The staff laid off on Friday were 100 employees with steelwork trades and 44 other workers.

BBC: Shipyard's future hangs in balance

The firm was founded in 1970 and has been a steelwork contractor on major projects, bridges and industrial process plant.

BBC: Wales

The foundations have to be renovated, brickwork needs repairing, and the steelwork on the top has rust in places that we will clean up.

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Portsmouth City Council said a building survey showed the steelwork holding the pier up was rusty and corroded and "in danger of losing structural integrity".

BBC: Southsea's South Parade Pier closed over safety concerns

Part of the pier was closed in October by Portsmouth City Council after a building survey showed the steelwork was "in danger of losing structural integrity".

BBC: Southsea's South Parade Pier open to buyers

Steelwork for the 12, 000-seater venue has been erected, the roof is almost on and the pitch is being drained in preparation for new turf being laid.

BBC: New Rotherham United stadium nearing completion

After months of work to strengthen and re-point the stone walls, the first piece of steelwork was cut away and removed by a crane on Friday.

BBC: Cardigan Castle: Steel supports removal in ?11m work