Aquarius Fishing Enterprises LLP (SO306584): administration
- Status
- Administration ended
- Administration began
- 2024-05-08
- Administrators
- Donald Iain Mcnaught, Richard Gordon Bathgate
- Administrators' firm
- BDO
- Incorporated
- 2018-11-27
- Location
- Aberdeen
From the administrators' statement
The LLP’s principal activity was the operation of the MFV Ocean Crest fishing vessel for prawn fishing from Fraserburgh Harbour in Aberdeenshire. The LLP also has a Licence to Fish.
Several of the designated members have advised the Joint Administrators that prawn fishing had recently been very poor, with a resultant lack of cashflow with which to keep the LLP operating.
Following a meeting between Richard Bathgate and two of the designated members in Fraserburgh on 17 April 2024, in which a range of options to avoid an insolvency were discussed, the designated members resolved to appoint Richard Bathgate and Donald McNaught of Johnston Carmichael LLP as Joint Administrators of the LLP on 29 April 2024. The appointment of the Joint Administrators was made by the Court of Session.
Administrators' statement of proposals (2024-06-21) · Companies House register