D S D Homes Ltd. (SC284036): administration
- Status
- Administration ended
- Administration began
- 2013-10-16
- Administrators
- James B Stephen, Francis Graham Newton
- Administrators' firm
- BDO
- Incorporated
- 2005-04-29
- Location
- Glasgow
- Industry
- 68100 Buying and selling of own real estate
Why it went into administration
- Property / lease costs
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 29 April 2005 and operated from the registered office at Reyssielaw, Whiteside Farm, Bathgate, EH48 2HW. The Company’s principal activity as listed at Companies House was the buying and selling of real estate. The Company built a number of residential properties on land adjacent to the director’s farmhouse at Reyssielaw, Whiteside Farm, Bathgate, EH48 2HW. The last property completed towards the end of 2009 with all properties secured to Clydesdale Bank PLC.
At present there are 2 properties remaining, 12 Whiteside Farm Lane, Bathgate (“The Dandie”) which is currently being marketed by Turpie & Co (“TC”) in Bathgate and 8 Whiteside Farm Lane, Bathgate (“The Mutligan”) which is tenanted. TC currently collect the rent.
The Company also owns a piece of land at Burdiehouse Road, Edinburgh, which is currently being marketed by Graham & Sibbald (“G&S”), Chartered Surveyors.
Administrators' statement of proposals (2013-12-09) · Companies House register