Accountants at FRP Advisory are handling the affairs of the company, which is understood to have worked on the Galliford Try section of the the Athletes Olympic Village.

Working closely with the main contractor for the Athletes Village, United AG were contracted to design, fabricate and install aluminium curtain walling, windows, doors and winter garden systems.

Cladding work on the Athlete’s Village has been hit several times by company failures.

A week ago cladding specialist Parry Bowen also went down with the loss of 150 jobs, while a year ago architectural concrete cladding specialist Trent Concrete became the first major firm to go into administration on the Olympic site.

Meanwhile, Belfast-based cladding firm Alu-Fix has been placed in administration with the loss of 40 jobs.

While its registered office was in Larne in Co Antrim, the company mainly operated from offices in Belfast, London and Manchester.

It worked on the Aragon Towner in London and Barnsley Interchange.

Stephen Cave from PwC’s Business Recovery Services department in Belfast said: “Our immediate objective is to determine the precise financial position and the current status on live contracts.

“Unfortunately we have had no option but to make the remaining 20 permanent staff in Belfast and 20 permanent staff on GB sites redundant, with immediate effect.”