Killean Estate Limited (SC520359): administration
- Status
- Administration ended
- Administration began
- 2018-07-17
- Administrators
- Gareth Harris, Paul Dounis
- Administrators' firm
- RSM
- Incorporated
- 2015-11-16
- Location
- Edinburgh
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Property / lease costs
From the administrators' statement
24 Brief background
Killean Estate Limited (“the Company’) was incorporated on 16 November 2015. The Killean Estate comprises of self-catering holiday lets, three farms, a shop, petro! station and a derelict hotel. The Company also holds a sporting lease for the adjoining fand for organised shoots.
The purchase of the estate was facilitated by a loan of c£6,000,000 from SSSHL, which is secured by way of fixed and floating charge.
Administrators' statement of proposals (2018-09-11) · Companies House register