Is M Squared Lasers Limited in administration?
Last verified 16 June 2026
Yes, M Squared Lasers Limited (company number SC243330) entered administration on 2 September 2025. Alistair Mcalinden of null was appointed as administrator.
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M Squared Lasers Limited is now under the control of an administrator. Below are the key dates, the directors, the public-record timeline that led here, and what the administration means if you are a creditor, employee, customer or supplier.
Company at a glance
| Status | In Administration |
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| Company number | SC243330 |
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| Previously known as | - M-Squared Lasers Limited, May 2003 to Dec 2020
- Dunwilco (1038) Limited, Feb 2003 to May 2003
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| Incorporated | 3 February 2003 (23 years old) |
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| Registered office | C/O Interpath Ltd, Glasgow, G2 5HF |
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| Nature of business (SIC) | 32990: Other manufacturing n.e.c. (Manufacturing) |
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| Date entered administration | 2 September 2025 |
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| Administrator | Alistair Mcalinden, null (licensed insolvency practitioner) |
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| Official notice | View the official notice ↗ |
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| Statement of Affairs | Filed 8 October 2025, declared assets & liabilities ↗ |
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| Public register | View filing history ↗ |
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About the business
M Squared Lasers Limited is a manufacturing business based in Glasgow, incorporated in 2003 and 22 years old when the administrator was appointed. Its registered activity is other manufacturing n.e.c. (SIC 32990). There have been 20 director appointments since incorporation, of which 4 were on the board when the administrator was appointed, alongside 1 person with significant control. 10 charges have been registered against the company, 5 of which are still outstanding.
Directors
20 people have been appointed as directors of M Squared Lasers Limited.
DirectorStatusAppointedResigned
+14 former directors · resigned 2003 to 2021
A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.
Persons with significant control
Individuals or entities with significant influence or control.
M Squared Technologies Group Limited
corporate entity person with significant control
Ownership of shares 75-100%Voting rights 75-100%
2 ceased controls
- Bgf Nominees Limited · ceased 1 Oct 2017
- Bgf Gp Limited · ceased 13 Nov 2020
Charges register
Secured creditors and encumbrances against the company. 5 outstanding · 5 satisfied.
Status · Creditor · Type · Dates
OutstandingScottish National Investment Bank PLC
A registered charge · Created 19 Dec 2024 · Pending
OutstandingSantander UK PLC (As Security Agent)
A registered charge · Created 1 Jul 2024 · Pending
OutstandingScottish Ministers
A registered charge · Created 13 Nov 2020 · Pending
OutstandingSantander UK PLC (For Itself and as Security Agent)
A registered charge · Created 13 Nov 2020 · Pending
OutstandingSantander UK PLC (For Itself and as Security Agent)
A registered charge · Created 13 Nov 2020 · Pending
+4 earlier charges · 2008 to 2018
SatisfiedBarclays Bank PLC
A registered charge · Created 16 Apr 2018 · Satisfied 19 Nov 2020
SatisfiedBarclays Bank PLC
A registered charge · Created 8 Jan 2015 · Satisfied 19 Nov 2020
SatisfiedClydesdale Bank PLC
Floating charge · Created 7 Jul 2011 · Satisfied 6 Aug 2015
SatisfiedClydesdale Bank PLC
Floating charge · Created 14 Jul 2008 · Satisfied 6 Aug 2015
SatisfiedThe Governor and Company of the Bank of Scotland
Bond & floating charge · Created 10 Nov 2005 · Satisfied 11 May 2011
What happened
EventDateType
Notice of extension of period of Administration24 April 2026AM19(Scot)
Administrator's progress report12 March 2026AM10(Scot)
Creditors’ decision on administrator’s proposals4 November 2025AM07(Scot)
Notice of Administrator's proposal15 October 2025AM03(Scot)
Statement of affairs AM02SOASCOT/AM02SOCSCOT8 October 2025AM02(Scot)
+178 earlier events · 2003 to 2025
Statement of affairs AM02SOASCOT1 October 2025AM02(Scot)
Termination of appointment of Stuart Richard Fraser Malcolm as a secretary on 2025-09-1819 September 2025TM02 Registered office address changed from Venture Building 1 Kelvin Campus West of Scotland Science Park Maryhill Road Glasgow G20 0SP to C/O Interpath Ltd 5th Floor, 130 st. Vincent Street Glasgow G2 5HF on 2025-09-033 September 2025AD01 Appointment of an administrator2 September 2025AM01(Scot)
