Galloway based hotel goes into provisional liquidation

Paul Dounis and Lindsey Cooper of RSM Restructuring Advisory LLP were appointed Provisional Liquidators of Kirroughtree House Hotel on 7 November 2017. 

Kirroughtree House Hotel, based in Galloway, is a heritage-listed mansion hotel that catered for business and tourist visitors. The business employed eight employees. 

The Company had suffered financially over time due to a slowdown in tourism to the area. Due to this, the director made the decision to appoint a liquidator. All employees were made redundant and their claims are being dealt with by the Redundancy Payments Service (RPS).

Paul Dounis, RSM restructuring advisory partner in Scotland, said: ‘The director at Kirroughtree House Hotel has taken the difficult decision to close due to increasingly tough trading conditions. We are working with our professional advisors to support staff and assess the company’s remaining assets with a view to maximising realisations for creditors.

‘Regarding particular employee claims, the team is working with the Redundancy Payment Service to process the claims as quickly as possible within the RPS guidelines.’