Administrators from Begbies Traynor were called in at the historic family-owned specialist contractor which has worked on major property regeneration projects in Liverpool since 1971.

Past clients included Laing O’Rourke, Downing and Bramall Construction on jobs like the One Park West flats, Capital Building offices and the refurbishment of the Museum of Liverpool.

Cull and Griffiths was founded by Eric Cull in 1971 and specialised in plastering, drylining and partitioning. Following his death in 2011, his son Eric Cull Jr and William Griffiths took control of the firm. Both have been with the firm more than 50 years.

Paul Stanley, Administrator and North West regional managing partner at Begbies Traynor, said: “Unfortunately, the business was affected by the loss of a couple of key contracts and stiff competition in the marketplace.

“After examining all options, the directors were faced with no choice other than to place the company into administration. We are engaging with creditors and will update interested parties on progress.”