Accountants from administrators KPMG are now in charge of the company which was on site on projects across Wales and the Bristol area.

Opco has been in business since 2001 and its latest accounts showed a £30m turnover in 2011 with a pre-tax profit of £116,000.

It recently expanded into the South West with a regional office in Exeter.

It ceased trading towards the end of April and now most of its 55 staff have been made redundant as KPMG look to sell-off its assets.

The company said on its website: “Our construction activities range from design and build right through to repair and maintenance, working across the following sectors; commercial, defence, education, healthcare, industrial, leisure,  residential, retail and transport.

“Opco has a forward order book of some £40m and employs over 70 staff from its offices in Exeter and Cardiff.”

Recent clients include Land Securities, Persimmon, Taylor Wimpey and Torquay United Football Club.