M&E contractor MJN Colston's fall into administration has led to the loss of 148 jobs, but administrator Deloitte hopes that a buyer can be found for the company.
In a statement, joint administrators Daniel Butters and Matt Cowlishaw, said: 'We intend to trade the business in the short-term with a view to selling and novating the contracts to other providers.
'We will continue to work with the company's suppliers and customers and will seek to find a buyer for the business and assets to minimise disruption.'
Among the high profile contracts in which the company has been involved are Arsenal Football Club's Emirates Stadium, the Savoy Hotel in London, the Royal Festival Hall in London and the Welsh Assembly building in Cardiff.
