Management and staff are still in discussion about the exact number of job losses.

The Birmingham-based firm fell into administration earlier this month, for the second time in just over a year.

Carrs was bought from administrator RSM Robson Rhodes in July last year by Carrs Holdings, set up by a management team led by ex-managing director Keith Lewis, who left three months later. The new firm split the operation into Carrs Products and Carrs Rapaid, a packaging operation that is still trading.

Rapaid sales and marketing director Tony Davies said it was a sad day when the firm decided to end production at Carrs Products, the last carbonless paper maker in the UK.

"In the digital carbonless paper market, we were not making money and were never going to," said Davies.

The company has now made its Ximage carbonless paper product and related equipment available for sale or transfer.

A creditors meeting on 23 November, as PrintWeek went to press, could lead to the company being placed into liquidation.

The firm's merchant stockists in the UK are James McNaughton, PaperCo and Premier Paper.

Carrs Products had a capacity of between 20,000-30,000 tonnes per year.