Confirmation statement made on 2025-02-03 with no updates3 February 2025CS01 Registration of charge SC2433300010, created on 2024-12-1920 December 2024MR01 Registration of charge SC2433300009, created on 2024-07-019 July 2024MR01 Termination of appointment of Stuart Richard Fraser Malcolm as a director on 2024-05-027 May 2024TM01 Confirmation statement made on 2024-02-03 with no updates5 February 2024CS01 Group of companies' accounts made up to 2023-02-2828 November 2023AA Confirmation statement made on 2023-02-03 with no updates3 February 2023CS01 Termination of appointment of John Frederick Henry Nicholls as a director on 2022-12-012 December 2022TM01 Group of companies' accounts made up to 2022-02-2821 June 2022AA Confirmation statement made on 2022-02-03 with no updates3 February 2022CS01 Group of companies' accounts made up to 2021-02-2827 August 2021AA Director's details changed for Mr Stuart Richard Fraser Malcolm on 2021-04-016 April 2021CH01 Termination of appointment of Douglas Fortune Bain as a director on 2021-03-1112 March 2021TM01 Group of companies' accounts made up to 2020-02-2917 February 2021AA Confirmation statement made on 2021-02-03 with updates3 February 2021CS01 Notification of M Squared Technologies Group Limited as a person with significant control on 2020-11-137 January 2021PSC02 Cessation of Bgf Gp Limited as a person with significant control on 2020-11-137 January 2021PSC07 Alterations to floating charge SC24333000083 December 2020466(Scot)
Alterations to floating charge SC24333000072 December 2020466(Scot)
Change of share class name or designation25 November 2020SH08 Registration of charge SC2433300008, created on 2020-11-1324 November 2020MR01 Registration of charge SC2433300007, created on 2020-11-1323 November 2020MR01 Registration of charge SC2433300006, created on 2020-11-1323 November 2020MR01 Memorandum and Articles of Association19 November 2020MA Satisfaction of charge SC2433300005 in full19 November 2020MR04 Satisfaction of charge SC2433300004 in full19 November 2020MR04 Termination of appointment of Andy Roberts as a director on 2020-11-1313 November 2020TM01 Termination of appointment of Patrick Graham as a director on 2020-11-1313 November 2020TM01 Director's details changed for Mr Angus Kennedy Morrison on 2020-08-264 September 2020CH01 Confirmation statement made on 2020-02-03 with no updates4 February 2020CS01 Group of companies' accounts made up to 2019-02-283 December 2019AA Director's details changed for Dr John Frederick Henry Nicholls on 2019-10-099 October 2019CH01 Alterations to floating charge SC24333000048 February 2019466(Scot)
Confirmation statement made on 2019-02-03 with updates4 February 2019CS01 Appointment of Mr Douglas Fortune Bain as a director on 2019-01-291 February 2019AP01 Group of companies' accounts made up to 2018-02-2819 December 2018AA Alterations to floating charge SC24333000047 December 2018466(Scot)
Registration of charge SC2433300005, created on 2018-04-1623 April 2018MR01 Appointment of Mr Andy Roberts as a director on 2018-03-0112 March 2018AP01 Statement of capital following an allotment of shares on 2018-02-269 March 2018SH01 Confirmation statement made on 2018-02-03 with updates6 February 2018CS01 Group of companies' accounts made up to 2017-02-2830 November 2017AA Notification of Bgf Gp Limited as a person with significant control on 2017-10-0118 October 2017PSC02 Cessation of Bgf Nominees Limited as a person with significant control on 2017-10-0118 October 2017PSC07 Cancellation of shares. Statement of capital on 2017-04-2710 May 2017SH06 Purchase of own shares10 May 2017SH03 Statement of capital following an allotment of shares on 2017-04-256 May 2017SH01 Cancellation of shares. Statement of capital on 2017-04-075 May 2017SH06 Purchase of own shares5 May 2017SH03 Confirmation statement made on 2017-02-03 with updates3 February 2017CS01 Group of companies' accounts made up to 2016-02-291 December 2016AA Termination of appointment of Peter Frank Bordui as a director on 2016-10-1419 October 2016TM01 Cancellation of shares. Statement of capital on 2016-09-0730 September 2016SH06 Purchase of own shares26 September 2016SH03 Termination of appointment of William Miller as a director on 2016-08-034 August 2016TM01 Appointment of Mr Stuart Richard Fraser Malcolm as a director on 2016-08-034 August 2016AP01 Termination of appointment of Alan Porter as a secretary on 2016-04-011 April 2016TM02 Appointment of Mr Stuart Richard Fraser Malcolm as a secretary on 2016-04-011 April 