Quantuma liquidators take charge of Scottish tree surgery business

Quantuma liquidators take charge of Scottish tree surgery business

Craig Morrison

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 seven staff. As arborists and tree surgery specialists, the core of the business was forestry work, but it also had a circa £1 million contract with Amey for grass verge cutting.

In prior years the Amey contract was loss-making, however the directors had recently managed to resolve the issues and were confident that they would be able to generate sufficient cashflow to meet creditor obligations, including being in the process of agreeing payment plans. However, in March 2024, pressure from creditors disrupted their ability to service their major contract and this resulted in employees walking off site.

The business has now ceased to trade, closing immediately prior to winding up, and all roles at the business have now been made redundant. The joint liquidators were appointed on 25 March 2024.

Mr Morrison said: “It is deeply regrettable that Royal Oak Tree Services has been forced to cease trading, due to a series of challenging circumstances. A combination of cashflow related challenges has seen the business unable to continue.

“As joint liquidators, our immediate priorities have been to provide appropriate support to those whose jobs have been affected.”

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