The Frome-based book and commercial printer has been suffering from short-term cashflow issues due to "incredibly tough" conditions in the book market and is undertaking a review of its cost base.
Until the financial review is complete the firm said it was not in a position to discuss what form the restructuring would take.
A spokesman said: "We have strong assets, this is nothing to be concerned about."
Have your say in the Printweek Poll
Related stories
Latest comments
"I'll give it a week Ray!. I'm sure you won't be able to sit twiddling your thumbs for too long. Thanks for the support you've given over the years, always accommodating and willing..."
"And here's me thinking they bought the Docklands Light Railway."
"15 x members? Why don't they throw their lot in with the Strategic Mailing Partnership (SMP) and get a louder voice?"
Up next...

Excited about fresh opportunity
Nick Stagg takes up new role at Augustus Martin

Uses new Aquafuze ink
Equinox Group embraces 'performance, planet and partnership' with first Acuity Triton

Growth to slow over next two years
UK ad spend rose 10.4% in 2024

Returning capital to shareholders