Geoffrey E Macpherson Limited, the supplier of textile machinery, embroidery yarn and consumables has called in the administrators after facing financial difficulties over its pension deficit.

The Nottingham-based company employs 18 staff and has an annual turnover of around GBP3m.

Stuart Maddison, joint administrator and partner at PricewaterhouseCoopers in the East Midlands, said: "With the support of key customers and suppliers we are continuing to trade the business as normal while we look for a buyer for all or part of the business."