The melbourne-based trade services firm, a $7 million-turnover company that is one of the largest pre-press houses in the country, appointed Leonard Milner of Venn Milner as liquidator.

Staff, clients and suppliers were informed yesterday.

Pageset has faced a number of challenges in recent months. Major client McPhersons’ relocation out of Melbourne late last year was thought to have squeezed Pageset’s sales.

Bad debts have also played a major role.

The failure in March of book printer BPA also represented a bad debt of $130,000 to Pageset, according to BPA’s receiver, Deloitte, though it now appears the actual figure could be as high as $160,000.

BPA has since been bought out of receivership by unrelated company NewTone, while BPA’s former directors, Brett Turnley and Graham Burgess, have registered a new business, Kandooit Creatively.

Pageset has also had to wear a number of other bad debts in the past few years.

[Feature: Knock-on effects of bad debt]

John Della, Pageset’s managing director and a well-respected industry figure, told ProPrint he had pursued every option to try to save the business, including selling real estate, but was ultimately advised that a liquidation offered the best chance…