The administrator of Banner Holdings, the 拢13.2m-turnover Derbyshire contractor that collapsed last week, will look next week at which of the firm鈥檚 contracts could be sold off

Banner鈥檚 contracts include the 拢2.5m refurbishment of the Harbor Hill sports facility for Derby university. Paul Llewellyn, at administrator Bell Advisory, said he would be 鈥渇ocusing on how to realise value in Banner鈥檚 contracts鈥.

Although it is not known which firms might take over the contracts, a former Banner director, Paul Nowel, set up a firm called Banner Management Solutions on 25 May.

Banner collapsed a year after it was ejected from work on the Rafael Vi帽oly-designed Colchester Visual Arts Facility.