Administration

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

Kenneth Craig and Kevin Mapstone of Begbies Traynor have been appointed joint administrators to Inveraray Inn Ltd, the company operating the historic George Hotel in Inveraray, after it was placed into administration by its directors. Mr Craig and Mr Mapstone were appointed to oversee the admin

Geoff Jacobs and Alistair McAlinden have been appointed as joint administrators to Dovetail Enterprises (1993) Limited, trading as Dovetail, on 28 March 2025. Dovetail is a well-known registered charity and manufacturer of safety doors, mattresses and bed bases. The business, which is based in Dunde

Administrators from Azets have finalised the sale of Bankhouse Care Home in Lesmahagow, Lanarkshire, to a Glasgow-based operator Bellerose Care Limited, for an undisclosed sum. The deal secures the ongoing care for 40 residents and preserves all 58 staff jobs, with employees transferring to the new

Inverness Caledonian Thistle's (ICT) former chairman and investor Alan Savage has tabled an £800,000 bid for a complete takeover of the football club. This move comes after the club entered administration last October due to significant debts, with administrators recently highlighting a "signi