MAR Estates Limited (SC203007): administration
- Status
- Administration ended
- Administration began
- 2023-08-22
- Administrators
- Joseph Luke Carleton, Andrew Dolliver, Kristopher Stewart Aspin
- Administrators' firm
- EY
- Formerly
- Quillco 84 Limited
- Incorporated
- 2000-01-17
- Location
- Glasgow
- Industry
- 55100 Hotels and similar accommodation
Why it went into administration
- COVID-19
- Funding withdrawn / unable to refinance
- Rising costs / inflation
From the administrators' statement
The Company was incorporated on 17 January 2000, and trades as Mar Hall Golf & Spa Resort (‘Mar Hall’). Mar Hall is a 5-star luxury hotel near Glasgow, employing 122 staff.
The Company’s shareholders are Oakenash Group Ltd (48.17%) (shareholders are Mr William Stuart Wilson and Mr Paul Raymond Barratt Agnew), Mr Brian Hugh Lemond (16.75%), Mr William Stuart Wilson (Directly 16.75%, Indirectly 24.09%), Mr Paul Raymond Barratt Agnew (Directly 16.75%, Indirectly 24.09%), and Jeanette Montgomery (1.57%). Mr Lemon, Mr Wilson and Mr Agnew are also the Company’s directors.
Financial information
Administrators' statement of proposals (2023-10-17) · Companies House register