Administrator SFP is continuing to run the 10-year old business, which employs around 40 staff, in the hope of finding a buyer.
Daniel Plant, partner at SFP, said: “We are already in discussions with a number of potential purchasers and are looking to achieve a sale of the business as a going concern.”
TWC is working a big contract for B&Q and has an estimated annual turnover of more than £6.5m.