Published: 19th February 2010
The Glasshouse restaurant at Eskmills, near Musselburgh has gone into liquidation with debts of £147,000 involving a number of creditors.
Ken Pattullo and Scott McGregor, of business rescue and restructuring specialist Begbies Traynor, were appointed provisional liquidators on 11 February, 2010 at the request of chef patron Steven Adair.
“The provisional liquidators will investigate the reasons for the insolvency,” said Mr Pattullo, managing partner for Begbies Traynor in Scotland. “On the face of it, the difficult economic climate seems to have been a significant factor.”
He added that the provisional liquidators will be working with the landlord in order to secure a new tenant as soon as possible, with a view to selling the assets of the company to any prospective tenant.
Mr Pattullo said the restaurant had already closed for business when the provisional liquidators were appointed and the four members of staff were made redundant. The premises were leased.
Ken joined the Glasgow office of Begbies Traynor in 2003, before overseeing the firm's expansion into further offices in Edinburgh, Dundee, Aberdeen and Belfast. He previously worked at KPMG, Ernst & Young and PricewaterhouseCoopers in Scotland. He has a broad range of experience in Corporate Rescue and Recovery, as well as in turnaround and restructuring, corporate and personal insolvency, investigations and IBRs.
Specialisms: Licensed trade, haulage, property investment/development, construction, agriculture engineering/manufacturing.