Prior to administrators being appointed, reports stated YM Group was seeking a buyer and that it had asked staff to continue to work. Duties are met with a combination of daily, weekly, monthly, quarterly, and annual activities. 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. Hear all the latest news from across the UK on the hour, every hour, on Greatest Hits Radio on DAB, at greatesthitsradio.co.uk, and on the Greatest Hits Radio app. Sales are 114.8m, operating profit is 1.65m (prior to exceptionals, 64,000 after), bottom-line loss is 7.6m, 2021 YM wins DMG Media supplements contract for Weekend and You magazines. The site employed 274 people. Last week, FRP Advisory was appointed as the administrator for three of YM Group's printing firms in Scarborough, York and Wakefield. Necessary cookies are absolutely essential for the website to function properly. The three companies are all part of the YM Group. Without the prospect of investment or a sale, the companies have ceased to operate and the majority of 512 staff have been made redundant. All rights reserved. to notify the Minister for Enterprise, Trade and Employment of the proposed collective redundancy. Meanwhile, other profitable work was falling by the wayside, with some jobs handed back to commercial clients. E: stephen.farrell@newsco.com, Andy Slim, Managing Director, North Oversee budget and financial activities. Access to York Mailing is still being blocked by pallet supplier Showcase Pallets, although employee vehicles are being allowed to pass. Please verify your age to view the content, or click Exit to leave. From urban centers to beach towns to the great outdoors, the opportunities are endless. Initial member registration approval can occur one of two ways. It is devastating for all those who worked there and have sadly lost their jobs this week. impacted staff in making claims to the Redundancy Payments Services. 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. We will work with staff to access redundancy support.". By using our services, you agree to our use of cookies. It will be used as the primary source for the review of your qualifications. Learn how the right technology solutions takes your organization to the top level of efficiency. 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 . Many State of Michigan jobs offer alternate work schedules and remote-work options that can help give the flexibility you need. 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. VideoRescuers search wreckage of deadly Greece train crash, Blackpink lead top stars back on the road in Asia, 'Wales is in England' gaffe sparks TikToker's trip, Ukraine war casts shadow over India's G20 ambitions, Record numbers of guide dog volunteers after BBC story. YM Chantry Ltd / YourMemberships DNS employs anycast addressing, which routes DNS requests to the closest geographic location. T: 0844 980 0183 Attach a resume identifying specific experience and dates of employment. Oversee workforce and talent management. MA Business is part of the 2023 Membership Services Ltd. All rights reserved. Customer data is stored on a server configured with redundant storage, allowing for no service interruption in the event of a single disk failure. If you indicated you have experience reviewing and implementing IT procedures and standards within a government environment, briefly explain the compliance controls that you have experience implementing. Related to YM Group. YM Group / Or by navigating to the user icon in the top right. UPDATE: FRP Advisory has now issued a statement regarding its appointment. This cookie is set by GDPR Cookie Consent plugin. The Registered Agent on file for this company is Csc-Lawyers Incorporating Service (Company) and is located at 601 Abbot Road, East Lansing, MI 48823. For the assigned area, the Division Director is responsible for the coordination and direction of work for a team of both state employees and contract staff. 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 The BBC is not responsible for the content of external sites. Hard copy applications are not accepted. Chantry was, according to people who worked there at the time, loss-making under Polestar, and it remained that way under the ownership of YM, which inexplicably took on the plant without the necessary level of customer commitment for it to be viable from the outset. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. How many years of experience do you have developing strategic plans? Salaries, reviews, and more - all posted by employees working at YM Group. Pindar, which is part of YM Group, has ceased trading from today (Thursday 31 March). 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. All members must maintain a username and password for community access. How many years of experience do you have interacting, supporting, and representing Executives/Decision Makers? 