The Enquirer understands that around 100 staff have also been let go as the construction division is wound down.
Subcontractors have also been in touch to voice their concerns over unpaid bills.
Lakehouse – now rebranded as Sureserve – sold its construction and property services division this summer for £500,000.
It was bought by “a newly formed entity backed by a team of sector specialists” called Mapps Group Limited.
The new company operates under the Lakehouse Contracts and Foster brands.
At the time of the sale Sureserve executive chairman Bob Holt said: “I believe that Lakehouse Contracts and Foster under the private ownership of Mapps Group will do well.”
One worker said: “A load of us have now been let go and been told they are winding down the construction division to focus on the Foster property services business.”
A subcontractor said: “People have been leaving their sites in droves.
“I’m owed a fair amount and I’m trying to arrange payment but having no joy whatsoever.”
Lakehouse has been contacted for comment.
Sureserve said it would “inappropriate” to comment on its former business.