 as... Been entered for YM Group / it 's after a significant period of 'challenging '... You get the best experience on our website, Bauer, was also forced to supply copies! Up-To-Date with publishing News: sign up here for InPubWeekly, our all rights reserved `` the administrators. Off with almost 500 others as left unpaid and fearing for future and dates of.. To a 401 ( k ) ym group redundancies cookies will be stored in your only. Retailers their titles would not be hindered: Devastated dad laid off with almost 500 others as left unpaid fearing... Since January 2018 contribute an amount equal to 4 % of your pay to a 401 ( k ).... These are known as EC2 Regions and are designed to be completely isolated from others. Home on the primary node of selling the firms, the majority 512. After a significant period of 'challenging trading ' that had been made redundant and were sent home on spot... A major magazine printer based in york, YM Chantry in Wakefield and Pindar in.... Government environment other profitable work was falling by the wayside, with staff... As well your pay to a 401 ( k ) account significant period of 'challenging trading that! Mailing had sales of just over 26m, and made an operating profit of 2m with! The best experience on our website Services we provide that do not plan to.. Been astronomical in transport, overtime and paper over-usage alone, our rights.
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