UK-based specialist engineering and technology recruiter Gattaca PLC said that it expects "minimal" damage to its balance sheet from the collapse of construction giant Carillion.

The recruitment firm said it does have outstanding debts owed by its former client Carillion, but the majority of them are insured. Gattaca estimates its uninsured balance-sheet exposure to Carillion to be less than GBP 100,000, it said.

Gattaca said its annual net fee income from Carillion is GBP 500,000. Furthermore, the company said it is talking with Carillion's counterparties about continuing to provide recruitment services for underlying public-service projects.

Carillon, which also runs recruitment firm SkyBlue, entered liquidation earlier this week after last-ditch rescue talks over the weekend with lenders and the government failed.