Park Properties (Dundee) Limited (SC337084): administration
- Status
- Administration ended
- Administration began
- 2017-01-23
- Administrators
- Toby Scott Underwood
- Administrators' firm
- PwC
- Incorporated
- 2008-02-01
- Location
- Edinburgh
- Industry
- 68209 Other letting and operating of own or leased real estate
From the administrators' statement
The Company was incorporated in February 2008 and traded as a property investment company. The, Properties were acquired shortly after incorporation, funded by AIB, who advanced sums protected by way of standard securities over each of the properties and a floating charge over the Company’s assets.
Both Properties are occupied with a total rental roll of £57,500 per annum. Details of the Company’s trading arrangements are discussed later in this report.
Administrators' statement of proposals (2017-03-20) · Companies House register