A spokesperson said: “There has been an initial interest in a sale. The receivers have already met several interested parties.”
The spokesperson added that the firm had experienced cash flow difficulties on contract work. The firm, founded in 1872, operated in England as well as Scotland.
The firm, which also specialised in furniture manufacture and fitting for hotels, made a pre-tax loss of £23,819 on turnover of £5m in 2001. The firm claimed it would more than double in size in 2002 to £11m.
The receiver was appointed last month.
The firm said its turnover for the first quarter of 2002 was £2.3m, which was mainly from its new business of offering clients a design, develop and build contract for the hotel and leisure sectors.