North Yorkshire-based steelwork specialist SH Structures fell into administration owing £4.5m to suppliers and subcontractors.
The scale of the firm’s debts have been revealed in an update posted at Companies House.
SH Structures also owed HMRC £370,000 and its employees nearly £1m.
The firm went into administration in April when all of its 67 staff were made redundant.
It had been in business since 1992 working as a structural steelwork contractor specialising in the design,fabrication and installation of complex structures.
Its high-profile projects include the monumental Kelpies steel horse-heads near Falkirk in Scotland (above) , Hull’s eye-catching Murdoch bridge, and the PoliNations public sculpture of five giant architectural steel trees in Birmingham.
SH Structures worked across the whole UK on projects up to £5m in value and saw its turnover peak at £10m in 2023.
The administrators blamed its demise on cash-flow issues, problems with ongoing contracts and workloads dropping-off.