Modus Estates (Maybole) Limited (SC286109): administration and why it failed

Modus Estates (Maybole) Limited (SC286109): administration

Status: Administration ended
Administration began: 2013-10-15
Administrators: Derek Forsyth, David K Hunter
Administrators' firm: Azets
Formerly: Quillco 209 Limited
Incorporated: 2005-06-13
Location: Renfrew
Industry: 68100 Buying and selling of own real estate

Why it went into administration

Cash flow / liquidity pressure

From the administrators' statement

OF THE JOINT ADMINISTRATORS

The Company was incorporated on 13 June 2005 as Quillco 209 Limited under Company number SC286109. The Company changed its name to Modus Estates

(Maybole) Limited on 11 October 2005.

Administrators' statement of proposals (2013-12-11) · Companies House register

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Modus Estates (Maybole) Limited (SC286109): administration

Why it went into administration

From the administrators' statement

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Modus Estates (Maybole) Limited (SC286109)