The firm’s parent company Laidlaw Interiors was placed into the hands of administrators from Deloitte last Friday.

A deal has already been struck to save parts of the £128m turnover business.

But a buyer is still to be found for Leaderflush Shapland.

The Laidlaw Group employed 969 staff and 390 jobs have been saved after four divisions were bought by London-based investment house Valtegra.

The firm has snapped-up Longden, Fitzpatrick, Komfort and Cubicle Systems.

Deloitte is still looking for buyers for Leaderflush Shapland, Laidlaw Ironmongery and Balustrading Solutions.

Joint administrators Richard Hawes said: “The management of the group has been working hard to explore options to secure the future of all of its subsidiaries and, as administrators, we will continue those efforts.

“We are pleased to announce a buyer for just over half of the seven businesses, with no redundancies at this stage, and remain hopeful of achieving further sales post-appointment.

“Laidlaw Interiors has been trading in some very challenging times and, while a number of businesses within the portfolio are profitable, the overall trading circumstances have become unsustainable.”