The architecture firm behind the revamp of Aberdeen Art Gallery are set to appoint a liquidator after ceasing trading in the UK.
Glasgow-based Hoskins Architects released a statement explaining that the decision was taken “as a result of project delays combined with the illiquidity of a major client and the significant outstanding six-figure debt owed to Gareth Hoskins Architects by that party.”
The wider Hoskins Architects Group is not affected by these developments and its German subsidiary, Hoskins Planungs, will continue to focus on projects in German-speaking countries.
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Hoskins Architects Group announced that the directors of its UK trading subsidiary Gareth Hoskins Architects are in the process of appointing a liquidator, writes Insider.
“We would like to thank all employees, clients, partners and collaborators of the Glasgow office for their many years of loyalty and trust,” the statement concluded.
The practice was set up by Gareth Hoskins in 1998. He died suddenly eight years ago and the firm has traded as Hoskins Architects since 2015.
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According to its last filed accounts for the year ending 30 September 2023, the company employed 34 staff.
It made a loss after tax of £58,900 during the period, having made a £213,000 loss during 2022.
The firm worked on projects including the Aberdeen Art Gallery, the Love Loan development in Glasgow’s George Square and a planned tower block on Washington Street.