Administration

Blair Milne and James Fennessey, partners with Azets, have been appointed joint administrators of one of the UK’s longest continuously operating care homes, Balmanno House in the West End of Glasgow.

Michelle Elliot and Callum Carmichael, partners with FRP Advisory, have been appointed joint administrators of Bonar Yarns Limited, the Dundee-based manufacturer of specialist polypropelene carpet backing yarns.

James Fennessey, Colin Haig and Matthew Richards, partners with accountancy firm Azets, have been appointed joint administrators of Bridges Antonine LLP, the owner of the Antonine Shopping Centre in Cumbernauld. Following a period of creditor pressure, the administrators were appointed to take contr

The operating company of Airth Castle Hotel has decided to go into voluntary liquidation. A spokesperson for the firm revealed that the operating company suffered financially due to the impacts of the pandemic "as the hotel was forced to close for an extended period". This was followed by rising ene

Graham Smith and Tom MacLennan of FRP Advisory, the administrators of Craigard Care Limited, have agreed to sell the three care homes and transfer the staff following completion of the sales later this year. In the interim, the proposed purchasers will manage the care homes on behalf of the administ

Interpath Advisory has sold Armadilla Limited and its assets to Hoffbauer Holding Limited. Blair Nimmo and Alistair McAlinden from Interpath Advisory were appointed joint administrators to Armadilla Limited on 20 December 2022.

FRP Advisory, the administrators of Dawnfresh Seafoods, have secured the sale of Dawnfresh Farming to Mowi Scotland, a subsidiary of Bergen-based international seafood farming and processing business Mowi Asa. As a result of the deal, which is for an undisclosed sum, 67 jobs and seven fish farm

Michelle Elliot and Stuart Robb, partners with FRP Advisory, have been appointed joint administrators of Mountview Hotels Limited, which owns The Crags Hotel and Abbotsford Lodge, both located in Callander, Stirlingshire. The Crags Hotel is a centrally located terraced Victorian property located at

Duncan Raggett of AAB and Seamas Keating of FPM Accountants Limited, an AAB Group company, were appointed joint administrators of ODx Innovations Limited on 19 December 2022, by the directors of the company. ODx is a medical technology company based in Inverness focused on transforming the speed at

Blair Nimmo and Alistair McAlinden from Interpath Advisory were appointed joint administrators to Armadilla Limited on 20 December 2022. Founded in 2010 and based in Bonnyrigg, near Edinburgh, the company deals in the design, manufacture and delivery of sustainable luxury modular accommodation, to c

Adele MacLeod, Gavin Park and Robert Harding of Teneo Financial Advisory Limited were appointed joint administrators of M&Co Trading Limited on 9 December 2022. This is the second time the business has entered administration. Scottish Financial News reported on M&Co's first adminis

Blair Nimmo and Alistair McAlinden of Interpath advisory have been appointed joint administrators of Dundee-based Panacea Fire and Security Limited. Incorporated in June 2019, the company installed fire alarm and security systems and had an average of 14 employees.

Shona Campbell of Henderson Loggie has been appointed as joint administrator of now-defunct online retailer 2ND HND which refurbished and sold pre-owned office furniture. Ms Campbell's appointment as joint administrator is alongside Lee Green and Andrew Kelsall of East Anglian accountancy firm

The number of companies filing for administration across Scotland jumped significantly in the third quarter of 2022, as economic headwinds continued to buffet businesses the length and breadth of the country. These findings were identified by Interpath Advisory in their latest analysis of notices in