(Image: Getty Images)
A Scottish city developer and builder has been placed into administration.
The company is linked to a landmark Glasgow homes development.
Administrators have been appointed to Acre Road (Glasgow) Developments Limited.
A public notice outlined the appointment of administrators in the Court of Session in Edinburgh.
Scottish developer placed into administration (Image: Getty Images)
It stated that Lauren Wentworth and Andrew Livingstone, of KR8 Advisory, were appointed joint administrators of Acre Road (Glasgow) Developments Limited, registered at Cambuslang Way, Cambuslang Investment Park.
It followed a separate public notice that stated a petition was presented to Glasgow Sheriff Court by the Advocate General for Scotland for His Majesty’s Revenue and Customs on September 30, 2026.
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That petition called on the court “to appoint a liquidator” and "that the company be wound up".
A spokesperson for KR8 Advisory told The Herald that “the joint administrators are unable to provide a comment on this matter at this time”.
The nature of the business is described as "development of building projects and buying and selling of own real estate".
Security
Companies House documents for Acre Road (Glasgow) Developments Limited show a lender security related to “all and whole the subjects known as and forming Acre House, 100 Acre Road, Glasgow”.
A planning application lodged with Glasgow City Council for the “demolition, partial demolition and alteration to listed buildings, and erection of residential development of five dwelling houses and 64 flatted dwellings” was granted with conditions in 2022.
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The site has what Historic Environment Scotland describes as a C-listed “late 19th century two-storey Italianate villa with three-stage tower and 1960s extensions”.
The news follows a series of separate, unrelated administrations involving SME builders and developers across Scotland.
Salo Property Services Limited, based in Dunbar, East Lothian, was placed into administration. James Stephen and Lee Causer of BDO were appointed joint administrators.
In that case, it involved a part-complete three-house development which was expected to be put up for sale.
In another case, Marturano Homes Houston Limited, which had land for 22 homes in Greenock, was placed into administration after it fell behind on financial obligations and that site has now been sold.