Wichford Ladywell Limited (SC223440): administration
- Status
- Administration ended
- Administration began
- 2013-01-15
- Administrators
- Philip James Watkins, Geoffrey Paul Rowley
- Administrators' firm
- FRP Advisory
- Formerly
- West Register (Ladywell) Limited; Roboscot (50) Limited
- Incorporated
- 2001-09-21
- Location
- Edinburgh
- Industry
- 68320 Management of real estate on a fee or contract basis
From the administrators' statement
In 2003 Wichford Plc (Wichford’) was founded as a limited partnership investment fund. In 2008 Redefine International Plc acquired an initial stake in Wichford and in July 2011 Wichford and Redefine International Plc (renamed Redefine International Holdings Limited “RIHL") merged to create a substantial yield focused mid-tier property investment company.
The enlarged Wichford group would own a property portfolio weil diversified by sector and geography, and would include office properties, shopping centres and hotels. The combined income stream would diversify the risk within Wichford of significant exposure to UK government income, given the UK government's rationalisation plans.
The Company is owned by Wichford Gamma Limited (“Gamma”), a subsidiary of Wichford and was incorporated in 2001 as a special purpose vehicle (‘SPV’) to own the freehold property known as Ladywell House, at Ladywell Road, Edinburgh. The property is currently occupied by a government department, under a lease that runs until 2020.
Administrators' statement of proposals (2013-03-11) · Companies House register