Begbies Traynor has invested in a five-year lease at a new Edinburgh office location at 3 Semple Street as the firm’s team in Scotland continues to expand. “The new Edinburgh office will enable us to grow our team in the capital, and also offers clients and staff another venue for meetin
Begbies Traynor
Just four of the 42 clubs (9.5%) in Scotland’s top four leagues are showing signs of financial distress, down by 20% year on year, while in the EFL only three of the 72 clubs (4.2%) show signs of distress, half the number 12 months earlier, Begbies Traynor has revealed. Data from the Football
Dundee entrepreneur Tony Banks paid £8.26 million to acquire Eden Mill out of administration, a newly released administrators’ report has revealed.
St Andrews-based Eden Mill Distillery has been acquired from administration, saving the jobs of all 42 staff, Begbies Traynor has announced. Kenny Craig and Kevin Mapstone of Begbies Traynor were appointed joint administrators of the distillery's owner, St Andrews Brewers Limited, on Tuesday.
Kenny Craig of Begbies Traynor has been appointed as trustee in Sequestration of the estate of the late Alex Salmond following an application to the Accountant in Bankruptcy made by Moira Salmond, in her capacity as executrix. The winding up of the former First Minister’s estate will include t
Kevin Mapstone and Paul Webber of Begbies Traynor have been appointed as joint administrators of Scotch Frost of Glasgow Limited on 4 November 2025. The Uddingston-based food importer and distributor, which has ceased trading with the loss of all 17 jobs, was placed into administration following a p
Scotland experienced the fastest quarter-on-quarter increase in the number of businesses in distress across the UK in Q3 2025, according to the latest Red Flag Alert from Begbies Traynor. In Scotland, levels of advanced or "critical" distress in the latest quarter were particularly stark, rocketing
Kevin Mapstone and Kenneth Robert Craig of Begbies Traynor have been appointed liquidators to Central Fife Sheds Ltd after the Glenrothes-based company ceased trading and entered liquidation on 16 October 2025. The move follows a number of complaints to Fife Council’s Trading Standards team fr
Begbies Traynor has added 34 years of Scottish insolvency experience to its team in Glasgow with the appointment of George Lafferty as director. Mr Lafferty joins the professional services firm from another Glasgow insolvency firm, where he was insolvency director. He has previously held senior posi
Begbies Traynor Group plc has appointed Thomas McKay as managing partner in Scotland and Northern Ireland as part of its new board structure to enable further UK expansion. The updated structure also sees Mark Fry named Begbies Traynor Group CEO. In his new role Mr Fry will drive the day-to-day lead
Kenneth Craig and Kevin Mapstone of Begbies Traynor have been appointed as joint administrators of South Lanarkshire company Apex Traffic Management Limited.
Administrators overseeing the sale of the historic 24-room Scottish boutique hotel have sold the hotel business, its contents and a residential dwelling to a duo of experienced hotel operators, Charlie Maclachlan and Sam Wignell of Fyne Hospitality, for £3.05 million in a deal that will save u
The number of Scottish firms in "significant" financial distress has risen sharply, according to new data from Begbies Traynor, as the economy continues to face global instability and domestic pressures. Providing a quarterly snapshot of the UK's corporate health, the business rescue and recovery sp
Begbies Traynor has posted a near doubling of its pre-tax profits to £11.5 million for the year ending 30 April 2025, a significant increase from the previous year's £5.8m. The AIM-listed insolvency firm saw its revenue climb by 12% to £153.7m, marking its tenth consecutive year of
Financial distress amongst Scottish Football League clubs has escalated by two-thirds year-on-year, with significant pressure concentrated on lower league teams, according to the latest Begbies Traynor Football Distress Survey. The six-monthly Football Distress Survey (as of 31 March), conducted by

