Nairn-based John A Jack Contracts was a general construction and civil engineering specialist but also had a plant hire arm.
Receivers RSM Tenon said that competitive pressures in the construction industry, prolonged bad weather and the recession had led to the collapse.
Joint receivers, Iain Fraser and Tom MacLennan, have urged businesses interested in the company to come forward as soon as possible.
Three employees have been kept on to help in the winding down process.
RSM Tenon said it would work with all appropriate agencies to help those staff affected by the receivership.