Marturano Homes Houston Ltd (SC751071): administration
- Status
- Administration ended
- Administration began
- 2025-07-01
- Administrators
- Michelle Marie Elliot, Callum Angus Carmichael
- Administrators' firm
- FRP Advisory
- Incorporated
- 2022-11-22
- Location
- Glasgow
- Industry
- 68100 Buying and selling of own real estate
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 22 November 2022 and specialised in developing property.
In December 2022, the Company secured land comprising of 0.35 acres located at Houston Street, Greenock with planning permission previously approved to construct a residential development consisting of twenty-two dwelling flats for onwards sale. We understand no work has commenced following the acquisition of the land in December 2022.
Crowd holds a standard security over the land in Greenock, which was created on 22 December 2023, with their total debt outstanding amounting to be in the region of £285,000 and will be subject to accruing interest and charges. Crowd also hold a floating charge over all of the Company’s assets which was also created on 22 December 2023.
Administrators' statement of proposals (2025-08-04) · Companies House register