Western Australia-based print broker WPM group has collapsed and is in liquidation, and attributes the failure to a ‘fast downturn’ in clients.

WPM previously provided work for the WA state government and mining clients, and has reportedly gone into liquidation with debts topping $220,000.

Director Neil Clark released a public statement on his LinkedIn account, citing lack of work from clients as the reason behind the company’s liquidation.

The statement reads: “Due to an extreme and fast downturn in our Government and mining clients spend we have had to liquidate WPM Group.”

Perth-based group Pitcher Partners is managing the liquidation, and managing director Bryan Hughes says WPM continued to fill orders in October 2015 after sales collapsed in September, under the belief the business could recover. 

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