Workers at the east London based contractor will learn about the future of the company in a group online call this afternoon.

The Enquirer has seen a message from bosses at parent company Mid Holding Co UK Ltd which tells staff not to come in and join the Teams meeting when the company will detail the current situation.

It is understood that work has stopped on some sites run by the firm which has been in business since 2014 and grown rapidly.

Latest accounts for Mid Holding Co for the year to December 30 2020 show it made a pre-tax loss of £2.5m from a turnover of £55.7m and had 37 employees.

Filings also show that Mid Group CEO Steven Hearn resigned his directorships across the business last month.

A company profile on Mid Group’s website states: “Founded in 2014, we have quickly established ourselves as one of the UK’s leading offsite construction, consultancy and development businesses, picking up multiple awards for our work along the way.

“We consider ourselves experts in offsite and modern methods of construction for the residential, education, health and commercial sectors.

“We win and deliver multiple projects across the UK for a wide range of clients. Our goal is to help our clients realise the maximum value from their investment in any construction project.

“We are dedicated to providing enhanced value for our clients and partners, delivering projects on time, on budget and to the highest standards possible through innovation and professionalism.”