2016AP03 Change of share class name or designation30 March 2016SH08 Annual return made up to 2016-02-03 with full list of shareholders21 March 2016AR01 Director's details changed for Mr Peter Frank Bordui on 2016-02-0117 March 2016CH01 Director's details changed for Mr Angus Kennedy Morrison on 2016-02-0117 March 2016CH01 Director's details changed for Dr Graeme Peter Alexander Malcolm on 2016-02-0117 March 2016CH01 Director's details changed for Mr Gareth Thomas Maker on 2016-02-0117 March 2016CH01 Cancellation of shares. Statement of capital on 2016-02-2911 March 2016SH06 Purchase of own shares11 March 2016SH03 Accounts for a small company made up to 2015-02-283 September 2015AA Satisfaction of charge 3 in full6 August 2015MR04 Satisfaction of charge 2 in full6 August 2015MR04 Change of share class name or designation30 June 2015SH08 Appointment of Mr Patrick Graham as a director on 2015-03-0913 March 2015AP01 Termination of appointment of Simon Munro as a director on 2015-03-0912 March 2015TM01 Annual return made up to 2015-02-03 with full list of shareholders27 February 2015AR01 Accounts for a small company made up to 2014-02-2826 January 2015AA Alterations to a floating charge16 January 2015466(Scot)
Registration of charge SC2433300004, created on 2015-01-0812 January 2015MR01 Second filing of SH01 previously delivered to Companies House16 October 2014RP04
Appointment of Mr Simon Munro as a director on 2014-07-291 August 2014AP01 Termination of appointment of Mark Bryant as a director on 2014-07-291 August 2014TM01 Statement of capital following an allotment of shares on 2014-04-0822 May 2014SH01 Annual return made up to 2014-02-03 with full list of shareholders18 March 2014AR01 Register(s) moved to registered office address18 March 2014AD04 Termination of appointment of Graeme Malcolm as a secretary6 January 2014TM02 Registered office address changed from 5Th Floor 125 Princes Street Edinburgh EH2 4AD United Kingdom on 2013-12-1818 December 2013AD01 Appointment of Alan Porter as a secretary18 December 2013AP03 Termination of appointment of Mbm Secretarial Services Limited as a secretary18 December 2013TM02 Accounts for a small company made up to 2013-02-282 December 2013AA Cancellation of shares. Statement of capital on 2013-10-1515 October 2013SH06 Purchase of own shares15 October 2013SH03 Annual return made up to 2013-02-03 with full list of shareholders22 February 2013AR01 Statement of capital following an allotment of shares on 2012-07-122 August 2012SH01 Statement of capital following an allotment of shares on 2012-05-2219 June 2012SH01 Total exemption small company accounts made up to 2012-02-287 June 2012AA Cancellation of shares. Statement of capital on 2012-05-3131 May 2012SH06 Statement of capital following an allotment of shares on 2012-04-2731 May 2012SH01 Statement of capital on 2012-04-2731 May 2012SH02 Statement of capital following an allotment of shares on 2012-04-2731 May 2012SH01 Purchase of own shares31 May 2012SH03 Registered office address changed from 4Th Floor, Saltire Court 20 Castle Terrace Edinburgh Lothian EH1 2EN on 2012-05-2525 May 2012AD01 Appointment of Mbm Secretarial Services Limited as a secretary25 May 2012AP04 Second filing of AR01 previously delivered to Companies House made up to 2012-02-0317 May 2012RP04
Appointment of Mr Peter Frank Bordui as a director8 May 2012AP01 Appointment of Mr Mark Bryant as a director2 May 2012AP01 Director's details changed for William Miller on 2012-04-1212 April 2012CH01 Appointment of Dr John Frederick Henry Nicholls as a director3 April 2012AP01 Annual return made up to 2012-02-03 with full list of shareholders15 February 2012AR01 Total exemption small company accounts made up to 2011-02-2816 September 2011AA Legacy15 July 2011MG01s
Legacy12 May 2011MG03s
Annual return made up to 2011-02-03 with full list of shareholders8 February 2011AR01 Total exemption small company accounts made up to 2010-02-287 October 2010AA Annual return made up to 2010-02-03 with full list of shareholders25 March 2010AR01 Register(s) moved to registered inspection location25 March 2010AD03 Register inspection address has been changed25 March 2010AD02 Director's details changed for Dr Graeme Malcolm on 2010-03-2224 March 2010CH01 Director's details changed for Dr Gareth Thomas Maker on 2010-03-2224 March 2010CH01 Secretary's details changed for Dr Graeme Malcolm on 2010-03-2424 March 2010CH03 Total exemption small company accounts made up to 2009-02-2830 September 2009AA Legacy6 November 2008288c Total exemption small company accounts made up to 2008-02-2824 September 2008AA Legacy17 July 2008410(Scot)
Total exemption small company accounts made up to 2007-02-2830 December 2007AA Legacy14 November 200788(2)O
