Frp Advisory

Company insolvencies in Scotland fell by 4% in June 2024 compared to the previous year, totalling 109. This was comprised of 60 CVLs, 43 compulsory liquidations and six administrations. There were no CVAs and no receivership appointments.

Michelle Elliot and Callum Carmichael of FRP Advisory, have been appointed joint administrators to Ritchies HGV Training Centre Limited manage its administration.

Scotland recorded 109 company insolvencies during the month of April, a 4% year-on-year decrease, according to The Insolvency Service. These included 48 compulsory liquidations, 59 creditors' voluntary liquidations (CVLs), and 2 administrations. This puts the overall insolvency rate in Scotland for

In a deal facilitated by FRP Advisory, Scottish convenience store chain Eddy's Food Station has been acquired by SPAR Scotland's wholesaler, CJ Lang & Son Ltd, for an undisclosed sum. Callum Carmichael and Michelle Elliot, partners at FRP Advisory, were appointed joint administrators of Edd

Over a third of Scottish construction firms have expressed concerns they won’t be able to trade into 2025, mainly attributing worries to tax considerations and political instability, according to FRP Advisory. Of the senior decision makers surveyed across the Scottish sector, 36% responde

Business restructuring expert FRP Advisory is the latest tenant to take space at Meridian in Union Row in Aberdeen.

FRP Advisory has sold AMTE Power's Scotland business and assets out of administration to Dutch battery technology firm LionVolt, saving 20 jobs. LionVolt is a subsidiary of LionVolt B.V., a group based in Eindhoven, Netherlands – a battery innovator that develops ‘3D’ solid-state b

There were 108 company insolvencies registered in Scotland in December 2023, 5% lower than the number in December 2022, according to the latest official statistics. This was comprised of 40 compulsory liquidations, 65 CVLs and three administrations. There were no CVAs or receivership appointments.

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.

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

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

Michelle Elliot and Simon Carvill-Biggs, partners with FRP Advisory, have been appointed joint administrators of long-established steelwork and cladding design, fabrication and installation business, Border Steelwork Structures Limited. Founded in 1978 and with its registered office in Annan, Dumfri

Stuart Robb and Michelle Elliot, partners with FRP Advisory, have been appointed joint administrators to Barrhead-based construction firm Allma Construction Limited and its sister company Centre Plant Limited as the two firms have collapsed with the loss of 181 jobs.

There was a notable increase in company insolvencies last month with 97 cases registered in Scotland, marking a 41% rise from the previous year. These insolvencies were spread across 44 compulsory liquidations, 51 CVLs (Company Voluntary Liquidations), and two administrations. There were no instance