TRUST MEDIA DISTRIBUTION, the Carlisle based Christian distribution company that took on the mantle of STL Distribution after the company collapsed in 2009, has itself now entered administration. A source from within the company, who did not wish to be named, indicated last night that all staff — including the entire customer service team and most of the warehouse staff — had been made redundant with immediate effect apart from a small team retained to help with the final wind up.
At the time of preparing this report, no official information from the company or the administrators, Scott-Moncrieff, about the situation had been released; notice has been posted since, however, via an image file in the footer of the company’s website as follows:
The affairs, business and property of the Company are being managed by the Administrators, who act as agents of the Company only and without personal liability.
Stewart MacDonald is authorised to act as an insolvency practitioner by the Institute of Chartered Accountants of Scotland. Pamela Coyne is authorised to act as an insolvency practitioner by the Institute of Chartered Accountants of England and Wales.
Prayers for all those affected — many of whom have been with the company for more than 10 years — have been requested.
Whilst the situation is dire for staff losing their livelihoods, the company must nonetheless be applauded for taking what appears to have been preemptive action by returning stock to a number of publishers and suppliers before the administration process kicked in, thereby helping to avert what could otherwise have been catastrophic damage to the wider trade. According to today’s report in the News & Star, however, it seems that the decision to call in the administrators was in part triggered by the departure of one of these companies:
A TMD spokeswoman said the move was linked to changes introduced by a business partners [sic] which had decided to bring distribution and wholesale elements of its business “in house” in the UK.
The report also notes that according to a member of the administration staff, “The business is still ongoing at the moment”.