Frp Advisory

Stuart Robb and Michelle Elliot, partners with FRP Advisory, have been appointed joint administrators to Barrhead-based construction firm Allma Construction Limited and its sister company Centre Plant Limited as the two firms have collapsed with the loss of 181 jobs.

There was a notable increase in company insolvencies last month with 97 cases registered in Scotland, marking a 41% rise from the previous year. These insolvencies were spread across 44 compulsory liquidations, 51 CVLs (Company Voluntary Liquidations), and two administrations. There were no instance

CDLH Chartered Surveyors have completed the sale of the Abbotsford Lodge Hotel, a 14-bedroom property located in the village of Callander, for an amount above the £595,000 asking price. The property, including a large owner's house, staff accommodation, and a self-catering unit, was sold&

The a new study has revealed that two fifths of Scottish fintech firms foresee potential failure by the end of 2023, fuelled by inflation and interest rate challenges. The research by FRP Advisory shows that unease is most significant within the financial technology hubs of Edinburgh and Glasgow, wh

Joint liquidators from FRP Advisory have been appointed to Midnight Sun Festivals Limited, the promoter of the festival of the same name. The festival was slated to take place in Stornoway from 25 to 27 May, but was cancelled due to a slew of unforeseen operational and logistical challenges. The fir

Callum Carmichael and Chad Griffin, partners with FRP Advisory, have been appointed joint administrators of seaweed harvesting and seaweed-based seasonings manufacturer, Mara Seaweed Limited.

Administrators have sold the former Edinburgh Filmhouse building for £2.65 million to an unnamed buyer.

Michelle Elliot and Callum Carmichael, partners with FRP Advisory, have sold Dundee-based Bonar Yarns Limited, which went into administration in early April, to Newman Yarns Limited, a new business created for the purposes of the acquisition.

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.

FRP Corporate Finance has advised the shareholders of Suttons Performance Packaging (Suttons), a protective packaging manufacturing business based in Cambridgeshire, on its £13.7m sale to Macfarlane Group PLC (Macfarlane). Founded in 1962, Suttons supplies specialist protective packaging to th

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

Ride-on Scotland Limited, a specialist e-bike hire business with bicycle fleets and infrastructure in Dundee (Ride-on Dundee) and Leicester (Ride-on Leicester), has entered provisional liquidation. Callum Carmichael and Stuart Robb, partners with FRP Advisory, have been appointed joint provisional l

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

FRP Advisory, the specialist business advisory firm, has told shareholders to expect another rise in restructuring activity over the next few months. In a trading update issued yesterday, the firm said it expects to see increased activity in the higher value restructuring and administration market a

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