A SCOTTISH housebuilding firm has entered liquidation after it failed to recover from Covid, according to liquidators.
Neil Murray Housebuilders, based in Turiff, paused trading in September 2023 and has now confirmed liquidation, resulting in 20 job losses.
The firm employed joiners, bricklayers, stone masons, slaters, roof tilers and painters, and specialised in timber frame kits. It is a family-owned business.
It comes weeks after the collapse of Stewart Milne Group – which resulted in 217 jobs being lost.
READ MORE: Stewart Milne Group threatened with legal action by union
Henderson Loggie (Business Recovery and Insolvency) has been charged with managing the 21-year-old company’s insolvency.
They had previously completed housing developments in Turriff, Meikle Wartle, Ellon and Portsoy.
Shona Campbell said: “The construction industry has been met with many challenges in recent years, not least the impact of Covid and lockdowns which led to delays, rising costs of materials, and supply issues.
“The business suffered cashflow pressures which became unsustainable and had effectively stopped trading prior to my appointment as liquidator in September last year.
“Since then, we have been working to realise assets and provide guidance and support to ensure former employees receive their full employment entitlements.”
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