Caithness Stone Industries enters administration

UK-based Caithness Stone Industries has entered administration, with RSM Tenon's Iain Fraser reportedly saying that heavy investment had saddled the Spittal, northern Scotland-based quarrying business with unsustainable and acute cash flow problems. Turnover exceeded €3.52 million in 2012.
June 13, 2013

UK-based 7386 Caithness Stone Industries has entered administration, with RSM Tenon's Iain Fraser reportedly saying that heavy investment had saddled the Spittal, northern Scotland-based quarrying business with unsustainable and acute cash flow problems. Turnover exceeded €3.52 million in 2012.

For more information on companies in this article
Caithness Stone Industries
boombox1
boombox2
boombox3
miniboombox1
miniboombox2