Fraser Blair Limited (SC641577): administration
- Status
- In administration
- Administration began
- 2026-03-16
- Administrators
- Edward Avery-Gee, Nick Brierley
- Administrators' firm
- CG&Co
- Incorporated
- 2019-09-13
- Location
- Glasgow
- Industry
- 41100 Development of building projects
From the administrators' statement
Fraser Blair Limited was incorporated by Garry Cowan on 13 September 2019 with the purpose of acquiring the land adjacent to 332 Kelvindale Road, Glasgow with title numbers GLA237985 and GLA24072, and developing five residential properties (“the Property”).
The Property was transferred to the Company on 19 March 2020. On the same date, the Company granted a standard security in favour of Hugh McClelland and Allison McClelland, the previous proprietors of the land.
On 21 April 2022, the Company granted a further standard security in favour of Lowry Capital Limited in connection with a loan of £1,846,428.00, which, according to the Director, was advanced to fund the construction of the Property. The earlier standard security in favour of the McClellands was subsequently discharged on 21 June 2022.
Administrators' statement of proposals (2026-05-11) · Companies House register