Administration

Scottish company insolvencies fell by 4% in June 2025 compared to the previous year, with 105 firms collapsing. Experts have warned this may only be a temporary reprieve and a challenging economic climate.

Will Wright and Alistair McAlinden from Interpath have been appointed joint administrators to Edinburgh-based cyber security firm Adarma Limited, as it ceases trading. The firm, founded in 2009, had grown to become one of the UK's largest independent cyber security businesses, employing 176 people a

The number of Scottish businesses entering administration fell by 24% in the first half of 2025, according to new analysis by law firm Shakespeare Martineau. A total of 31 companies in Scotland filed for administration between January and June 2025 – down from 41 during the same period in 2024

Callum Carmichael and Michelle Elliot of FRP Advisory, together with Shona Campbell of Henderson Loggie LLP, have been appointed administrators of Greenfold Systems Ltd, a specialist manufacturing business based in Dunfermline, on 10 July 2025. The company operated from premises at Pitreavie Busines

Increased HMRC activity could be causing the recent rise in Scottish company liquidations, according to an Aberdeen insolvency specialist. New figures from Creditsafe showed 141 new Scottish administrations and liquidations in May – the highest number since December 2022 when 142 cases were re

Tom MacLennan and Chad Griffin, of FRP Advisory and joint administrators of Countesswells Development Limited (CDL), have secured the sale of the land and certain assets of CDL to Ogilvie Homes Limited. The Countesswells Development is located to the West of Aberdeen and was placed in administration

The Company Voluntary Arrangement (CVA) meeting for Inverness Caledonian Thistle FC, crucial for the club's exit from administration under Mr Alan Savage's proposed takeover, has been rescheduled from 22 May to Wednesday 5 June. Joint administrators at BDO confirmed significant progress had been mad

Dundee-based bus and coach operator Fishers Tours is set to cease trading by Friday, resulting in an anticipated loss of over 20 jobs and leaving staff in a state of shock. The sudden announcement, delivered to drivers and mechanics on Monday morning, has been described by sources as coming "out of

Medical gas pipeline specialist Hospital Pipeline Installations Limited (HPI) has entered administration, with Blair Milne and James Fennessey of Azets appointed as joint administrators. Founded in 1984, the Paisley-headquartered, which also operated from an office in Rochdale, was a prominent desig

The planned takeover of Dumbarton Football Club has fallen through after the prospective buyer, Gareth Phillips, withdrew his offer due to ill health.

The joint administrators of Dumbarton Football Club Limited have confirmed that they have agreed heads of terms with Gareth Phillips on a proposal that would see the club exit administration solvently and with all creditors paid in full.

Administrators overseeing the sale of a historic 24-room Scottish boutique hotel have appointed specialist hotel agent Colliers to market the business and property in Inveraray for offers over £2.85m.

The number of Scottish companies entering administration remained relatively stable in the first quarter of 2025, according to analysis by Interpath. Data from Companies House showed 14 administrations between January and March, broadly consistent with the 12 cases in Q1 2024 and 15 in Q4 2024. UK-w

Joint administrators at BDO have named former chairman Alan Savage as the preferred bidder for Inverness Caledonian Thistle FC. The joint administrators have advised that the issues previously reported surrounding the writing off of loans by loan creditors and the uncertainties stemming from the pro

Shona Campbell of Henderson Loggie has been appointed as administrator to Air Service Training (Engineering) Limited (AST), a wholly owned subsidiary of UHI Perth – a partner of the University of the Highlands and Islands. Based at Perth Airport, AST was established in 1931 to provide approved