Carson & Partners nominate a liquidator amidst financial difficulties
February 5 2024
Carson & Partners has nominated Grainger Corporate Rescue & Recovery (GCRR) to assist in the progression of liquidation proceedings following a decision to wind up the business.
Citing a confluence of personal and professional setbacks for the decision founder and director Iain Carson has reluctantly decided to close the business, despite providing loans of around £187k to keep it afloat.
Having survived the pandemic slowdown the business was hit hard by the liquidation of Structured House Group in 2023 and resulting unpaid fees for a hotel in Gullane - as well as a project at Hydepark Street and a scheme for Merchant Residential. This was exacerbated by a period of ill health and the death of business partner Clive Sall of Carson Sall, a connected company based in London.
Professional factors also took their toll including the delayed planning consent for key projects, notably a student housing project for Alumno on St George's Road.
It is unlikely that a buyer for the business, which operates from offices in London and Glasgow, will be found.
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