Johnston Carmichael appointed provisional liquidator of energy supply businesses
The firm, Johnston Carmichael, has been appointed provisional liquidator of both Claremont Office Interiors (Scotland) Limited and Quayside Fabrications Limited.
A JOHNSTON CARMICHAEL PARTNER has been appointed provisional liquidator of both Claremont Office Interiors (Scotland) Limited and Quayside Fabrications Limited.
Gordon MacLure, restructuring partner, said: “The failure of these companies further demonstrates the negative impact the downturn in the energy sector is continuing to have on businesses right across the north-east economy.”
Claremont traded from leased premises at Tyseal Base, Craigshaw Crescent, West Tullos, Aberdeen and supplied and installed moveable and fitted office furniture to customers principally in the oil and gas industry. Orders decreased substantially due to the impact of the depressed oil price. Claremont had 13 employees, all of whom were made redundant.
Quayside Fabrications, traded from leased premises in Aberdeenshire, provided specialised structural steelwork and fabrication services, in addition to vessel mobilisation/demobilisation. It has been badly affected by the ongoing lack of larger projects, reductions in fabrication businesses rates and the costs of vessel mobilisation/demobilisation maintenance. The company had 24 employees made redundant.
MacLure added: “With no apparent recovery in sight it may be expected that there will be more company failures as we move towards the end of the year.”