Aim-listed architecture firm Archial, which has an office in Birmingham, has gone into administration.

The move follows a failure in negotiations with the tax authority HMRC, which had issued a winding up petition against the firm.

Archial had been in discussions with HMRC over money it owed but its proposal of a payment plan was turned down, forcing the architects to call in the administrators.

In a statement issued to the London Stock Exchange, the firm said David Chubb and Graham

Frost of PwC had been appointed joint administrators of Archial and some of its subsidiaries.

It added: “The joint administrators will be seeking a rapid sale of the business as a going

concern to achieve the maximum realisations for the creditors of the group.

“The directors continue to believe that the group operates a good business, and are confident that the administrators will achieve a sale of the business as a going concern.”