G&H Web Offset, the printing subsidiary of the G&H group, has
entered administration after what bosses said has been an "extremely tough" two years.
The company temporarily laid off all 36 staff last month, anticipating bringing them back on 12 May. Administrators were called in on May 11, however, and the Liverpool plant has ceased operations.
Stephen Clancy and David Whitehouse, of MCR, have been appointed as joint administrators and are seeking buyers.
G&H bosses said administration was unavoidable as they were about to start losing £150,000 a month and could not enact any workforce reduction plans.
Managing director, Earl Hawley, said: "It is with great regret that we have had to take this action and, apart from the loss of jobs, we are also mindful of the losses to our suppliers.
MCR will hold a meeting with staff and union representatives on Tuesday to discuss the future. A business for sale notice issued last Tuesday revealed the company had a turnover of £10.2 million in 2008 and £7.7 million in 2009.
Unite officer, Alison Jones, said: "Members have given everything to the company and obviously, for us, the best case scenario will be for a buyer to be found.
"However, the administrators have given us assurance that if it does close on Tuesday, employees will be able to claim unpaid wages for the two weeks they didn't work."
G&H's other companies, including G&H Sheetfed and G&H Mail, are unaffected.
