One of the UK’s leading independent manufacturers of office filing products, Setten and Durward, has gone into administration.

The company’s range of products includes ringbinders, lever arch files and boxfiles, which it distributes to stationery suppliers and wholesalers as well as the retail industry. As it is one of the largest employers in the county of Powys, Wales, local politicians fear for the 150 jobs at the plant.

Setten and Durward has yet to comment, but it will continue trading until a buyer is found.