Administrators have said they will be making 40 redundancies at the Midland china firm Royal Worcester and Spode, which collapsed on Friday.

Heritage firm Royal Worcester – which has a history stretching back hundreds of years and is one of the world’s best-recognised china brands – went into administration after it failed to sell a key factory in Stoke-on-Trent.

The company’s 388 staff, who worked at sites in Stoke, Worcester and Lymedale, were told there would be 22 redundancies at the Worcester site, three at the Lymedale site and 15 at the Stoke site, following an urgent review of the requirements of the business.

Administrator Matthew Hammond, of PricewaterhouseCoopers, said the redundancies were not voluntary, but had been made through a selection process, and all the people affected had been informed.

He said PwC did not anticipate any further job losses, and would be working with staff at the site to try to keep the business running smoothly while the administrators looked for a buyer.

There had already been a large amount of interest from potential buyers around the world, he added.