According to administrator KPMG, Louis Drapkin, which printed brochures and leaflets, owed unsecured creditors around 700,000.
Joint receiver Mark Orton told the Birmingham Mail that the firm went into receivership due to falling turnover and squeezed margins.
"It was a family business and the management team were understandably very upset to see it go," he said.
It follows the fall of another long-established printer in the West Midlands, Albany House, before Christmas.
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"It's wrong to assume the Chinese are behind the curve on automation - it used to be the case that manual processes were kept becuase it was cheaper to use them than buy the automated equipment,..."
"Incredible, what a business!"
"Sad news. Their prices were unsustainable - it was a race to the bottom."
