{"id":963229,"date":"2026-05-16T06:29:20","date_gmt":"2026-05-16T06:29:20","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/963229\/"},"modified":"2026-05-16T06:29:20","modified_gmt":"2026-05-16T06:29:20","slug":"edinburgh-whisky-firm-enters-liquidation-with-over-500k-of-debts","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/963229\/","title":{"rendered":"Edinburgh whisky firm enters liquidation with over \u00a3500k of debts"},"content":{"rendered":"<p>The Scottish firm, Whisky Merchant Trading Limited, entered into liquidation due to financial difficulties<img decoding=\"async\" alt=\"Old Fashioned Cocktail with Orange Peel on black background\" loading=\"eager\"  src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2026\/05\/0_gettyimages-2275814886-612x612.jpg\" \/><\/p>\n<p aria-label=\"The whisky company has hundreds of thousands of debts\" class=\"ImageCaption_caption-title__ccyQU\" data-testid=\"caption-title\">The whisky company has hundreds of thousands of debts(Image: Getty)<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">A Scottish whisky company has collapsed into liquidation after accumulating debts running into thousands of pounds.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">The <a aria-label=\"\" class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.dailyrecord.co.uk\/news\/scottish-news\/scotrail-reveals-red-list-train-37163055\" rel=\"follow noopener\" tabindex=\"0\" target=\"_self\">Edinburgh<\/a>-based firm, Whisky Merchant Trading Limited, which operated brands including Cask 88 and Braeburn <a aria-label=\"\" class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.dailyrecord.co.uk\/scotland-now\/12th-century-fife-castle-great-37140832\" rel=\"follow noopener\" tabindex=\"0\" target=\"_self\">Whisky<\/a>, entered administration owing to serious financial difficulties.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">Stephen Hunt, of Griffins, has been appointed as <a aria-label=\"\" class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.dailyrecord.co.uk\/news\/scottish-news\/scottish-clothes-manufacturer-collapses-after-37158556.amp\" rel=\"follow noopener\" tabindex=\"0\" target=\"_self\">liquidator<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"Professional bartender pouring whiskey from bottle in mixing glass on bar counter.\" loading=\"lazy\"  src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2026\/05\/0_gettyimages-2275777553-612x612.jpg\" \/><\/p>\n<p aria-label=\"The UK whisky company has plunged into liquidation \" class=\"ImageCaption_caption-title__ccyQU\" data-testid=\"caption-title\">The UK whisky company has plunged into liquidation (Image: Getty)<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">The collapse left &#8220;thousands of global customers uncertain of their asset ownership&#8221; after the Edinburgh-based company had previously raised roughly \u00a380 million in investment funds.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">However, customers will not be left out of pocket as administrators confirmed the business was rescued following the sale of key assets to Edinburgh Cask Management (Resolution) Limited.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">The new owners are now working to reunite investors with their casks.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">Griffins said: &#8220;As part of this sale agreement, ECMR has committed to addressing the issues faced by customers who may have purchased casks from the companies but have not yet been located.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">&#8220;They will replace these casks and offer trade-out options for better stock.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">&#8220;Each offer will be tailored to the specific circumstances of individual customers, and ECMR will provide further details in due course.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">&#8220;Additionally, ECMR has agreed to take over cask management where applicable and will work with warehouse operators to resolve outstanding warehouse fees.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">&#8220;Warehousekeepers will enter into agreements to facilitate the transfer of casks to their rightful owners.&#8221; The new proprietors are working to &#8220;resolve debts, transfer casks, and set up verified warehouse accounts for customers&#8221;.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">Griffins added: &#8220;The company expanded rapidly gaining investors worldwide, however, the company was not able to keep up with the increasing costs and expenses.&#8221;<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">ECMR said: &#8220;Our focus throughout the month was on contacting all customers where casks are currently unaccounted for, ensuring every cask is properly reconciled and transferred to its rightful owner.&#8221;<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">Outstanding storage fees totalling \u00a3500,000 have already been settled.<\/p>\n","protected":false},"excerpt":{"rendered":"The Scottish firm, Whisky Merchant Trading Limited, entered into liquidation due to financial difficulties The whisky company has&hellip;\n","protected":false},"author":2,"featured_media":963230,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8816],"tags":[748,1102,4884,712,16,15,15469],"class_list":{"0":"post-963229","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-edinburgh","8":"tag-britain","9":"tag-edinburgh","10":"tag-great-britain","11":"tag-scotland","12":"tag-uk","13":"tag-united-kingdom","14":"tag-whisky"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/116582849422759003","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/963229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=963229"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/963229\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/963230"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=963229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=963229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=963229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}