It cited the strength of sterling, a competitive market and a tightening of credit terms as factors in the administration.
The groups last set of accounts, to 31 December 2000, show pre-tax losses of 2.2m on sales of 43.7m. Its board called in Kroll Buchler Phillips on 16 July.
Administrator Anthony Beveridge said that despite there being no confirmed interested parties, he was hopeful a sale could be completed soon to safeguard the remaining 190 jobs.
SJPs most widely known range is the Taktik label brand, which is stocked by Robert Horne and Antalis in the UK.
