Arrantay Limited (SC325656): administration
- Status
- Administration ended
- Administration began
- 2015-11-18
- Administrators
- Antonia Susan Mcintyre, Maureen Elizabeth Leslie
- Administrators' firm
- Mazars
- Incorporated
- 2007-06-18
- Location
- Edinburgh
- Industry
- 68209 Other letting and operating of own or leased real estate
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
The Statutory Information for the Company is at Appendix II.
The Company owns 16 Albert Road, Nairn, the former Best Western Windsor Hotel (“the Property’).
Due to the Company being in default with its loan conditions, AIB Group (UK) ple (‘the Bank”) issued a formal 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 (2016-01-11) · Companies House register