Is Maritime Street Ltd in administration?
Last verified 11 July 2026
Yes, Maritime Street Ltd (company number SC691963) entered administration on 13 March 2025. Donald Iain Mcnaught of null was appointed as administrator.
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Maritime Street Ltd is now under the control of an administrator. Below are the key dates, the directors, the public-record timeline that led here, and what the administration means if you are a creditor, employee, customer or supplier.
Company at a glance
| Status | In Administration |
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| Company number | SC691963 |
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| Previously known as | - Balnacraig Homes Ltd, Mar 2021 to Jun 2022
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| Incorporated | 11 March 2021 (5 years old) |
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| Registered office | C/O JOHNSTON CARMICHAEL, Edinburgh, EH3 7PE |
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| Nature of business (SIC) | 41100: Development of building projects (Construction) |
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| Date entered administration | 13 March 2025 |
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| Administrator | Donald Iain Mcnaught, null (licensed insolvency practitioner) |
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| Official notice | View the official notice ↗ |
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| Statement of Affairs | Filed 15 April 2025, declared assets & liabilities ↗ |
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| Public register | View filing history ↗ |
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About the business
Maritime Street Ltd is a construction business based in Edinburgh, incorporated in 2021 and 4 years old when the administrator was appointed. Its registered activity is development of building projects (SIC 41100). There have been 3 director appointments since incorporation, of which 2 were on the board when the administrator was appointed, alongside 1 person with significant control. 4 charges have been registered against the company, 4 of which are still outstanding.
Directors
3 people have been appointed as directors of Maritime Street Ltd.
DirectorStatusAppointedResigned
A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.
Persons with significant control
Individuals or entities with significant influence or control.
Maritime Asset Management Ltd
corporate entity person with significant control
Ownership of shares 25-50%Voting rights 25-50%Right to appoint and remove directors
1 ceased control
- Mrs Maria Thomson · ceased 11 May 2023
Charges register
Secured creditors and encumbrances against the company. 4 outstanding · 0 satisfied.
Status · Creditor · Type · Dates
OutstandingLendinvest Security Trustees Limited
A registered charge · Created 2 May 2023 · Pending
OutstandingLendinvest Security Trustees Limited
A registered charge · Created 28 Apr 2023 · Pending
OutstandingLendinvest Security Trustees Limited
A registered charge · Created 26 Aug 2022 · Pending
OutstandingLendinvest Security Trustees Limited
A registered charge · Created 24 Aug 2022 · Pending
What happened
EventDateType
Administrator's progress report15 April 2026AM10(Scot)
Notice of extension of period of Administration5 March 2026AM19(Scot)
Administrator's progress report6 October 2025AM10(Scot)
Approval of administrator’s proposals21 May 2025AM06(Scot)
Notice of Administrator's proposal8 May 2025AM03(Scot)
+23 earlier events · 2022 to 2025
Statement of affairs AM02SOASCOT15 April 2025AM02(Scot)
Registered office address changed from Gordonhall Farmhouse Kinguisse Kingussie Highlands PH21 1NR Scotland to 7-11 Melville Street Edinburgh Midlothian EH3 7PE on 2025-03-1414 March 2025AD01 Appointment of an administrator13 March 2025AM01(Scot)
Total exemption full accounts made up to 2024-03-3117 January 2025AA Termination of appointment of Keanu James Thomson as a director on 2024-07-033 January 2025TM01 Compulsory strike-off action has been discontinued10 August 2024DISS40 Confirmation statement made on 2024-05-17 with no updates9 August 2024CS01 First Gazette notice for compulsory strike-off6 August 2024GAZ1 Appointment of Mr Keanu James Thomson as a director on 2024-07-033 July 2024AP01 Total exemption full accounts made up to 2023-03-3128 December 2023AA Confirmation statement made on 2023-05-17 with updates25 May 2023CS01 Confirmation statement made on 2023-05-11 with updates11 May 2023CS01 Cessation of Maria Thomson as a person with significant control on 2023-05-1111 May 2023PSC07 Notification of Maritime Asset Management Ltd as a person with significant control on 2023-05-1111 May 2023PSC02 Registration of charge SC6919630003, created on 2023-04-283 May 2023MR01 Registration of charge SC6919630004, created on 2023-05-023 May 2023MR01 Confirmation statement made on 2023-03-10 with no updates5 April 2023CS01 Accounts for a dormant company made up to 2022-03-312 December 2022AA Registration of charge SC6919630001, created on 2022-08-242 September 2022MR01 Registration of charge SC6919630002, created on 2022-08-262 September 2022MR01 Certificate of change of name21 June 2022CERTNM Confirmation statement made on 2022-03-10 with no updates25 April 2022CS01 Registered office address changed from 50 High Street Kingussie Highlands PH21 1HZ Scotland to Gordonhall Farmhouse Kinguisse Kingussie Highlands PH21 1NR on 2022-04-2525 April 2022AD01 Incorporation11 March 2021NEWINC What this means for you
If you are a creditor
Contact the administrator to register your claim. You cannot start or continue legal action against the company without the court's or administrator's permission. Unsecured creditors are typically paid last.
