Administration

AMTE Power, the electric vehicle battery maker with a plant in Thurso and ambitious plans for a megafactory in Dundee, is currently engaged in talks with a potential buyer in a bid to rescue the company from its financial woes. The accelerated sale process, initiated on 19 December and spearheaded b

Aberdeen-based housebuilding firm Stewart Milne Group has collapsed into administration, with the immediate loss of 217 jobs.

Scotland's ambition to become a hub for battery manufacturing have suffered a setback with the announcement that battery cell manufacturer AMTE Power is set to go into administration.

Michelle Elliot and Anthony Collier, partners with FRP Advisory, have been appointed joint administrators of Sign Plus Limited, a Scottish supplier of signs for a wide variety of markets, including the defence industry.

The number of companies filing for administration in Scotland has jumped by over 20% year-on-year, as a sluggish economy, the cost-of-living crisis, high interest rates and ongoing geopolitical uncertainty continue to impact businesses across the country.

Orkney Fishermen's Society, a supplier of crabs, lobsters, and fresh seafood, has been sold out of administration by joint administrators Michelle Elliot and Callum Carmichael, partners with FRP Advisory, to Orkney Crab Ltd, a subsidiary of PDK Shellfish Ltd, in a deal that saves the jobs of all 55

Edinburgh-based sports streaming platform Recast Sports has been reacquired out of administration by founder Andy Meikle through Content Technology Partners (CTP), a firm in which he holds a significant stake.

Blair Nimmo and Geoff Jacobs of Interpath Advisory have been appointed as joint administrators of Dundee-based Logie Glazing and Building Services Limited.

Alistair McAlinden and Chris Pole of Interpath Advisory have been appointed as joint administrators of Recast Sports Limited on 22 September 2023.

Joint administrators from PwC have announced the planned closure of all 400 Wilko stores by October, resulting in around 12,500 staff losing their jobs.

The administrators of Dundee-based construction services firm McGill, which entered administration for the second time in less than four years in August last year, are taking legal action against its parent company, United Capital Investments Ltd (UC), to recover £442,602.

Joint administrators from PwC for Wilkinson Hardware Stores Ltd, along with its subsidiaries wilko Ltd and wilko.com Ltd, have confirmed the closure of two Scottish stores – Irvine and Clydebank – resulting in a loss of 38 jobs.

Following a period of marketing by Christie & Co, joint administrators from FRP Advisory have facilitated the sale of Skirlie Castle Limited's business and assets, including Glenskirlie Castle in Stirlingshire, to Glasgow-based Khungha Investments Limited. The deal, which is for an undisclosed s

Andrew Dolliver, Kris Aspin and Joseph Luke Charleton, of EY-Parthenon, have been appointed joint administrators to Renfrewshire-based Mar Hall Golf & Spa Resort. Originally built in 1845, the hotel employs 118 staff and is located on a 240-acre woodland estate near Glasgow. 

On behalf of the joint administrators, Alistair McAlinden and Blair Nimmo, property firm Christie & Co has brought to market the former premises of Le Chardon d’Or Limited, which previously operated as a fine dining restaurant in Glasgow. Located in the city centre, Le Chardon d’Or p