A source close to the situation told Printweek that the factory was shuttered on Friday afternoon (8 December), with all 90 staff laid off.

The company had become the latest in a string of PFI Group companies to hit the buffers, with a Notice of Intention to Appoint Administrators filed on 6 December, and FRP Advisory yet again in the frame to be appointed.

However, at the time of writing Printweek understands FRP admins have not yet been formally appointed.

Posting on LinkedIn yesterday, Works Manchester managing director John Prior said: “Today, we bid farewell to a company that has been a part of our lives for so long. While it's a very sad moment, let's reflect on the good times. We've learned so much, shared successes, and faced challenges that will only make us stronger in the future.”

Prior had worked at the business, and Printing.com and Grafenia before it, for 23 years.

“We've had the opportunity to work with outstanding suppliers, service brilliant clients, and be supported by the best sub-contractors around,” he said.

“I'm grateful to have crossed paths with so many amazing people throughout the years. To my teammates, thank you for making this journey unforgettable. I'm lucky to have made some friends for life.

In an apparent reference to events over the past year, he noted: “While we've witnessed some of the worst in people, the vast majority of my colleagues have only reinforced my faith in humanity. You should all be immensely proud of yourselves and move forward with your heads held high. I am very proud to have worked alongside each of you.

“So as we close this chapter, I wish everyone good luck in everything their futures hold. Here's to a much better 2024!”

PFI Group acquired Works Manchester from Grafenia, now Software Circle, in May 2022 in a £3m-plus deal. But PFI failed to make the agreed payment schedule, which further complicates the current situation.

It’s not clear if an attempt to sell the business, which is well-invested, will be made or not.