Telford-based Graphics and Design closes down
A print firm in Telford has gone into administration with the loss of about 40 jobs.
The loss of a major contract led to serious cash flow problems at Graphics and Print, administrators Baker Tilly said.
Jill Sandford, from the accountancy firm, said administration was necessary to protect the remaining assets to allow creditors to be paid.
She said 39 staff had been made redundant at the Hortonwood-based firm.
Ms Sandford said specialists were working with the staff to help them make claims through the government's Redundancy Payments Office.