1 minute
Unsecured creditors owed over £2.6 million following the collapse of Dundee textile firm Bonar Yarns Limited will receive a mere £31,000. The company, which produced yarn for carpets and artificial grass at Caldrum Works, entered administration in March 2023, citing "unsustainable cash f
2 minutes
Michelle Elliot and Callum Carmichael, partners with FRP Advisory, have sold Dundee-based Bonar Yarns Limited, which went into administration in early April, to Newman Yarns Limited, a new business created for the purposes of the acquisition.
2 minutes
Michelle Elliot and Callum Carmichael, partners with FRP Advisory, have been appointed joint administrators of Bonar Yarns Limited, the Dundee-based manufacturer of specialist polypropelene carpet backing yarns.
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