# Marturano Homes Houston Ltd (SC751071)

> Why UK company SC751071 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC751071

- **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.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC751071/filing-history/MzQ3NjA4MTE0MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC751071

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.