Coatbridge-based Galino Limited is described as a manufacturer of fasteners and machine screw products.
David McGinness and Judith Howson, of AAB Business & Tax Advisory, have been appointed joint administrators of the company.
A Scottish engineering company has been placed into administration. (Image: Getty Images)
Mr McGinness, joint administrator, said: “Upon appointment, the business ceased to trade and, unfortunately all 12 staff were made redundant.
“A small number of former employees will be assisting the Joint Administrators in their duties for a short period of time.
“The joint administrators are engaged with the relevant agencies to co-ordinate supporting the employees through the difficult…