Cordelt Limited (SC176852): administration
- Status
- Administration ended
- Administration began
- 2014-01-07
- Administrators
- Derek Forsyth, David K Hunter
- Administrators' firm
- Azets
- Incorporated
- 1997-07-01
- Location
- Edinburgh
- Industry
- 68209 Other letting and operating of own or leased real estate
Why it went into administration
- Property / lease costs
From the administrators' statement
The Company was incorporated on 1 July 1997 under Company number SC176852. A background history of the Company has been provided by the Directors at the date of appointment, and this is summarized as follows:
The Company operated as investment property managers. The parent company is GWS Property Limited and it also controlled two other companies in the group, Scotstone Limited and Mako Property Limited. GWS Property Limited was placed into liquidation on 4 February 2014.
The Company generated income from property sales and also ingathered rent. At the date of appointment the Company owned 10 properties in the Edinburgh area.
Administrators' statement of proposals (2014-03-04) · Companies House register