Solihull contractor Greswolde heading for administration

The £20m turnover company’s website and social media profiles are also down.

The notice comes a year after new investors took over the running of the firm.

Last August construction engineer Perry Stewart and former PWC Chartered Accountant Shaun Walsh invested in the business as former owner Malcolm Priest stepped back.

Priest bought Greswolde Construction Ltd in 1995 but “felt the business should be less dependent on him and that the time was right to build a larger, stronger senior team to take the business to the next level.”

Laat summer Stewart said: “We’ve bought into a fantastic company that has a great team, so the potential is immense.

“With such a great company and solid, talented colleagues, if we don’t double the turnover in three years I’ll eat my hat!”

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