FRP Advisory has announced the sale of the intellectual property and goodwill assets of Allander Print, which was in administration, to Tempus IME. FRP partners Tom MacLennan and Iain Fraser were appointed as administrators to the firm after it encountered unsustainable cash flow problems linked to
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FRP Advisory has appointed Emma Turnbull as a new restructuring advisory director in Scotland. During her 15-year career, Ms Turnbull Emma gained extensive restructuring experience working with a wide range of firms across the retail, oil and gas and real estate sectors on both consensual and non-co
Chad Griffin, restructuring specialist at FRP Advisory, discusses how the current downturn in the North Sea is likely to see a far deeper level of oil and gas restructurings and a higher level of insolvencies than in 2015, the last comparable period when there was a much stronger base position than
Edinburgh Woollen Mill (EWM) is expected to appoint FRP Advisory as administrators next week as part of a restructuring, according to reports. The retailer, which moved its headquarters from the south of Scotland to north-west England nearly two years ago, aims to close 50 stores with the loss of 60
FRP Advisory has posted a 16% rise in annual revenue and maiden dividend of 0.66p a share despite the economic uncertainty of the coronavirus pandemic. FRP is a spin-out of VANTIS, the former Aim-listed accountancy firm which went into administration in 2010.
Paul Allen and Chad Griffin, partners at FRP Advisory, have been appointed joint liquidators of Drake Estates Property Company Limited and Aston Darby Group Limited. The companies, which had raised approximately £25 million from investors, own a substantial and prominent car pa
Creditors are on track to lose £1.2 million following the collapse of Glasgow-based legal firm Hamilton Burns.
Business advisory firm FRP Advisory has appointed Chad Griffin as its new partner to be based in Scotland. Mr Griffin joins FRP Advisory from FTI Consulting in London, an independent practice that he helped launch and grow for the last 15 years.
Department store Debenhams has filed a notice to appoint administrators amid the current coronavirus pandemic. Debenhams has appointed Geoff Rowley and Alastair Massey of FRP Advisory to advise in relation to the possible administration.
A total of 559 jobs have been saved as Geoff Rowley, Iain Fraser, Tom MacLennan and Phil Reynolds, partners with specialist business advisory firm FRP Advisory and joint administrators of Arjowiggins Fine Papers Limited and Arjowiggins Chartham Limited, have sold the business and assets of both comp
London-based fintech startup, Glint, has gone into administration.
Tom MacLennan and Arvindar Jit Singh, partners with FRP Advisory LLP, have been appointed provisional liquidators of Steven Brown Art Limited, the company famous for its colourful range of ‘McCoo’ artwork, prints and merchandise. The Ayr-based business, which was founded in 2016, had a t
Tom MacLennan FRP Advisory LLP have been appointed as administrators of Bertinaley Care Limited, which owns and operates four care homes in Hamilton, Largs, Dundee and Surrey.
Iain Fraser Iain Fraser and Tom MacLennan, partners at specialist business advisory firm FRP Advisory LLP, have been appointed as joint administrators of Angus Cereals Limited.
Tom MacLennan FRP Advisory has been appointed as administrators for Team Rock Limited, which owns of a stable of leading rock magazines and a leading rock music website, and are seeking buyers for the magazine titles and other assets of the business.