Kentish publisher’s archive saved for local history
IPA Insolvency Practitioner newsletter, November 2022
Contents
- Paul Smith, CEO
- Samantha Keen, President
- Ongoing monitoring and review of a business relationship – Reg 28(11) Money Laundering Regulations 2017
- AML 2021/22 Annual Report and 2022/23 Sector Risk Assessment
- HMRC update
- Lay members required for the IPA’s Anti-Money Laundering Committee, Disciplinary & Appeals Committee and Regulation & Conduct Committee
- IPA Roadshow roundup
- IPA Learning | Corporate Insolvency Review 2022 (CPD: 1.5h)
- Don’t miss the 14th Personal Insolvency Conference (CPD: 6h)
- IPA Awards: Nominees announced!
- Exclusive discounts on training from the IPA and our partners – make savings on essential CPD
- Membership and licence renewals
- NEW member benefit: Discounted meeting facilities from Office Space in Town (member login required to view)
- Save money on your airport parking with APH! (Member login required to view)
- Need new IT products? Claim exclusive IPA membership offers from Dell
- CPI training with BPP – special offer for IPA members (member login required to view)
- IPA exclusive industry update from Insolvency Insider
When a business becomes insolvent and is wound up, it is rare that its records are kept for posterity, as a lasting legacy of its contribution, in a publicly accessible archive. Many business archives can be vital to understanding changing landscapes, product lines and trends in society. One of the biggest challenges for archivists and academics on the Crisis Management Team (CMT) for Business Archives is ensuring that records at risk are identified and retrieved quickly once a business is liquidated. Often premises need to be sold or given up quickly, and material can be in immediate danger of disposal.
In order to raise awareness to administrators and liquidators of businesses, the CMT contacted the IPA to promote CMT guidance. As a result, the IPA placed a link on their website to the CMT’s best practice on the website Managing Business Archives, and published an article in their newsletter.
As a result of reading the guidance, Maxwell Davies, liquidators, contacted Richard Wiltshire, Business Archives Council representative on the CMT, on 21 June to let him know that Mail Publications Limited, a local publisher near Maidstone, Kent, would be going into liquidation the following week. Richard contacted Mark Bateson at Kent Archives and Local History, who went to survey the records on 24 June. Six days later, Mark returned to Mail Publications Ltd with KALHS Service Manager Sarah Stanley. Helped by the company’s co-founder and co-owner Claire Proctor, the two of them transferred relevant material to the Kent History and Library Centre.
Founded in 1997, Mail Publications was a major local news publisher and supporter of campaigns in the Maidstone and Malling area. The company’s main title was Downs Mail, (the reference being to The North Downs, the range of hills overlooking the paper’s distribution area). Mark and Sarah were able to rescue Downs Mail almost in its entirety, along with some minutes and financial records. Sadly, the firm’s photographic collection had been disposed of some years previously.
As in so many liquidation cases, speed really was of the essence – thanks to that proactive call from Maxwell Davies, the CMT was able to alert Kent Archives and Local History, who sprang into action with real momentum, ensuring that this unique local resource will be preserved for future research.
For further information and advice, please refer to: