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Marturano Homes Ltd (SC647784): administration

Status
In administration
Administration began
2025-06-05
Administrators
Michelle Marie Elliot, Callum Angus Carmichael
Administrators' firm
FRP Advisory
Incorporated
2019-11-21
Location
Glasgow
Industry
68100 Buying and selling of own real estate

Why it went into administration

From the administrators' statement

The Company was incorporated on 21 November 2019 and specialised in developing property. The Company was previously successful in the acquisition of land and subsequent development of new build residential homes.

In January 2021, the Company secured land comprising of 0.29 acres located at Dougliehill Terrace, Port Glasgow with planning permission thereafter approved to build out four semi-detached properties for onwards sale.

Site work commenced latterly in 2021, however, during December 2021 and with families due to move into the first of the two semi-detached properties February 2022, the development suffered a significant fire completely destroying the development. An investigation was undertaken by Police Scotland and the Scottish Fire and Rescue Service which determined that the cause of the fire was an electrical fault.

Administrators' statement of proposals (2025-07-21) · Companies House register

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Marturano Homes Ltd (SC647784)

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