A construction services firm with offices in Bristol, Cardiff and Tiverton in Devon, has fallen into administration with the loss of 30 jobs.
Dribuild, which is based on Hawkfield Way in the city, collapsed on Friday, October 4, after facing "insurmountable" funding challenges.
Neil Vinnicombe and Simon Haskew of business recovery firm Begbies Traynor were appointed to manage the administration.
Dribuild worked across the commercial, education, healthcare, hotel, leisure, rail, residential and retail sectors on projects ranging from £10,000 to £10million.
The company is behind Stafford train station's refurbishment, the 海角视频's largest brown bears exhibit in Bristol, residential development Victoria Place in Newport and Lidl in Swansea.
The company is currently engaged in nine live commercial construction projects. Five of the company’s 35-strong team are being kept on by Begbies Traynor while the administration proceeds.
Neil, partner at Begbies Traynor in Bath, said: “It is always sad to see a business with a strong reputation and order book succumb to financial difficulties, especially when there are redundancies involved.
"As such, we are hopeful of working with existing customers to assist them to complete contracts in progress and help as much of the business’ highly skilled workforce as possible to find alternative employment.”
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Dribuild was founded in 2008 and just last year was named on the London Stock Exchange’s 1000 Companies to Inspire Britain.
For more information on the administration, contact Neil Vinnicombe at bath@begbies-traynor.com.