A well-known Liverpool building company with debts of £5.9m is set to be dissolved.
Crossfield Construction is now in liquidation and law firm Begbies Traynor has been appointed to manage the company's affairs. Crossfield Construction is the building arm of Liverpool's Crossfield Group.
Founder David Cain has told the ECHO that the decision to place Crossfield Construction into liquidation was due to 'external factors.' Mr Cain said job losses could be avoided if the parent company Crossfield Group Ltd secured the 'right funding.'