Iconic cake manufacturer on the brink

The Aussie company, Big Sister Foods, that's been baking cakes for nearly 70 years, is on the brink of collapse, putting 100 jobs at risk.

PPB Advisory were on Wednesday appointed receivers of the company, which was established in 1945 and manufactures fruit cake, fruit mince pies, muffins and cupcakes.

"We are undertaking an urgent review of the business with a view to preparing Big Sister Foods for sale as a going concern," PPB Advisory's Daniel Walley said in a statement.

Mr Walley said the firm was keen to talk to any parties interested in acquiring all or part of the food manufacturer.

"We will work with all stakeholders including employees and their representatives, customers and suppliers to ensure the business continues to operate effectively," he said.

Big Sister Foods employs about 100 people across two NSW manufacturing sites.