# Troon Realisations Limited (SC278544)

> Why UK company SC278544 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC278544

- **Status:** Administration ended
- **Administration began:** 2015-02-16
- **Administrators' firm:** FRP Advisory
- **Formerly:** Mackellar Sub-Sea Ltd.; Lochmanse Limited
- **Incorporated:** 2005-01-17
- **Location:** Edinburgh
- **Industry:** 25110 Manufacture of metal structures and parts of structures

## Why it went into administration

- HMRC / tax arrears
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Management failings / irregularities

## From the administrators' statement

The Company was incorporated in 2005 and acquired the business and assets of MacKellar Engineering (Grantown-On-Spey) Ltd, which had been placed into Receivership on 4 March 2005.

The Company trades from heritable and long-leasehold premises in Grantown-On-Spey, Morayshire. Its principal activity is the fabrication and manufacture of components for the sub-sea oil & gas industry. The Company grew rapidly over the prior three years, with turnover increasing by nearly £3M year on year from 2010/11 to the current time.

A summary of the Company’s recent financial history is shown below.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC278544/filing-history/MzEyMTQ5ODgxMGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC278544

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