Aquaculture services business falls into administration

Aqualife Services Limited, a Stirling-based aquaculture services business, has ceased trading and been placed into administration. Founded in 1996, Aqualife Services specialised in fish vaccination, serving the aquaculture sector both in the UK and internationally.

The company had become known for its innovative, spider-like robotic technology, which improved the efficiency of fish vaccination in settings such as salmon farms. However, it had come under increasing pressure as a result of a number of headwinds.

Over recent years, the company had outsourced its assembly operations as it sought to increase its scalability, but has been hit by significant Canadian orders being postponed, as well as sustained commercial pressures resulting from international uncertainty over trade tariffs.

The company ceased trading prior to the appointment of Interpath Advisory partners Alistair McAlinden and Geoff Jacobs as joint administrators on August 6 2025, with all staff made redundant.

Following their appointment, the joint administrators are seeking a buyer for the company’s business and assets while they wind down its operations. Interpath has stated that it expects interest in the business and its technology from international buyers in the aquaculture industry.

Joint administrator and Interpath Advisory’s Head of Scotland Alistair McAlinden said: “Aqualife was a pioneer in the use of robotic technology in aquaculture and fish vaccination. It had built a strong reputation for precision and innovation. Unfortunately, the business faced a number of challenges in recent years, including delays to key contracts and increasing financial pressures.”

Interpath Managing Director and joint administrator Geoff Jacobs added: “Our immediate priority is to support impacted employees and to explore options for the sale of the business and its assets. Given the anticipated interest from players in the global aquaculture sector, interested parties are encouraged to contact us as matter of urgency.”

In accounts for the year to December 31 2023, Aqualife Services Limited’s fixed assets were valued at around £862,000 and current assets at around £838,000. However, its net liabilities at the time exceeded £1.5 million.

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