# Dudhope Properties Limited (SC085429)

> Why UK company SC085429 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC085429

- **Status:** Administration ended
- **Administration began:** 2012-01-14
- **Administrators:** Gary Steven Fraser, Blair Carnegie Nimmo
- **Administrators' firm:** KPMG
- **Formerly:** Leswand
- **Incorporated:** 1983-11-09
- **Location:** Edinburgh
- **Industry:** 68100 Buying and selling of own real estate

## Why it went into administration

- Funding withdrawn / unable to refinance

## From the administrators' statement

Dudhope Properties Limited (“the Company” or “Dudhope”), previously known as Leswand Limited, was incorporated on 9 November 1983. Since then, Dudhope had slowly grown in to a well established property company providing rental accommodation in the Dundee area.

However, in recent years, consistent with the faltering housing market, Dudhope found it increasingly difficult to trade within its banking facility and remain within its loan covenants.

On our appointment, the Company opérated a stock of 20 residential properties, all of which were tenanted, with one further property used as an office.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC085429/filing-history/MzA3NDI1OTczMWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC085429

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