A TOP Scottish architectural firm has called in the administrators after 120 years in business.
Charles Henshaw & Sons Ltd, which was founded in Edinburgh in 1904, announced that “after exploring every avenue to keep afloat, we are unable to continue” on Friday.
“I am proud of our distinguished reputation built over many decades, and it is with deep regret that, after exploring every avenue to keep afloat, we are unable to continue. “We would like to thank our employees, supply chain, consultants, and subcontractors and for their loyal support over the decades.”Shona Campbell has been appointed administrator. Campbell, a business recovery and insolvency partner at Henderson Loggie, said: “My primary focus will be to ensure the well-being of the staff affected by the potential redundancies, providing them with the necessary support and guidance during this challenging time.
“Despite its strengths, the business has faced significant financial pressures due to escalating costs, problematic legacy contracts, and delays in initiating new projects.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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