Scottish city restaurant company placed into liquidation

Edinburgh restaurant company said it had 'taken the difficult decision' to close its doors.

Scottish restaurant company placed into liquidation <i>(Image: Getty Images)</i>

(Image: Getty Images)

A liquidator has been appointed to a Scottish restaurant company.

The Edinburgh firm said it had “taken the difficult decision” to close its doors.

Radicibus had operated in the Stockbridge area of the Scottish capital for almost a decade.

A special resolution was made that the company should be wound up voluntarily. Kevin Mapstone of BTG was appointed liquidator.

chefLiquidator appointed to Scottish restaurant company (Image: Getty Images)

The Deanhaugh Street-registered restaurant company operators said that they had “made the difficult decision to close Radicibus”.

They said in a statement: “After almost 10 years filled with challenges, achievements, laughter, hard work, and unforgettable memories, we feel that the time has come to bring this chapter to an end.

“It has been a truly incredible journey, and we are deeply grateful for the opportunity to share it with all of you. Over the years, many of our customers have become good friends, and the support, kindness, and encouragement we have received from the community have meant more to us than words can express.”

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The most recent figures, for August, show there were 73 company insolvencies registered in Scotland, 23% lower than the number in the same month in 2025. The total number of company insolvencies was comprised of 30 creditors’ voluntary liquidations, 35 compulsory liquidations and eight administrations.

By comparison, in July, there were 83 company insolvencies registered in Scotland, 28% lower than the number in July 2025. The total number of company insolvencies was comprised of 46 creditors’ voluntary liquidations, 31 compulsory liquidations and six administrations. There were no CVAs or receivership appointments.

In England and Wales for the same period, company insolvencies in August consisted of 314 compulsory liquidations, 1,431 creditors’ voluntary liquidations, 182 administrations and 19 company voluntary arrangements.

The total number of insolvencies south of the Border in July was made up of 288 compulsory liquidations, 1,497 creditors’ voluntary liquidations, 124 administrations and 22 company voluntary arrangements. September figures are expected to be published today.