British archive containing world’s largest collection of magazines enters Administration

A British archive containing the world’s largest collection of magazines is seeking a new owner after entering administration.

The Hyman Archive was started by James Hyman 30 years ago and now stores more than 5,000 different publications and 120,000 different issues from its base on Cadogan Road in Woolwich.

The archive, which also stores pamphlets, newsletters, brochures and other printed materials, was confirmed as having the largest collection of magazines in 2012 by Guinness World Records.

CVR’s Elias Paourou and David Oprey were appointed as joint administrators on February 5, 2018.

CVR will continue to manage the affairs, business and assets of the Hyman Archive as they search for a new owner of the company.

Elias said: “The Hyman archive is a truly unique business that offers a varied insight into the cultural history of Britain through its magazines and other materials.

“Although the archive was set up 30 years ago by James, it only began operating as a business in September 2014, and since then it has attracted various paying customers from the academic and media industries wanting to carry out research.

“We have already received several enquiries from potential buyers while we continue to value the business and its assets, so we would urge anybody interested in rescuing this great cultural asset to contact us as soon as possible.”

Interested parties should email ckilgour@cvr.global