Mill of Dyce Limited (SC283534): administration and why it failed

Mill of Dyce Limited (SC283534): administration

Status: Administration ended
Administration began: 2015-08-03
Administrators: Antonia Susan Mcintyre, Maureen Elizabeth Leslie
Administrators' firm: Mazars
Formerly: HBJ 725 Limited
Incorporated: 2005-04-20
Location: Glasgow
Industry: 68100 Buying and selling of own real estate

From the administrators' statement

The Statutory Information for the Company is at Appendix 1,

The Company owns a development site at Block Plant, Mill of Dyce, Pitmedden Road, Aberdeen, AB21 OHA (“the Land”).

Due to the Company being in default with its loan conditions, Allied trish Bank ("the Bank") issued a format demand to the Company requesting immediate payment of the principal debt and interest. The Company failed to repay the sum demanded and the Bank took steps to have the Company placed into Administration.

Administrators' statement of proposals (2015-10-05) · Companies House register

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Mill of Dyce Limited (SC283534): administration

From the administrators' statement

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Mill of Dyce Limited (SC283534)