F.M.S. Construction Ltd. (SC194271): administration
- Status
- Administration ended
- Administration began
- 2011-05-11
- Administrators
- James Bernard Stephen, David J Hill
- Administrators' firm
- BDO
- Incorporated
- 1999-03-11
- Location
- Glasgow
- Industry
- 4521
From the administrators' statement
The Company was incorporated on 11 March 1999 and traded as a building contractor from freehold premises at Unit 5 Station Place, Forfar.
On 10 May 2011, Clydesdale Bank plc (“the Bank”) demanded immediate repayment of its tending under the terms of its floating charge.
On 11 May 2011 an application for appointment of Joint Administrators was made by the Floating Charge Holder, pursuant to Paragraph 14 of Schedule B1 of the Insolvency Act 1986. On 11 May 2011, James B Stephen and David J Hill, both of BDO LLP, were appointed Joint Administrators. The Joint Administrators act jointly and severally.
Administrators' statement of proposals (2011-07-04) · Companies House register