# National Timber Group Scotland Limited (SC080045)

> Why UK company SC080045 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC080045

- **Status:** In administration
- **Administration began:** 2025-11-26
- **Administrators:** Michael John Magnay, Gemma Quinn, Jonathan Charles Marston
- **Administrators' firm:** Alvarez & Marsal
- **Formerly:** Rembrand Timber Limited
- **Incorporated:** 1982-09-16
- **Location:** Glasgow
- **Industry:** 46130 Agents involved in the sale of timber and building materials

## Why it went into administration

- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Sustained trading losses
- Credit insurance / supplier credit withdrawn

## From the administrators' statement

The Company was incorporated on 16 September 1982, as Rembrand Timber Limited. The Company was acquired by Cairngorm in June 2018, and subsequently became National Timber Group Scotland Limited, on 3 March 2020.

Funding and financial position of the Company

A Company balance sheet, as at 30 September 2025, (the most recent management accounts) is shown at Appendix 2. A summary of the Company’s financial performance for the period from 1 January 2022 onwards is shown below:

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC080045/filing-history/MzUwMDUzODc4NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC080045

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.