Tor Ecosse Limited entered administration on 4th May 2018 with the appointment of Iain Fraser and Tom MacLennan, partners at specialist business advisory firm FRP Advisory LLP, as Joint Administrators.
Tor Ecosse is a developer and building contractor based in Inverurie, Aberdeenshire and has been trading since 1996. The Company has ceased trading with immediate effect, resulting in all 11 members of staff being made redundant.
Joint Administrator Iain Fraser commented: “Tor Ecosse was a well-established developer in Aberdeenshire, but unfortunately the financial issues the Company faced could not be resolved, resulting in it entering into administration. We will now focus on selling the assets of the Company and will work closely with all agencies, including the Redundancy Payments Office, to ensure that employees receive every support at this difficult time.”