The company director carried out a review of potential options to preserve the business, including exploring alternative solutions to allow trading to continue.
However, it was ultimately concluded that liquidation was the only viable course of action.
Richard Bathgate, restructuring partner and licensed insolvency practitioner at Johnston Carmichael LLP, has been appointed interim liquidator.
The liquidation process is now underway, with efforts focused on assessing the company’s position and protecting the interests of those affected.
Customers and creditors have been advised to contact the Johnston Carmichael liquidation team for assistance and further information.
Additional updates are expected to be…