GM Drumshangie Limited (SC277477): administration and why it failed

GM Drumshangie Limited (SC277477): administration

Status: Administration ended
Administration began: 2012-09-10
Administrators: John Bruce Cartwright, Laurie Katherine Manson
Administrators' firm: PwC
Formerly: Dunwilco (1220) Limited
Incorporated: 2004-12-15
Location: Edinburgh
Industry: 74990 Non-trading company

From the administrators' statement

The Company was incorporated in 2004. In conjunction with its 100% shareholder, Airdrie North Limited (also in Administration), it sought to develop 1,550 acres of land in North Lanarkshire (“the Site”). This land was a former open cast mine which was to be redeveloped for energy from waste plant and data centre. The Company had no employees or other assets.

Administrators' statement of proposals (2012-11-05) · Companies House register

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GM Drumshangie Limited (SC277477): administration

From the administrators' statement

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GM Drumshangie Limited (SC277477)