A SCOTTISH glass-making firm has gone bust after grappling with soaring costs and recruitment issues.
Blair Nimmo and Geoff Jacobs from Interpath Advisory have been appointed joint provisional liquidators of North Lands Creative Glass, with six employees made redundant from the business as a result.
Its vision was to be an international centre of excellence in glass making, dedicated to the study, appreciation and development of glass art.It has operated at a loss for a number of years and despite the efforts of directors to rectify this, the company has continued to face more intense challenges with significant increases in costs along with operational problems including difficulties recruiting staff.
Nimmo, chief executive of Interpath Advisory and joint administrator, said: “North Lands Creative Glass is a unique organisation with a well-founded reputation for developing glass and therefore it is extremely disappointing for the company’s many stakeholders, funders and employees that it could not continue to trade viably.”
“Clearly it would be great to see the business continue in some manner and therefore, if any party is interested in acquiring the business and/or its assets, they should contact the joint liquidators as soon as possible.”We know there are thousands of National readers who want to debate, argue and go back and forth in the comments section of our stories. We’ve got the most informed readers in Scotland, asking each other the big questions about the future of our country.
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