Linklever (Scotland) Limited (SC296403): administration
- Status
- Administration ended
- Administration began
- 2016-08-10
- Administrators
- Francis Graham Newton, James Bernard Stephen
- Administrators' firm
- BDO
- Incorporated
- 2006-02-01
- Location
- Edinburgh
- Industry
- 41100 Development of building projects
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
The Company was incorporated on 1 February 2006. The Company operated from its registered office at 2 Belford Road, Edinburgh, EH4 2BL and the Company’s principal activity was development and selling of real estate.
The Company’s facility with the secured creditor had expired and as no suitable refinancing of the debt could be agreed, the secured creditor issued a demand for payment. As no payment was received by the deadline, the secured creditor moved to place the Company into Administration.
James Bernard Stephen and Francis Graham Newton, both of BDO LLP, were appointed Joint Administrators of the Company on 10 August 2016. The appointment was made by Promontoria (Henrico) Limited, 1 Grant's Row, Lower Mount Street, Dublin, in terms of Paragraph 14 of Schedule B1 of the Insolvency Act 1986.
Administrators' statement of proposals (2016-10-05) · Companies House register