Tyrone Courtman and John Edwards, of insolvency practitioner Cooper Parry, were appointed as administrators for Business Forms & Design on 14 August.
According to insolvency administrator Ben Connor of Cooper Parry, all the printer's staff have been made redundant and a sale of the business as a going concern is "unlikely".
Derby print management business MF Birch, which shares directors Nigel Birch and Andrea Priestley with Business Forms & Design, is unaffected by the closure.
Birch said: "We have worked with Heritage for the best part of 20 years, it is a very sad situation. There are staff there that we have known for a very long time."
- Leyton-based MMR 600, which trades as Heritage, is in no way connected to Business Forms & Design.