Tue, 26 Feb 2013 | ADMINISTRATION
Inchmarlo Golf Resort has entered provisional liquidation, with the appointment of KPMG to handle its affairs and the sale of its golf course.
The liquidator has made 25 of Inchmarlo’s 30-strong workforce redundant. The remaining five staff are to assist with office administration and the running of the villa rental business.
Blair Nimmo, the provisional liquidator and head of restructuring at KPMG in Scotland, commented on the situation: “The golf courses have been local fixtures for the last 20 years and we will take all steps possible to find a new owner.
“It is with regret that we have had to make a number of redundancies on appointment, but unfortunately there was no other option.”
The prestigious golf resort, located in the Scottish Highlands, 30 minutes drive from Aberdeen Airport, was opened in 1994 by Open champion Paul Lawrie, and featured an 18-hole course, 9-hole course, 25-bay driving range, and also ran 42 luxury rental self catering villas and a shop.
Inchmarlo’s 18-hole course has previously been awarded a Silver Award in the HSBC Regional Course Rankings.
The business failed, having suffered prolonged trading difficulties. Funding had been put in to the golf resort by the main shareholders over the past five years, but no further cash was available.
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