The largest contractor in Perthshire went into administration in September and the scale of the firm’s debts has been confirmed in a Companies House update.

Latest accounts for the firm for the year to March 31 2023 show a turnover of £30.2m generating a pre-tax profit of £260,503.

Unsecured creditors were owed £6.7m at the time of Hadden’s demise with administrator Alvarez and Marsal stating that it is “highly unlikely” they will receive any money for their debts.

In March this year Hadden was appointed by the Scottish Procurement Alliance to its £100m Refurbishment and Modernisation (RM3) Framework.

Hadden was already appointed to SPA’s Public Buildings and Infrastructure (PB3) Framework and New Build Housing Construction (H2) Framework, as well as several other public sector frameworks including Scotland Excel’s New Build Residential Framework, Wheatley Group, Link Group, Hub East Central, Hub South East and The City of Edinburgh Council.