The Slough based company confirmed to the Enquirer on Monday that it was going into liquidation.
One industry source said: “CCP are a very well know and respected drylining and suspended ceilings specialist who have successfully completed many high profile projects.
“They were doing a fair bit of work for Carillion and it’s a real shame this has dragged them down.”
CCP has traded successfully for nearly 30 years since its inception in 1988.
Latest accounts filed at Companies House for the year to June 30 2016 show CCP made an operating profit of £434,000 from a turnover of £8.3m.
The firm had 21 directly employed office staff and “a site based labour resource of approximately 350 personnel.”
CCP has worked for a host of other big name contractors including Skanska, ISG, Lendlease, Wates, Laing O’Rourke, Kier and Mace.