Premier Developments Lochaber Limited (SC247539): administration
- Status
- Administration ended
- Administration began
- 2016-07-11
- Formerly
- Highland Welcome Limited; Premier Developments Lochaber Limited; Directrun Limited
- Incorporated
- 2003-04-09
- Location
- Renfrew
- Industry
- 41100 Development of building projects
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
JOINT ADMINISTRATORS
The Company was incorporated in April 2002 and initially carried on the business of residential property development.
In 2007 the Company purchased the business and assets of the Letterfinlay Lodge Hotel, located on the banks of Loch Lochy, about eight miles north of Fort William. In addition to the hotel, the Company acquired title to an area of land adjacent to the hotel grounds which was earmarked for development and in respect of which a planning application has been submitted for approval.
Administrators' statement of proposals (2016-09-14) · Companies House register