A DUNFERMLINE firm is in financial trouble after a winding up order was submitted to Dunfermline Sheriff Court.
A petition for Forsyth Marine Consultancy Ltd, which has a registered office on Rose Street in the city, was presented on December 3.
It requested that the firm be wound up and a liquidator appointed.
The court action was on behalf of the commissioners for His Majesty's Revenue and Customs.
All parties claiming an interest must lodge answers with the court within seven days.
Liquidation is the process of closing a limited company, selling the assets to pay off debts and dissolving the company from the official register at Companies House.
In short, it will stop doing business and employing people.
In general terms liquidation is the process a company faces when there are cash flow problems and creditors are threatening to take enforcement action.
