STAFF at Steven Brown Art Limited have been made redundant after it was announced that the company has enterted liquidation.

All of the 21 workers were called in the Ayr gallery earlier today where they were told the news that the company had folded.

It has been confirmed that liquidators Tom MacLennan and Arvindar Jit Singh, partners with FRP Advisory LLP, have been appointed.

The remaining stock will now be sold off.

Tom MacLennan, partner with FRP Advisory commented: “Steven Brown Art Limited became very well-known for its range of highly creative and engaging artwork based around the famous ‘McCoo’ brand.  

"Although the company grew rapidly it had been suffering from serious cash flow problems and creditor pressure. 

"As such the only option was to place the company in liquidation. 

“We will now be selling all the remaining stock and would encourage interested parties to register their interest. 

"We will also work closely with the Redundancy Payments Service and other agencies to minimise the impact on the staff affected by the closure of the business."