Hallam Contracts in Leicester has gone into administration with the loss of 105 jobs.
One of the oldest building firms in Leicester, established 90 years ago, Hallam was working on up to 15 large projects, including a 42-home job in Coventry, £12m contract for student accommodation and a £3m health centre in Leicester.
Family directors called in administrators Begbies Traynor after facing a winding up petition from a subcontractor, reported to be owed £500,000.
The owner of a south Leicestershire company, which is owed about £50,000 by Hallam, told the Leicester Mercury he was unable to pay some of his workers as a result.