Qwerty100, formerly known as McGill Scotland, is facing the prospect of administration, four years after being rescued.
William Duncan Business Recovery was appointed earlier in the summer as interim liquidator, following a petition by HM Revenue & Customs at Dundee Sheriff Court.
"Attempts to establish the extent of the company’s assets and liabilities have been hampered by the company directors’ failure to respond to all requests for information, of which there have been many," read a statement, which added that anyone owed money should contact William Duncan's office.
The Dundee-based construction business previously went into administration in January 2019, with 400 staff losing their jobs. Now 120 roles are at risk.
In March 2019, McGill's assets were bought out of administration for around £1m by Catalus Energy Investments, part of the United Capital group owned by Graeme Carling.
However, Qwerty100's working capital facility with Lloyds Bank had now been withdrawn, due to a change in perceived risk in the construction sector.
A spokesperson for the company said: "With such a quick reduction in working capital, the company is facing significant operational challenges and the board of directors at McGill have appointed a specialist corporate restructuring firm to advise.
"On Friday, the business filed a notice of intent to appoint administrators with the Court of Session.
"McGill continues to operate, delivering work for clients across Scotland, whilst the restructuring company works to find the best route forward."
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