Administration

Coastal Workboats Scotland Ltd, the state-backed shipbuilder that revived maritime manufacturing in Stornoway for the first time in a century, has entered administration. Michelle Elliot and Graham Smith of FRP Advisory were appointed as joint administrators on 10 December 2025. The company had relo

Orbex, the Forres-based orbital launch services company and space rocket manufacturer, has filed a notice of intention to appoint administrators following a failed Series D funding round and unsuccessful merger negotiations. Despite previous backing from the UK Space Agency, the Scottish National In

Geoff Jacobs and Alistair McAlinden from Interpath were appointed joint administrators to Trojan Energy Limited on 9 February 2026 and immediately implemented a sale of the business and assets via a pre-pack process to Urban EV Infrastructure Limited, a subsidiary of Connected Kerb Limited. Founded

Administrators from FRP have completed the sale of Christies (Fochabers), a long-established nursery and tree growing business based at Arradoul, near Buckie in Moray, following a period of administration. Graham Smith and Michelle Elliot were appointed joint administrators of the company on Wednesd

Business failures in Scotland reached 4% of all UK administrations in 2025, making it the ninth-highest region for corporate insolvencies, according to law firm Shakespeare Martineau. A total of 67 businesses in the region entered administration last year. Across the UK, 1,631 companies filed for ad

The administration of the Stewart Milne Group (SMG) and its subsidiaries has been extended for a further 12 months following approval from the Court of Session in Edinburgh. Administrators Teneo requested the extension to 7 January 2027 to allow sufficient time to progress all outstanding matters, m

The Udny Arms Hotel, a historic boutique hotel in Newburgh, Aberdeenshire, that dates back to 1865, has been placed into administration by its directors in an effort to safeguard up to 40 full and part-time jobs. Kevin Mapstone of Begbies Traynor was appointed as administrator of the Udny Arms Hotel

Dundee entrepreneur Tony Banks paid £8.26 million to acquire Eden Mill out of administration, a newly released administrators’ report has revealed.

The UK’s largest independent timber distribution and processing group, National Timber Group, has entered administration, resulting in the immediate closure of six Scottish sites and the loss of 169 jobs across the country.

The intellectual property (IP) and assets of M Squared Lasers, the collapsed Glasgow technology firm, have been sold to Novacene Photonics Limited, a new company established by M Squared's former senior leadership. Alistair McAlinden and Geoff Jacobs from Interpath were appointed joint administrator

Kevin Mapstone and Paul Webber of Begbies Traynor have been appointed as joint administrators of Scotch Frost of Glasgow Limited on 4 November 2025. The Uddingston-based food importer and distributor, which has ceased trading with the loss of all 17 jobs, was placed into administration following a p

Nort Sea oil and energy services firm Petrofac has entered administration – a “stark warning” of a wider crisis facing the North Sea supply chain, according to industry experts. The move, which puts thousands of jobs at risk, has intensified calls for urgent government action to st

Over £40 million of public funds are expected to be lost following the collapse of M Squared Lasers, the first company ever backed by the Scottish National Investment Bank (SNIB). The Glasgow-based technology firm fell into administration in August, owing more than £60m to creditors afte

Michael Magnay and Rob Croxen of Alvarez & Marsal have been appointed as joint administrators of Motherwell-based TC BioPharm Limited on 2 October 2025 and launched a sale process for the business and assets of the company. TC BioPharm is an early developer of allogeneic Gamma-Delta T-Cell thera

Graham Smith and Michelle Elliot of FRP Advisory have been appointed as joint administrators to long-established Scottish nursery and tree-growing business, Christies (Fochabers). The appointment was made on 10 September.