The administrators have said that the business faces "real risk of imminent closure". The company had been seeking additional funding, especially following the petition, but this had not been successful.
We are not involved in the administration and questions should be directed to PWC who are handling the administration.
If you are an employee of the business, and are worried, then please listen to the video below as it will tell you your rights as an employee of a business that is insolvent. There is a link at the end of the video to the Government website which expands further on what you need to know.