Dundee-based building contractor McGill has collapsed into administration, putting hundreds of jobs at risk.
Workers were told the news at meetings in Dundee, Edinburgh and Glasgow this afternoon.
The firm employs about 450 staff, with 200 in Dundee and the rest in Edinburgh and Glasgow.
The company works across commercial, residential and the education and healthcare sectors and has been involved in a number of high-profile building projects including Dundee’s Olympia Leisure centre.
The firm, headquartered in Harrison Road, has been operating for more than 30 years.
McGill has been involved in many major building projects in Dundee in recent years.
Only last month it announced that its second new build-development of eight homes at Fairmuir Road is well underway.
Its first development was five homes in Dundee as at the site of a former nursery in Cotton Road.
In December 2017 McGill was awarded a £300k contract to carry out the electrical work on Phase 2 (Block B) of the new build luxury waterfront apartments on Riverside Drive, Dundee by H&H Properties (UK) Ltd.
McGill has been part of the Robertson team delivering schools for the past 10 years and its most recent projects include Timmergreen Primary School, Arbroath, Sidlawview Primary School, Dundee and Baldragon Academy, Dundee.
Current live projects include Kinross Primary School and Coldside Primary School, Dundee.
McGill has been employed more than 300 apprentices since the early 1980s. Apprentices become electricians, plumbers, heating engineers, security engineers, fibre optic engineers and administrators.