The departments affected include two finishing areas at its paper mill in Hendon and a stationery shop in the city. The company has a total workforce of 550.
In a statement the company said: Trading in the remainder of the company is steady and under the proposal a number of employees from the affected areas would be transferred to other departments.
The company, which was founded in 1867, has supplied the bingo industry since 1957.
Story by John Davies
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"This is a repeat of what happened to 1066 Capital t/a Crystal a year ago. They also never put this company in administration.
We are all still left unable to claim the redundancy and notice pay owed..."
"Totally agree"
"Best wishes to everyone involved. Nice to have a good story to read in Printweek."
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