Most of the firms 210 employees, including group managing director Gary Kiernan, were laid off by administrative receivers from Andersen last week.
As PrintWeek went to press Andersen had still not officially commented on the companys status. Its only statement was issued on the day it was appointed (23 January). A further statement was expected to be released after PrintWeek went to press.
Sources close to the company believe it is still possible that part of the business may be salvaged.
No buyers have yet emerged for the firms equipment.
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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."