Silverscreen Print has been wound up after its receiver failed to find a buyer and its assets are being auctioned.
The 148-staff firm in Gateshead and Newton Aycliffe, County Durham, went into receivership in mid-August.
Ian Lester, a senior manager at PricewaterhouseCoopers, said: "We had a skeleton staff at both locations and it was almost impossible to interest buyers. The reality is there was almost no business there."
Bailiffs at Gateshead auctioned the printer's kit in late September. Details of kit sold was not available. The 2,500m2 building is for sale for 1.18m. Surveyor Naylors said a printer was interested in buying along with other firms, but would not reveal further details.
Gear at the Newton Aycliffe building went under the hammer on 10 October.
Story by Jez Abbott
Have your say in the Printweek Poll
Related stories
Latest comments
"Been there too!"
"Very True"
"Customers expect quality as a basic requirement so quality is no longer a selling point as its a given. Similarly so, accreditations are a nice to have and show customers that you are committed but as..."
Up next...
Digital will compete with analogue in most verticals
Digital print volume to grow 54% globally in next 10 years
Key trade fair and event location
Moss continues global expansion with new Spanish office
Expanding organisation
Girls Who Print Europe to launch at Fespa
High-speed fit-to-size packs