# Courie Investments Ltd (13653109)

> Why UK company 13653109 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/13653109

- **Status:** In administration
- **Administration began:** 2025-11-25
- **Administrators:** James Alexander Dewar, Alistair Mcalinden
- **Administrators' firm:** Interpath Advisory
- **Incorporated:** 2021-09-30
- **Location:** London
- **Industry:** 68100 Buying and selling of own real estate

## Why it went into administration

- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Property / lease costs

## From the administrators' statement

The Company was incorporated on 30 September 2021 to purchase, develop and sella property at 249 West George Street, Glasgow, G2 4RB. The Property is currently a vacant office building with accommodation over 7 floors. The Company Is privately owned and has no employees, with the Company engaging professional advisors to run its operations.

The Property was initially purchased via a combination of a loan from a commercial lender and equity from shareholders. The Company’s intention was to obtain planning consent for a student accommodation complex, demolish the Property and then re-build in line with the planning consent. It would then be sold to a student accommodation operator.

In 2024 the Company successfully obtained planning permission for a 147-bed student accommodation complex, however it was unable to obtain development funding to progress with its plans.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/13653109/filing-history/MzQ5NTE0ODQ3NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/13653109

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.