Henderson Loggie’s Shona Campbell appointed liquidator of Fife roofing company

Henderson Loggie's Shona Campbell appointed liquidator of Fife roofing company

Shona Campbell

Insolvency specialist Shona Campbell of Henderson Loggie has been appointed liquidator by the directors of Dunfermline based Braisby Roofing.

The 60-year-old family firm shut down on Friday 27 May, because of the impact of lockdown restrictions throughout the pandemic, cash flow challenges, rising costs, and significant six-figure bad debts. The company employed 20 people.

The family also owns Kwikco Supplies, a wholesale supplier of janitorial products, hand and power tools, fasteners and fixings and workwear. Kwikco is unaffected by the decision to place Braisby Roofing into liquidation and continues to trade as usual.

The directors wish to concentrate on Kwikco and are aiming to re-employ some affected employees within the business.

Shona Campbell, insolvency partner at Henderson Loggie, said: “The directors have reached a very difficult decision after facing up to many challenges. It’s sad when a long-standing business has tried to continue but has no option but to go into liquidation.

“I will work with the family to bring the affairs of the company to a close and provide guidance and support to ensure employees receive their full employment entitlements.”

William Braisby, managing director of Braisby Roofing and grandson of the eponymous founder, said: “Construction is a difficult business to be in right now and, like many companies, we have been severely impacted by Covid, which resulted in delays on projects where we were the principal contractor and significant bad debts from customers failing to meet their obligations.

“We have explored every option to continue trading but, regretfully, spiralling costs and shortage of materials coupled with unsustainable cashflow problems have led us to apply for voluntary liquidation. We will always be grateful for the support we have received from our loyal staff.”


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