25 million members interact with YourMembership through their associations and nonprofits 1 in 4 professionals of small staff associations use YourMembership daily 2+ decades of experience partnering with membership organizations Explore the 10 reasons why organizations choose YM For further information regarding Insider events, please use the contact details below: T: 0161 907 9758 Education level typically acquired through completion of high school and three years of safety and regulatory or law enforcement experience at the 14 level; or, two years of safety and regulatory or law enforcement experience at the 15 level, may be substituted for the education and experience requirements. What's he waiting for? Police urge residents in Scarborough to check gardens following thefts, Councillor calls for pause in housebuilding in Harrogate amid huge new development plans, York: woman punched and robbed in North Street Gardens, Snow forecast for York - Sudden stratospheric warming explained, Scarborough's Hollywood Plaza screens mini-festival of award-winners including All Quiet on the Western Front, 200 Years of Collecting: Whitby Museum exhibition to mark bicentenary is open, Dozens killed after two trains collide in Greece, Survivors describe 'nightmarish seconds' as trains crashed, Rescuers search wreckage of deadly Greece train crash. Around 600 jobs are on the line at the factories, based on YMs most recent accounts, for the year ending 31 May 2020. YM Group has hired administrators for companies it owns in Scarborough, Wakefield and York, The latest Scarborough news and updates straight to your inbox. York Mailing is based in York, YM Chantry in Wakefield and Pindar in Scarborough. Friday, April 22, 2022. At York Mailing, sales were just above 26m for the same period, with a 2m profit and 108 staff. Regrettably, the insolvency has led to redundancies at what we know will be an extremely difficult time. "Regrettably, the insolvency has led to redundancies at what we know will be an extremely difficult time. Mike Greene, Scarborough Borough Council chief executive, said: The closure of Pindar, a company with a long and illustrious history of employment in Scarborough, is a huge blow for the town. and all of the company's staff have been sent home and made redundant. It's not clear why Pricoa, the financial backer of the near-115m turnover group, has decided not to provide it with further funding. A printing firm in Scarborough has gone into administration with majority of staff being made redundant. Video, Record numbers of guide dog volunteers after BBC story, Ed Sheeran says wife developed tumour in pregnancy, Covid origin likely China lab incident - FBI chief, Trump lashes out at Murdoch over vote fraud case, Beer and wine sales in Canada fall to all-time low, Ancient mummy found in delivery man's bag, Finland starts construction of Russia border fence, Daily walk prevents one in 10 early deaths - study, Drone crash near Moscow was failed attack - governor, LA agrees to pay Kobe Bryant widow almost $29m. Learn 5 simple things you can do to make the move to new software easier for your association. VideoRecord numbers of guide dog volunteers after BBC story. The companies had been subject to an accelerated marketing process in recent weeks to secure a buyer. However, at the time Printweek, a trade publication, reported YM Group was still seeking buyers. at Creative Services The three companies are all part of the YM Group. Keep up-to-date with publishing news: sign up here for InPubWeekly, our City. Absorbing the work causes massive disruption to other customers across its web offset businesses. The EC2 locations are called Availability Zones. Security measures are implemented at multiple layers and designed to protect against DDoS, XSS and SQL Injection type attacks, and has explicit policies to block unwanted traffic from within or outside the network. The state also offers long-term-disability insurance that can provide continuing benefits if an injury or illness prevents employees from working. Join YM for 15-minute demo to learn how to save staff time with an all-in-one member management system. Ive never seen anything like it, its disgusting. If applicable, attach a copy of an official transcript(s). 2023 Community Brands Intermediate, LLC. It does not store any personal data. Help preserve and protect our environment and the public health; enforce state laws and regulations; advocate for children, families, and victims of discrimination; support our states military and veterans; rebuild our states infrastructure; or support other state agencies through our fiscal, IT, and HR systems. Tax-Advantaged Programs:In addition to 401(k) and 457 retirement accounts, the state also offers flexible spending account (FSA), health savings account (HSA), and qualified transportation fringe benefit (QTFB) programs that can help you save money by reducing your taxable income. The state will automatically contribute an amount equal to 4% of your pay to a 401(k) account. With no prospect of selling the firms, the majority of 512 staff had been made redundant, FRP Advisory said. These are known as EC2 Regions and are designed to be completely isolated from the others. 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