Allma Holdings Limited (SC354030): administration
- Status
- Administration ended
- Administration began
- 2023-08-24
- Administrators
- Callum Angus Carmichael, Michelle Marie Elliot
- Administrators' firm
- FRP Advisory
- Formerly
- MM&S (5450) Limited
- Incorporated
- 2009-01-26
- Location
- Glasgow
- Industry
- 42990 Construction of other civil engineering projects n.e.c.
Why it went into administration
- COVID-19
- Cash flow / liquidity pressure
- Property / lease costs
- Sustained trading losses
- Parent or group failure
- Rising interest rates
From the administrators' statement
The Company, Allma Holdings Limited (‘AHL”) was incorporated on 26 January 2009 and was a property holding company.
The Company was part of the Allma Group (“the Group”) which included Centre Plant Limited (“CPL”) and Allma Construction Limited (‘ACL”).
The company owned 3 properties being 24, 26 and 28 Muriel Street, Barrhead, G78 1QB and these were informally leased to ACL and CPL.
Administrators' statement of proposals (2023-10-17) · Companies House register