Liquidation

MHA’s Michael Reid has been appointed liquidator for Aberdeen-based Belmar Engineering as the firm ceased trading, resulting in the immediate loss of all 48 jobs. Staff were informed of the situation at a meeting yesterday (Tuesday). A letter was also sent to all known creditors – around

Alistair McAlinden and James Dewar from Interpath have been appointed joint provisional liquidators of St Giles Shopping Centre Holdings Ltd on 8 April 2025. The company was the operator of the St Giles Centre in Elgin, which is owned separately by a company which is not subject to insolvency.

Gordon McIntyre and George Lafferty, insolvency practitioners with McLaren Insolvency, have been appointed joint provisional liquidators of Andrew P Orr (Decorators) Limited. Founded 40 years ago and based in Coatbridge, Andrew P Orr (Decorators) Limited, which traded as Orr Decorators, had a turnov

Home-Start Dundee, a charity dedicated to supporting families in need, is to appoint Shona Campbell of Henderson Loggie as liquidator. The decision comes after extensive efforts to secure sustainable financial support and attract new volunteers to allow the charity to continue its work in the Dundee

Richard Gardiner of Thomson Cooper Accountants has been appointed liquidator of Heritage Park Estates Limited, the company operating Bendochy Park in Blairgowrie. This follows a dispute with residents who were ordered to vacate their lodges by December 2026.

Michael Reid, partner at MHA in Aberdeen, has been appointed liquidator to Elgin-based Morlich Homes Ltd. At board meeting earlier this month, the North-east of Scotland housebuilder, which was incorporated in December 2010, made the decision to move to a formal liquidation process.

Accountancy firm Wbg has advised shareholders planning on using business asset disposal relief (BADR) through a members voluntary liquidation (MVL) process to consider acting sooner rather than later as the likelihood of a bump in capital gains tax (CGT) rises. The advice follows figures from the Of

Shona Campbell of Henderson Loggie has been appointed liquidator to Forfar care home Lochbank following its closure after its registration was cancelled by the Care Inspectorate. The closure follows an inspection report in April that labelled key areas of operation as "weak". Lochbank's 32 staff and

Michael J M Reid of MHA in Aberdeen has been appointed liquidator for a Buckie-based machinery supply company.

The Oban Phoenix Cinema, a community-owned cinema with a history dating back to the 1950s, has entered provisional liquidation and is urgently seeking a new buyer

Scotland recorded 109 company insolvencies during the month of April, a 4% year-on-year decrease, according to The Insolvency Service. These included 48 compulsory liquidations, 59 creditors' voluntary liquidations (CVLs), and 2 administrations. This puts the overall insolvency rate in Scotland for

Kellwood Engineering, a Dumfries-based precision machining and fabrication company trading for almost 40 years, has had to close its doors with the loss of 27 employees. The director of the company, James Maitland, has appointed Donald McKinnon of Wylie & Bisset, Accountants and Business Advisor

Company insolvencies in Scotland have gone up 11% year-on-year, as 115 company insolvencies registered were registered during March 2024. This was comprised of 44 compulsory liquidations, 62 CVLs, and 9 administrations. There were no CVAs or receivership appointments.

Quantuma's Edinburgh and Glasgow-based managing directors and insolvency practitioners, Craig Morrison and Ian Wright, have been appointed joint liquidators to Arbroath-based Royal Oak Tree Services Ltd. The single site Royal Oak Tree Services was established in 2019 and employed a team of seve

Richard Oddy and Blair Milne of Azets have been appointed joint provisional liquidators to Hayden Chilled Limited after a winding-up petition was presented by the company's director. The appointment was made on 11 March 2024 after the refrigerated haulage firm based in Annan, Dumfriesshire, cea