# Acony Bell Properties Limited (SC276068)

> Why UK company SC276068 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC276068

- **Status:** In administration
- **Administration began:** 2026-03-24
- **Administrators:** Donald Mckinnon, Gordon Neil Mcintyre
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2004-11-15
- **Location:** Glasgow
- **Industry:** 41202 Construction of domestic buildings

## Why it went into administration

- Cash flow / liquidity pressure

## From the administrators' statement

The Company was incorporated on 15 November 2004 and its principal trading activity was as property developers.

At the date of administration, the Company owned land and buildings Blinkbonny Steading, Newburgh, Cupar.

The Director, Irene Watson, has yet to provide a detailed account of the Company’s history. She has however advised that the Company had insufficient working capital to complete the required construction works for the 2 properties. This caused delays which in turn resulted in the Company defaulting on its payment obligations to the secured lender, Lowry Capital Limited (“Lowry Capital”). At the time of my appointment, the Company had 8 months of loan arrears with interest continuing to accrue.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC276068/filing-history/MzUyMjI0MjIwNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC276068

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.