The number of companies in Scotland filing for administration has hit its highest Q1 rate since before COVID-19, with Building & Construction companies among the sectors most impacted.
Interpath Advisory
Melrose-based construction company J S Crawford Contracts (Borders) Limited has appointed provisional liquidators. Operational since 1946 and specialising in residential house building, J S Crawford faced severe financial strain due to difficulties on a construction contract.
Dundee-based Newman Bonar Ltd has ceased trading.
Dundee-based Logie Glazing and Building Services Limited has entered administration and ceased trading, resulting in the redundancy of all 16 employees.
Specialist construction access equipment supplier Adastra Access Limited has been placed under administration.
Stewart & Shields Limited, a family-founded business that has been operating from Helensburgh for over 60 years, has collapsed with the loss of 15 jobs.
Interpath Advisory has sold Armadilla Limited and its assets to Hoffbauer Holding Limited. Blair Nimmo and Alistair McAlinden from Interpath Advisory were appointed joint administrators to Armadilla Limited on 20 December 2022.
Blair Nimmo and Alistair McAlinden from Interpath Advisory were appointed joint administrators to Armadilla Limited on 20 December 2022. Founded in 2010 and based in Bonnyrigg, near Edinburgh, the company deals in the design, manufacture and delivery of sustainable luxury modular accommodation, to c
A Dundee safety and data infrastructure specialist that was formed in the wake of the collapse of McGill in 2019 has itself succumbed to administration. Administrators were appointed for Panacea Fire and Security Ltd in October, though the company ceased trading in June.
Administrators have been appointed at Scottish crane hire company Whyte Crane Services after directors decided to cease trading, putting 38 staff out of work. Operating from depots in Aberdeen and Grangemouth, the company provides crane hire and lifting services throughout the UK.
South Lanarkshire contractor Iain Potter Construction Limited (IPC) has ceased trading with all of its 33 staff made redundant.
Alistair McAlinden, Interpath Advisory's managing director (Scotland) speaks to Rosemary Gallagher for Scottish Construction Now about how existing advisors within businesses of all sizes can be supported on their journey and through any challenges. A perfect storm is affecting t
JAD Joinery, the Edinburgh-based construction firm that recently filed for liquidation, has left creditors facing nearly £1 million. The Interim Liquidators’ Report published by Interpath Advisory shows that the construction business owes its creditors £999,077.47.
Blair Nimmo and Alistair McAlinden of Interpath Advisory have been appointed joint administrators of Edinburgh-based Future Renewables Eco PLC with effect from September 17. FRE owns and operates ten wind turbines across nine sites in Scotland, England and Northern Ireland.
Alistair McAlinden and Stuart Dougal from Interpath Advisory in Scotland look at how the current spike in raw material prices and labour shortages is having an impact across the sector – and in particular, how it will shape the way in which contracts will need to be negotiated or ren