French Duncan appointed as Fife builder goes under

French Duncan have been appointed administrators following the collapse of a Fife building firm.

Fifteen employees have lost their jobs at Richmond Homes (Scotland) Limited following the announcement.

The firm, which was based at Laich House at Dunfermline’s Carnegie Campus, has ceased trading and after FD insolvency practitioners were called in to the business.

Papers lodged at Companies House show a liquidation action against the company was raised before Sheriff Charles Macnair at Dunfermline on February 2.

Brian Milne of French Duncan’s business recovery unit in Glasgow was named as provisional liquidator of the company.

Documents show the company was originally incorporated in May 2009 as Strathbyte Limited but changed its name to Richmond Homes (Scotland) Limited the following month.

In September, the company posted abbreviated accounts for the year to December 31 2015, showing total net liabilities of £1.88 million.

The document details a loan of £579,525 due in more than one year to sole director Calum Stewart and states the business is “therefore reliable upon the continued financial support of the director”.

There are no accounts available relating to the most recent trading year to Hogmanay.