微密圈

Olympics specialist contractor United AG has gone into voluntary liquidation.

The subcontractor 鈥� which has been working on the troubled final phase of the Olympic athletes鈥� village for main contractor Galliford Try 鈥� has called in administrator FRP Advisory to handle the process.

A source close to the athletes鈥� village project claimed the firm - an Essex-based windows and doors subcontractor - 鈥渟till had work to do鈥� on the Olympic scheme.

微密圈 reported last week that Galliford Try is in talks with three other subcontractors over financial disputes arising from lost time on the final two plots of the village 鈥� N13 and N26.

According to Companies House, United AG was exempt from filing full accounts, but owed creditors 拢1.3m at year end 30 September 2010.

Its failure comes just a week after Olympic cladding contractor Parry Bowen 鈥� which worked on other parts of the athletes鈥� village 鈥� went into administration, with the loss of 150 jobs.

Other subcontractor failures across the athlete鈥檚 village project include contractor P Elliott and specialist Trent Concrete.

Also earlier this year bathroom pod manufacturer EJ Badekabiner was rescued by Galliford Try and sold on as a going concern.

In February, the Olympic Delivery Authority said the overall cost of the village had gone up 拢11m to 拢709m, mainly due to the cost of paying for continued supply from companies that had gone bust.