Liquidator appointed from William Duncan to wind up Highland Timber Construction
Reading time: 1 minute
Inverness-based Highland Timber Construction has entered liquidation after failing to recover from the financial strain caused by the covid pandemic and a subsequent inability to secure new contracts.
The company, which was established in 2016 and known for building construction, extensions, renovations, and kitchen remodelling, ceased operations on 27 November 2023, resulting in redundancy for its 11 employees.
The decision for liquidation was made after the company petitioned Inverness Sheriff Court on 6 December. Sheriff Gary Aitken ordered the liquidation details to be advertised in the Edinburgh Gazette and Inverness Courier.
He also appointed Annette Menzies of William Duncan (Business Recovery) Ltd as the provisional liquidator.
A spokeswoman for William Duncan (Business Recovery) explained to the The Inverness Courier: “Recently it has not been able to secure a number of new contracts which has also impacted on turnover and has led to an inability to repay its creditors.
“The director took advice and concluded that he had no other option but to cease trading on November 27, 2023 when all 11 of its employees were made redundant.”
Share this article:
Subscribe to our newsletter to not miss articles like this one:
SUBSCRIBE
