A Dundee civil engineering firm has ceased trading with the loss of around a dozen jobs.
SGL Royle, which was based at Castlecroft Business Centre in Tom Johnston Road, was forced to shut its doors after a winding-up order was raised at Dundee Sheriff Court earlier this month.
The situation is understood to have been prompted by short-term cash flow problems.
The firm was set up in 2006 and was involved in a range of general construction and civil engineering projects in Tayside and beyond.
James Fennessey of Glasgow-based provisional liquidators Scott-Moncrieff confirmed 12 employees had been made redundant when the firm stopped trading.
He said work was continuing to establish the size of the losses that had been incurred by SGL and attempts were being made to realise the assets of the business including any outstanding balances for work which was completed for private contractors to provide a return to creditors.
”It was a civil engineering business and the company was placed into provisional liquidation on November 9,” Mr Fennessey said. ”Our job as liquidators is simply to recover as much as we can in terms of assets, realise those assets and try to make a distribution to all parties in order of preference.
”There were 12 employees and they have all been made redundant.”