Perth-based land and property agents Bell Ingram have become a Limited Liability Partnership.
LLP status limits the liability of partners to the amount of money they invest in the business and offers advantages with tax and national insurance.
By changing to a LLP, the former company was put into liquidation.
Spokesman Gordon Thoms said: “This form of liquidation is a solvent kind, in order to make Bell Ingram a limited liability company.
“All the assets of Bell Ingram were transferred to the LLP, along with our staff, so there haven’t been any redundancies.”
He continued: “We’ve always been known as Bell Ingram and it is business as usual.”
Bell Ingram employ 110 people at nine offices in the UK. The head office is in Isla Road, Perth.
They were set up in 1899 in Perthshire and are now among the UK’s biggest firms of independent land agents.
They specialise in rural land management for private clients and are one of the UK’s leading providers of land management services to the energy sector.
