Scotland has witnessed a surge in new businesses, with over 3,200 start-ups registered in May 2023, according to research conducted by R3, the UK’s insolvency and restructuring trade body.
Fintech start-up ZIPZERO has relocated its headquarters from London to Aberdeen, as it looks to leverage the region’s thriving tech scene to drive its expansion.
James Fennessey, Colin Haig and Matthew Richards, partners with accountancy firm Azets, have secured a going-concern sale of the Antonine Shopping Centre in Cumbernauld to a new joint venture company, Beltrace (Antonine) Ltd., for an undisclosed sum.
Edinburgh-based water retailer Business Stream has achieved a record savings of £2.85 million for the country’s public sector this year, elevating the total savings to £6.4m over a three-year period.
Callum Carmichael and Chad Griffin, partners with FRP Advisory, have been appointed joint administrators of seaweed harvesting and seaweed-based seasonings manufacturer, Mara Seaweed Limited.
Scottish tax and business consultancy firm EQ Accountants has announced 23 promotions throughout its organisation, with a focus on promoting its home-grown talent.
Ken Pattullo and Kenny Craig of Begbies Traynor have taken the helm as joint provisional liquidators of Dundee-based property development firm, Alicydon Limited, after it fell into provisional liquidation on 20 June 2023.
VAT expert, Iain Masterton, has warned that escalating costs driven by inflation could jeopardise the survival of smaller businesses by pushing them over the current VAT threshold.