Liquidation

Johnston Carmichael restructuring partner Graeme Bain has been appointed provisional liquidator of Ballantine Castings Limited. Based in Bo’ness, West Lothian, Ballantine Castings is an iron foundry which can trace its roots back almost 200 years.

Accounting and business advisory firm MHA's Michael Reid has been appointed as liquidator for charity Mental Health Aberdeen. The north-east mental health charity has ceased operations with immediate effect after more than 75 years of service, citing insurmountable financial pressures and soaring de

Several charities across Scotland are set to share in £1 million of surplus funds following the sale of Balmanno House by Blair Milne and James Fennessey, joint liquidators and partners with Azets. Balmanno House, a registered charity located in the West End of Glasgow which had been providing

Increased HMRC activity could be causing the recent rise in Scottish company liquidations, according to an Aberdeen insolvency specialist. New figures from Creditsafe showed 141 new Scottish administrations and liquidations in May – the highest number since December 2022 when 142 cases were re

James Dewar and Alistair McAlinden from Interpath have been appointed as joint provisional liquidators to Fishers Tours Limited on Friday 30 May 2025. Fishers Tours was a Dundee-based private hire coach company that provided short and long-distance travel in Scotland. In recent months, the business

Fife-based bagpipe manufacturer RT Shepherd & Son has entered liquidation due to financial difficulties, with its assets being acquired by another local business, Broadleys Bagpipes & Reeds. Founded in the 1970s by the renowned Robert “Bob” Shepherd, the Cardenden-headquartered c

MHA’s Michael Reid has been appointed liquidator for Aberdeen-based Belmar Engineering as the firm ceased trading, resulting in the immediate loss of all 48 jobs. Staff were informed of the situation at a meeting yesterday (Tuesday). A letter was also sent to all known creditors – around

Alistair McAlinden and James Dewar from Interpath have been appointed joint provisional liquidators of St Giles Shopping Centre Holdings Ltd on 8 April 2025. The company was the operator of the St Giles Centre in Elgin, which is owned separately by a company which is not subject to insolvency.

Gordon McIntyre and George Lafferty, insolvency practitioners with McLaren Insolvency, have been appointed joint provisional liquidators of Andrew P Orr (Decorators) Limited. Founded 40 years ago and based in Coatbridge, Andrew P Orr (Decorators) Limited, which traded as Orr Decorators, had a turnov

Home-Start Dundee, a charity dedicated to supporting families in need, is to appoint Shona Campbell of Henderson Loggie as liquidator. The decision comes after extensive efforts to secure sustainable financial support and attract new volunteers to allow the charity to continue its work in the Dundee

Richard Gardiner of Thomson Cooper Accountants has been appointed liquidator of Heritage Park Estates Limited, the company operating Bendochy Park in Blairgowrie. This follows a dispute with residents who were ordered to vacate their lodges by December 2026.

Michael Reid, partner at MHA in Aberdeen, has been appointed liquidator to Elgin-based Morlich Homes Ltd. At board meeting earlier this month, the North-east of Scotland housebuilder, which was incorporated in December 2010, made the decision to move to a formal liquidation process.

Accountancy firm Wbg has advised shareholders planning on using business asset disposal relief (BADR) through a members voluntary liquidation (MVL) process to consider acting sooner rather than later as the likelihood of a bump in capital gains tax (CGT) rises. The advice follows figures from the Of

Shona Campbell of Henderson Loggie has been appointed liquidator to Forfar care home Lochbank following its closure after its registration was cancelled by the Care Inspectorate. The closure follows an inspection report in April that labelled key areas of operation as "weak". Lochbank's 32 staff and

Michael J M Reid of MHA in Aberdeen has been appointed liquidator for a Buckie-based machinery supply company.