Customers who have placed orders could also suffer, as it appears unlikely that the business will survive as a going concern.
The Daily Mail reported that insiders at the department store felt that administration was a near certainty despite last-ditch talks.
Allders, owned by Minerva, has been up for sale for a month now, but buyers have been hesitant to take over the pension liabilities.
Allders owns 45 department and homeware stores, but has suffered losses of £27m for the financial year to June 2004.
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks
The firm reports 7.6% global fee income growth for the year ending 31 December 2016