Eldo Ltd (SC511523): administration
- Status
- Administration ended
- Administration began
- 2019-07-22
- Administrators
- George Dylan Lafferty, Barry John Stewart
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2015-07-24
- Location
- Glasgow
- Industry
- 55900 Other accommodation
Why it went into administration
- Creditor pressure / legal action
- Pension deficit
From the administrators' statement
The Company was incorporated on 24 July 2015 and commenced trading as a property investment business. It purchased Eldo House, Monkton Road, Prestwick, KA9 2PB (‘the Property”) in November 2015.
The Property comprises a two storey and attic detached former residential property which had been converted to use as a headquarter office accommodation with ancillary workshop, storage and yard facilities.
The Property is subject to a standard security in favour of Assetz Capital Trust Company Limited (“Assetz’). Assetz also hold a floating charge that was registered in December 2016.
Administrators' statement of proposals (2019-08-27) · Companies House register