# Granite City Assets Limited (SC416993)

> Why UK company SC416993 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC416993

- **Status:** Administration ended
- **Administration began:** 2015-12-15
- **Administrators:** Francis Graham Newton, James Bernard Stephen
- **Administrators' firm:** BDO
- **Incorporated:** 2012-02-14
- **Location:** Glasgow
- **Industry:** 82990 Other business support service activities n.e.c.

## From the administrators' statement

The Company was incorporated on 14 February 2012. The Company operated from the recorded registered office at 7-11 Melville Street, Edinburgh, EH3 7PE and operated as real estate developers. The Company’s principal activity was real estate development.

The Company owns a one acre site at John Street, Aberdeen (“the land”), which has planning consent for the development of a hotel.

The Company was seeking a buyer for the site and several offers had been received but these were conditional on obtaining further planning permission for a change of use. The offers were not deemed acceptable with the exception of one which progressed to contract stage in early December 2015.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC416993/filing-history/MzE0MTQ3MDE5M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC416993

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