The majority of jobs have been saved at a flexible films distributor following a pre-pack sale.

Chris Skey and Kerry Bailey of BDO LLP were appointed joint administrators of Plasto-Sac UK Limited and Cloudside Associates Limited on 22 December 2025. Plasto-Sac UK Limited, owned by Cloudside, operated from a warehouse and distribution facility in Skelmersdale with a head office in Congleton.

The business employed 26 staff, distributing flexible films, technical films and corrugated products. Cloudside was predominantly a property holding company and had no employees. On appointment, the joint administrators completed a pre-packaged sale of part of Plasto-Sac UK Limited’s business and certain assets to Terra Nova Flexibles Ltd.

Chris Skey, one of the joint administrators, said: "Plasto-Sac UK Limited has faced significant cash flow pressures in recent months. In response to its financial position, BDO LLP was engaged to market the company's shares, business, and assets for sale. Despite a marketing period of several weeks, no offers were received to support a solvent going concern sale.

“However, offers were made for parts of the business and assets through a pre-packaged administration process. Following a review, an offer from Terra Nova Flexibles Ltd for part of the business and certain assets has been completed safeguarding the majority of jobs."