Barry Sugrue was found by police in rural Worcestershire with fatal wounds.
He had previously worked with Thomas Vale Construction and was until recently a company director with fit-out firm CPL Interiors PLC, in Birmingham.
The £21m turnover firm, based in Halesowen, was placed in the hands of the receivers just before Christmas and all 65 staff were laid off before the holiday period.
The Worcester News reported that the married 38-year-old was found at home at about 8am yesterday with a gunshot wound and taken to the Alexandra Hospital in Redditch.
Sgt James Clifford said there was “no risk to the local community”, following the incident adding that “nobody has been arrested”.
The death is not being treated as suspicious.
Several police cars were called to the house and scene guards posted at the entrance to the barn conversion in Priory Farm Lane on the village outskirts.
A woman was driven away from the house at about 10.20am.
A neighbour, who declined to be named, said the couple living at the house had been “good as gold”.
The converted three-bed barn where Sugrue was found has few neighbouring properties and views across rolling open fields.
It is currently on the market with a local estate agent for £350,000.
Worcestershire coroner Geraint Williams has been informed and an inquest will open shortly.