Alexander Inglis and SON Limited (SC027806): administration
- Status
- Administration ended
- Administration began
- 2021-05-12
- Administrators
- Thomas Campbell Maclennan
- Administrators' firm
- FRP Advisory
- Incorporated
- 1950-07-04
- Location
- Edinburgh
- Industry
- 46110 Agents selling agricultural raw materials, livestock, textile raw materials and semi-finished goods
Why it went into administration
- Cash flow / liquidity pressure
- COVID-19
- Loss-making contracts / project overruns
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
AIS traded as grain merchants, selling and storing various types of grain including matting barley, wheat, oil seed rape and oats as well as smaller quantities of seed and fertiliser. Futures trading of wheat was undertaken via brokers. Historically TGCL traded, but IGD did nat.
JA, a director, is the majarity sharehalder and has run the Group since 1985,
Alexander Inglis And San Limited —In Administration Inglis Graln Driers Limited — In Administration Tayside Grain Company Limited — In Administration The Administrators’ Proposals
Administrators' statement of proposals (2021-07-06) · Companies House register