Legacy21 February 2007288a Legacy15 December 2006288a Legacy11 December 2006122
Legacy11 December 2006123 Total exemption small company accounts made up to 2006-02-287 December 2006AA Legacy15 February 2006363s Accounts for a dormant company made up to 2005-02-2822 December 2005AA Legacy9 December 2005288a Legacy9 December 2005288a Legacy9 December 2005288b Legacy1 December 2005410(Scot)
Legacy4 November 2005288a Legacy4 November 2005288b Legacy25 February 2005363s Accounts for a dormant company made up to 2004-02-2927 October 2004AA Legacy29 December 2003288b Legacy24 December 2003288b Legacy24 December 2003288a Certificate of change of name6 May 2003CERTNM Incorporation3 February 2003NEWINC What this means for you
If you are a creditor
Contact the administrator to register your claim. You cannot start or continue legal action against the company without the court's or administrator's permission. Unsecured creditors are typically paid last.
A creditor's checklist →If you are an employee
Employees are preferential creditors for certain unpaid wages and holiday pay, and may be able to claim from the Redundancy Payments Service if roles are made redundant.
Employee rights and redundancy pay →If you are a customer
Orders, deposits and warranties may be affected. Deposits paid are usually unsecured claims. Contact the administrator about outstanding work or refunds.
What customers can recover →If you are a supplier
Goods supplied before the appointment are an unsecured claim. Check whether any retention-of-title clause applies to goods you can identify and recover.
How retention of title works →Don't be the last to know next time
Most suppliers only find out a customer has failed once it is announced. By then it is too late. Protect monitors every company you sell to and emails you as the warning signs build, well before it becomes official. We can't stop a customer failing, but you'll never be the last to know, and you'll know you did all you could.
See how Protect works, £24/mo →Other manufacturing companies in administration
Related guides
The bigger picture
Frequently asked questions
- Is M Squared Lasers Limited in administration?
- Yes. M Squared Lasers Limited (company number SC243330) entered administration on 2 September 2025. Alistair Mcalinden of null was appointed as administrator.
- Who is the administrator of M Squared Lasers Limited?
- Alistair Mcalinden, a licensed insolvency practitioner at null, was appointed administrator of M Squared Lasers Limited on 2 September 2025. Creditors can contact the administrator directly to submit a claim.
- What does M Squared Lasers Limited do?
- M Squared Lasers Limited's registered nature of business is other manufacturing n.e.c. (SIC 32990). It is classified in the manufacturing sector.
- Where is M Squared Lasers Limited based?
- M Squared Lasers Limited's registered office is C/O Interpath Ltd, Glasgow, G2 5HF. The registered office is the address held on the public register, which is not always the trading address.
- When was M Squared Lasers Limited founded?
- M Squared Lasers Limited was incorporated on 3 February 2003, 22 years before the administrator was appointed.
- What is M Squared Lasers Limited's company number?
- M Squared Lasers Limited's registered company number is SC243330.
- Who has significant control of M Squared Lasers Limited?
- 1 active person with significant control over M Squared Lasers Limited is on the register: M Squared Technologies Group Limited.
- Does M Squared Lasers Limited have any outstanding charges?
- 5 outstanding charges are registered against M Squared Lasers Limited out of 10 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- Are jobs at M Squared Lasers Limited at risk?
- When a company enters administration the administrator decides whether to continue trading, sell the business as a going concern, or wind it down. Employees can contact the administrator for any update on their role, and may be able to claim from the Redundancy Payments Service if their job is made redundant.
- What does administration mean for creditors of M Squared Lasers Limited?
- Administration is a formal insolvency process that gives a company protection from creditors while an administrator tries to rescue it or achieve a better result than liquidation. Creditors cannot start or continue legal action without permission. Unsecured creditors are usually paid last, often only a portion of what they are owed, if anything.
- When did M Squared Lasers Limited go into administration?
- M Squared Lasers Limited went into administration on 2 September 2025.
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