The joint administrators of Dumbarton Football Club Limited have confirmed that they have agreed heads of terms with Gareth Phillips on a proposal that would see the club exit administration solvently and with all creditors paid in full.
Administration
Administrators overseeing the sale of a historic 24-room Scottish boutique hotel have appointed specialist hotel agent Colliers to market the business and property in Inveraray for offers over £2.85m.
The number of Scottish companies entering administration remained relatively stable in the first quarter of 2025, according to analysis by Interpath. Data from Companies House showed 14 administrations between January and March, broadly consistent with the 12 cases in Q1 2024 and 15 in Q4 2024. UK-w
Joint administrators at BDO have named former chairman Alan Savage as the preferred bidder for Inverness Caledonian Thistle FC. The joint administrators have advised that the issues previously reported surrounding the writing off of loans by loan creditors and the uncertainties stemming from the pro
Shona Campbell of Henderson Loggie has been appointed as administrator to Air Service Training (Engineering) Limited (AST), a wholly owned subsidiary of UHI Perth – a partner of the University of the Highlands and Islands. Based at Perth Airport, AST was established in 1931 to provide approved
Kenneth Craig and Kevin Mapstone of Begbies Traynor have been appointed joint administrators to Inveraray Inn Ltd, the company operating the historic George Hotel in Inveraray, after it was placed into administration by its directors. Mr Craig and Mr Mapstone were appointed to oversee the admin
Geoff Jacobs and Alistair McAlinden have been appointed as joint administrators to Dovetail Enterprises (1993) Limited, trading as Dovetail, on 28 March 2025. Dovetail is a well-known registered charity and manufacturer of safety doors, mattresses and bed bases. The business, which is based in Dunde
Administrators from Azets have finalised the sale of Bankhouse Care Home in Lesmahagow, Lanarkshire, to a Glasgow-based operator Bellerose Care Limited, for an undisclosed sum. The deal secures the ongoing care for 40 residents and preserves all 58 staff jobs, with employees transferring to the new
Inverness Caledonian Thistle's (ICT) former chairman and investor Alan Savage has tabled an £800,000 bid for a complete takeover of the football club. This move comes after the club entered administration last October due to significant debts, with administrators recently highlighting a "signi
Administrators overseeing the liquidation of Perthshire-based Hadden Construction Limited have revealed that unsecured creditors, owed millions, are unlikely to receive any funds. The company, which entered administration last September, resulting in 67 job losses, has amassed debts exceeding £
Unsecured creditors owed over £2.6 million following the collapse of Dundee textile firm Bonar Yarns Limited will receive a mere £31,000. The company, which produced yarn for carpets and artificial grass at Caldrum Works, entered administration in March 2023, citing "unsustainable cash f
North-east insolvency practitioner Michael Reid has been appointed administrator for an Aberdeen managed IT services provider. As a result of a submission to the Court of Session, Internet for Business Limited, which was established in 1995, appointed an administrator on Thursday, 20 February.
Henderson Loggie has facilitated the sale of the former site of Charles Henshaw & Sons Limited to Mandale Group. Henderson Loggie's head of business recovery & insolvency Shona Campbell, who oversaw the sale, was appointed administrator of Charles Henshaw & Sons in July last year.
Michelle Elliot and Callum Carmichael, partners at FRP Advisory, have been appointed joint administrators of Connect Modular Limited on 6 January.
The administration of Stewart Milne Group (SMG) and its subsidiaries has been extended by a further 12 months, until 8 January 2026. The Court of Session in Edinburgh approved the extension, requested by administrators Teneo, to allow for the sale of remaining assets and the conclusion of employment