Ctco246 Limited (SC268424): administration
- Status
- Administration ended
- Administration began
- 2012-12-13
- Administrators
- Elizabeth Mackay, Fraser Gray, Anne Clare O'Keefe
- Administrators' firm
- AlixPartners
- Formerly
- Baronsgate Estates Limited; Newco (793) Limited
- Incorporated
- 2004-05-26
- Location
- Glasgow
- Industry
- 68209 Other letting and operating of own or leased real estate
Why it went into administration
- Funding withdrawn / unable to refinance
- Sustained trading losses
- Parent or group failure
From the administrators' statement
The Companies form part of a group of companies {the Group) whose principal business is property development and property management. The owner and manager of the Group is Stuart Wilson, The Group comprises of fifteen companies, of which seven are dormant.
CTCO246, CTC0646, Beacon and Thornhill Securities Limited were placed in Administration on 13 December 2012. Further details of the ownership of these four entities are detailed at Appendix A.
The other companies in the Group are not subject to formal insolvency procedures.
Administrators' statement of proposals (2013-02-11) · Companies House register