Azets

Derek Forsyth and Blair Milne, partners with Azets, have been appointed joint provisional liquidators of the Largs-based electrical contracting specialist Elecore Electrical Limited. Founded in 2017, the family-owned business provided a wide range of electrical design, contracting, data, fibre and p

Scotland’s construction sector could see a high risk of business closures with the expiry of temporary measures introduced under CIGA (Corporate Insolvency and Governance Act 2020) and the removal of financial support schemes such as Furlough, both due to end on 30th September, a construction

The appointments of James Fennessey as a new restructuring partner and restructuring partner Blair Milne to the senior leadership team for Scotland lead a raft of promotions across Azets’ business in Scotland. James Fennessey is a specialist in developing turnaround solutions for companies in

Accountancy firm Azets has hired Matthew Allan as an associate director based in the audit team within the firm’s fast-growing Aberdeen office. Mr Allan has extensive experience auditing businesses in the O&G, food and drink, construction, manufacturing, retail and family business sectors.

Accountancy and business advisory firm Azets has appointed Chris Horne as its new CEO. The role includes overall responsibility for Azets and Blick Rothenberg, with over 160 offices across the UK and the Nordics.

Azets, the regional accountancy and business advisors to SMEs, is to recruit 36 graduates and school leavers as trainees, all of whom are due to start this August. Since 2013, nearly 200 graduate trainees and school leavers have been recruited across Scotland by Azets and its former firms.

A decade of hotel expansion across Scotland is set to be reversed as many hotel businesses struggling with unsustainable debts, losses and staffing problems decide to close permanently, Derek Forsyth, head of restructuring with Azets has warned. Industry reports indicating the scale of the financial

Graham Cunning, head of corporate finance with Azets in Scotland, discusses the marked increase in the popularity of Employee Ownership Trusts (EoTs).  A growing number of business owners have expressed concerns about trade sales, in particular the lack of privacy, the time required f

Accountancy firm Azets has announced plans to grow the business in Scotland by 50% during the next five years, creating 250 new jobs and taking turnover to more than £60 million. Launched in 2020 following a rebrand of leading independent accountancy firms, Azets has grown rapidly and now empl

TEFL Org, a provider of TEFL (teaching English as a foreign language) accreditations based in the Scottish Highlands, has become employee-owned. Launched from a garden shed in the middle of the 2008 financial crash by founders Joe Hallwood and Jennifer MacKenzie, the TEFL Org is established as a mar

New legislation coming into force from 30th April for prepack administrations is set to impose a new 8-week window in which the assets of an insolvent business cannot be sold to a connected party without the consent of creditors, or a report from an independent evaluator recommending that the prepac

Businesses looking to reopen and capitalise on a potential £50 billion boom in consumer spending could face a major new insolvency risk – a lack of working capital, according to accounting, tax and business advisory firm Azets.  The warning follows comments earlier th

Murdoch MacLennan, banking partner with Azets, is warning export-focused businesses targeting markets outside of the EU that they need to be aware of the risks and costs of currency differences and fluctuations, an issue that will be new to many businesses if they have only traded with the EU. Curre

Specialist UK asset finance provider Propel and accounting, tax and business advisory firm Azets have formed a partnership that will give thousands more SMEs access to fast and flexible asset finance for investment in plant and equipment. Propel has a 25-year track record in supporting over 40,

Azets, the accountancy firm that specialises in the SME market, has taken on a ten-year lease on new offices in the heart of Aberdeen’s professional services district, effective from today. The new open-plan offices at 37 Albyn Place extend to 4500 sq ft and will feature the latest information