POD Venture Limited (SC269042): administration
- Status
- Administration ended
- Administration began
- 2014-02-24
- Administrators' firm
- Baker Tilly Restructuring and Recovery
- Incorporated
- 2004-06-10
- Location
- Edinburgh
- Industry
- 68100 Buying and selling of own real estate
From the administrators' statement
Brief background
POD Venture Limited was incorporated on 10 June 2004 and was set up to acquire and develop property.
During 2004, the company purchased the property at Pitreavie Castle, Dunfermline, a country home, from Pitreavie Castle Estates who had already commenced work converting the castle building into flats. The purchase was financed by a £400,000 loan from associated company, POD 303 Limited and a £250,000 secured loan from The Royal Bank of Scotland ple (RBS). POD Venture Limited also granted a cross company guarantee to RBS.
Administrators' statement of proposals (2014-04-24) · Companies House register