Two north-east firms reliant on income from the oil and gas industry have collapsed with the loss of 37 jobs.
Quayside Fabrication, a manufacturer based at Colpy, Aberdeenshire and Claremont Office Interiors (Scotland) in Aberdeen have both been put into liquidation.
Quayside Fabrication, which traded from leased workshop premises, specialised in structural steelwork and fabrication services to the oil and gas and marine industries.
Liquidators Johnston Carmichael said the firm has been “badly affected by the ongoing lack of larger projects, reductions in the rates offered to fabrication businesses and the costs of trying to maintain vessel mobilisation / demobilisation services during the downturn”.
The company had 24 employees who have been made redundant.
Claremont, an office furniture wholesaler in West Tullos, supplied and installed moveable and fitted office furniture to customers principally in the oil and gas industry.
Again, the firm’s orders had decreased substantially due to the impact of the depressed oil price on its customers’ budgets, Johnston Carmichael.
The company had 13 employees, all of whom have been made redundant.
Gordon MacLure, restructuring partner at Johnston Carmichael, has been appointed provisional liquidator of both firms.
He said: “The failure of these companies, which had diverse service and product offerings to one another, further demonstrates the negative impact the downturn in the energy sector is continuing to have on businesses right across the north-east economy.
“With no apparent recovery in sight it may be expected that there will be more company failures as we move towards the end of the year.”