Arran Development Trust (SC553739): administration
- Status
- In administration
- Administration began
- 2025-08-07
- Administrators
- James Alexander Dewar, Alistair Mcalinden
- Administrators' firm
- Interpath Advisory
- Incorporated
- 2017-01-05
- Location
- Glasgow
- Industry
- 94990 Activities of other membership organisations n.e.c.
Why it went into administration
- Rising costs / inflation
- Creditor pressure / legal action
- Property / lease costs
- Rising interest rates
- Weather / natural events
From the administrators' statement
Arran Development Trust is a charity which was incorporated, as a company limited by guarantee, in January 2017 with the principal objective of furthering sustainable development for the benefit of the local community on the Isle of Arran. Its core mission has been to create affordable housing for working people on the island.
The first development site (Rowarden) was purchased at Lamlash, upon which it built 18 residential properties. Shortly after completion of the development, across May and June 2025, the Company let all 18 units out to private individuals.
The Company also acquired a second development site (Halls Field) adjacent to Rowarden and obtained planning permission for a further residential development (23 houses). The Company’s strategy was to complete common infrastructure works and sell 23 individual serviced plots, upon which buyers would build their own homes. Whilst the site has been acquired and planning consent obtained, minimal construction or infrastructure work has been undertaken, and no plots were sold.
Administrators' statement of proposals (2025-09-19) · Companies House register