Inglis Grain Driers Limited (SC409048): administration
- Status
- Administration ended
- Administration began
- 2021-05-12
- Administrators
- Chad Griffin, Thomas Campbell Maclennan
- Administrators' firm
- FRP Advisory
- Formerly
- DMWS 958 Limited
- Incorporated
- 2011-10-10
- Location
- Edinburgh
- Industry
- 46210 Wholesale of grain, unmanufactured tobacco, seeds and animal feeds
Why it went into administration
- Cash flow / liquidity pressure
- Sustained trading losses
- COVID-19
- Loss-making contracts / project overruns
- Competition / price pressure
From the administrators' statement
AIS traded as grain merchants, selling and storing various types of grain including malting harley, 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 not.
3A, a director, is the majority shareholder and has run the Group since 1985.
Alexander Inglis And Son Limited - In Administration Inglis Grain Driers Limited — In Administratian Tayside Graln Company Limited = In Administration Tha Administrators’ Proposals
Administrators' statement of proposals (2021-07-06) · Companies House register