Llandrindod Wells stationery firm makes 66 redundant

Ring binders and files
Image caption The company is trading with a skeleton staff, say administrators

A total of 66 people have been made redundant after a firm making office stationery in Powys went into administration.

IXL 2008 Limited, of Llandrindod Wells, makes lever arch files, box files and ring binders which are sold worldwide.

Administrators ReSolve Partners LLP said IXL continued to trade with a skeleton workforce, which was fulfilling "existing orders".

Plans are to sell the business as a going concern.

ReSolve Partners LLP confirmed that 66 people had lost their jobs at IXL 2008.

It is not the first time the company's workers have faced redundancy.

Its previous owner, Setten and Durward, was placed in administration in February, 2008, but 150 jobs were saved when the firm was bought as a going concern by ZCOM Limited two months later.

In a statement, ReSolve Partners LLP said: "I confirm that Cameron Gunn and Mark Supperstone of ReSolve Partners LLP were appointed as joint administrators of IXL 2008 Limited on the evening of 1 February, 2011.

"The company continues to trade in administration with a skeleton workforce who have been retained to fulfil existing orders.

"It is the intention of the administrators to complete a sale of the business and/or assets as a going concern at the earliest opportunity.

"Any interested parties should contact ReSolve Partners LLP as a matter of urgency on 0207 702 9775."

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