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West Rannoch Homes Limited (SC272901): administration

Status
Administration ended
Administration began
2011-10-17
Administrators
Paul Dounis, Kenneth Wilson Pattullo
Administrators' firm
Begbies Traynor
Incorporated
2004-09-03
Location
Glasgow
Industry
4521

From the administrators' statement

The Company operated as a property developer and was in the process of developing a steading site at Camusericht Farm, Rannoch. The steading development has 9 plots, 4 of which are compiete and sold. The 5 remaining plots are almost complete however there are various issues that need to be rectified by the Joint Administrators in order to both satisfy the local council planning department and to place the remaining plots on the open market.

The main issue is that the water supply system to the 9 plots is inadequate and does not meet the requirement of planners. This requires to be rectified in order to sell the remaining properties.

The Bank was receiving complaints from the tenants of the completed plots that the directors were not addressing the water issues. Also completion of the development appeared to have ground to a halt and despite repeated requests no information was forthcoming to the Bank from the directors.

Administrators' statement of proposals (2011-12-20) · Companies House register

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West Rannoch Homes Limited (SC272901)

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