More than 70 workers have lost their jobs at a Burnley company after administrators were called in.
PCS Brands Ltd, which makes metal bake ware, cookware and wine racks, has made 73 employees redundant from its factory in Elm Street and retained just 19.
Will Wright and Paul Flint from KPMG have been appointed joint administrators, and are hoping to find a buyer for the business.
They have retained a skeleton workforce at the various production and warehousing facilities whilst stock levels are realised.
The business, which employs around 300 staff, operates from a number of production facilities in the UK located in the West Midlands, Lancashire, Norfolk and Yorkshire and has its head office is in Acton, London.
The business also operates a retail division via 30 outlets in the UK, and one in the Netherlands.
Paul Flint, partner at KPMG and joint administrator, said: “Unfortunately the PCS Brands Ltd has experienced significant trading difficulties for a while and has been unable to sustain the business resulting in our appointment as administrators.
“The business has a number of retail and wholesale outlets across the UK and we are very keen to hear from anyone who may be interested in purchasing all or part of the business and its stock.
“We have retained staff to help us fulfil current orders and support customers during this time, but have unfortunately had to make some redundancies across the business.
“We would encourage any interested parties to contact the joint administrators as soon as possible.”