From the administrators' statement

The company was incorporated on 15 May 2007 and traded from Unit 4, Delta House, Gemini Crescent, Technology Park, Dundee, DD2 1SW, this premises is freehold and the company operated as property managers. The main functions, products and services of the company were:

• Ownership of and management of leased property. At the time of appointment the company had no employees.

The commercial property was purchased for £1,900,500 in June 2007. Clydesdale Bank plc (“Clydesdale”) provided loan finance of £1,425,000 to the Company and the two LLP Members contributed initial capital of £ 265,257 each to fund the property purchase.

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Delta House Investments LLP (SO301347)

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