Scottish bakery Morton's Rolls is understood to have ceased trading after missing a deadline to file accounts.
In a letter to staff on Friday, the firm wrote that employees would be "laid off with immediate effect".
The Glasgow-based bakery, which employs around 250 people, said that "no final decision" had been taken on redundancies but all jobs were at risk.
Companies House states on its website that there is an "active proposal to strike off" the firm.
Morton's Rolls accounts for the year to 31 March 2022 were required to be filed by 31 December and are now overdue.
Last month, compulsory strike-off action was suspended on 9 February, two days after it was announced by Companies House.
But in the letter to staff on Friday, the firm wrote: "The company is ceasing to trade with immediate effect.
"The directors have taken steps to ensure that the business can continue in some form.
"But it is likely that this will be with a reduced workforce across the business."
https://www.bbc.co.uk/news/uk-scotla...iness-64834929
---------------------------------------------------
There won't be anyone from Glasgow that is not familiar with their rolls