A creditor's checklist →If you are an employee
Employees are preferential creditors for certain unpaid wages and holiday pay, and may be able to claim from the Redundancy Payments Service if roles are made redundant.
Employee rights and redundancy pay →If you are a customer
Orders, deposits and warranties may be affected. Deposits paid are usually unsecured claims. Contact the administrator about outstanding work or refunds.
What customers can recover →If you are a supplier
Goods supplied before the appointment are an unsecured claim. Check whether any retention-of-title clause applies to goods you can identify and recover.
How retention of title works →Don't be the last to know next time
Most suppliers only find out a customer has failed once it is announced. By then it is too late. Protect monitors every company you sell to and emails you as the warning signs build, well before it becomes official. We can't stop a customer failing, but you'll never be the last to know, and you'll know you did all you could.
See how Protect works, £24/mo →Other construction companies in administration
Related guides
The bigger picture
Frequently asked questions
- Is Maritime Street Ltd in administration?
- Yes. Maritime Street Ltd (company number SC691963) entered administration on 13 March 2025. Donald Iain Mcnaught of null was appointed as administrator.
- Who is the administrator of Maritime Street Ltd?
- Donald Iain Mcnaught, a licensed insolvency practitioner at null, was appointed administrator of Maritime Street Ltd on 13 March 2025. Creditors can contact the administrator directly to submit a claim.
- What does Maritime Street Ltd do?
- Maritime Street Ltd's registered nature of business is development of building projects (SIC 41100). It is classified in the construction sector.
- Where is Maritime Street Ltd based?
- Maritime Street Ltd's registered office is C/O JOHNSTON CARMICHAEL, Edinburgh, EH3 7PE. The registered office is the address held on the public register, which is not always the trading address.
- When was Maritime Street Ltd founded?
- Maritime Street Ltd was incorporated on 11 March 2021, 4 years before the administrator was appointed.
- What is Maritime Street Ltd's company number?
- Maritime Street Ltd's registered company number is SC691963.
- Who has significant control of Maritime Street Ltd?
- 1 active person with significant control over Maritime Street Ltd is on the register: Maritime Asset Management Ltd.
- Does Maritime Street Ltd have any outstanding charges?
- 4 outstanding charges are registered against Maritime Street Ltd out of 4 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- Are jobs at Maritime Street Ltd at risk?
- When a company enters administration the administrator decides whether to continue trading, sell the business as a going concern, or wind it down. Employees can contact the administrator for any update on their role, and may be able to claim from the Redundancy Payments Service if their job is made redundant.
- What does administration mean for creditors of Maritime Street Ltd?
- Administration is a formal insolvency process that gives a company protection from creditors while an administrator tries to rescue it or achieve a better result than liquidation. Creditors cannot start or continue legal action without permission. Unsecured creditors are usually paid last, often only a portion of what they are owed, if anything.
- When did Maritime Street Ltd go into administration?
- Maritime Street Ltd went into administration on 13 March 2025.
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