# Nortemara Limited (SC312710)

> Why UK company SC312710 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC312710

- **Status:** Administration ended
- **Administration began:** 2013-11-18
- **Administrators:** Alexander Iain Fraser, Thomas Campbell Maclennan
- **Administrators' firm:** FRP Advisory
- **Formerly:** Mackinco (57) Limited
- **Incorporated:** 2006-11-29
- **Location:** Aberdeen
- **Industry:** 03110 Marine fishing

## Why it went into administration

- Creditor pressure / legal action

## From the administrators' statement

The Company was incorporated in 2006 for the purpose of owning a fishing vessel with funding for the purchase of the assets obtained from the Royal Bank of Scotland plc CRBS”).

The vessel has had a history of mechanical failures whilst it has been an asset of the Company which despite several attempted repairs and overhauls has severely impacted on the amount of time spent at sea.

Successful repairs were made to the vessel in 2012 and the vessel enjoyed profitable trips however large losses had been suffered in the previous year and the Company was under pressure from creditors.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC312710/filing-history/MzA5MjUxMTAyMmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC312710

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