"Myself and my staff were made redundant last Friday," said Robert Stimpson, managing director of the 35-staff firm in Lowestoft, Suffolk.

"We have a creditors meeting next week and will formally be put into liquidation. Bad debt and the loss of our biggest customer pushed us over the edge. It's very tough."

The company produced leaflets and brochures for customers on a single-colour Heidelberg press and binding gear, including Horizon, Polar and Muller Martini machines.

Ipswich accountancy firm Ensors has been handling the liquidation, said production manager Nathan Moore.