Stewart Milne Group

Stewart Milne Group left creditors in the lurch with debts to the tune of a nine-figure sum at the time of its collapse, according to new documents filed at Companies House by administrators.

The Scottish Government has pledged to provide “every possible support” for those impacted by the collapse of Stewart Milne Group (SMG) while a union has threatened to take legal action against the company.

Aberdeen-based housebuilding firm Stewart Milne Group has collapsed into administration, with the immediate loss of 217 jobs.

Stewart Milne Group said today it will resume the process of selling the company after it delivered its best results for almost a decade. The housebuilding business was put up for sale in April last year when its founder and main shareholder Stewart Milne decided to retire after nearly half a c

Stewart Milne Group (SMG) has put its £100 million timber frame business up for sale to capitalise on its strong growth and invest in land for new homes.

Housebuilder and offsite timber systems manufacturer Stewart Milne Group has bounced back to profitability following a “transitional” financial year in 2018/19 which was adversely impacted by poor market conditions and exceptional items of £43 million. Historic accounts for a&