Devon contractor Blight & Scoble has ceased trading, with the loss of up to 50 jobs.
The Buckfastleigh construction company laid off all its employees last week, and has been placed into liquidation.
It is not known how much the firm owes to creditors.
Insolvency specialist Bishop Fleming, which has been appointed to manage the liquidation process for Blight & Scoble, issued a statement saying: "Due to difficult trading conditions the company ceased to trade on 26 August 2010, and all employees were made redundant at that time.
"Jerry O'Sullivan and Sam Talby, of Bishop Fleming, are advising the directors regarding the company's financial position and assisting with the formalities to place the company into liquidation.
"Meetings of the company's members and creditors are to be held on Wednesday, September 8, at the Devon Hotel, Exeter, when the company will be placed into liquidation and a liquidator appointed."
Blight & Scoble was established in 1895. It employed 50 people across Devon.