Appointment of administrators
Marketgait Property Investment Limited enters administration
In short: Marketgait Property Investment Limited (company no. OE011952) entered administration, according to a Appointment of administrators notice published in The London Gazette on 24 July 2026. The office holders are Chad Griffin and Michelle Elliot, appointed 15 July 2026. The case is before the Court of Session (case COS-P264 of 2026). The company's business: real estate, trading from Marketgait Apartments, 2 Johnston Street, Dundee, DD1 1PJ.
The notice announces the appointment of Chad Griffin and Michelle Elliot as joint administrators of MARKETGAIT PROPERTY INVESTMENT LIMITED on 15 July 2026.
Notice details
- Company
- MARKETGAIT PROPERTY INVESTMENT LIMITED
- Company number
- OE011952
- Nature of business
- Real Estate
- Registered office
- New Street, St Helier, JE2 3RA
- Principal trading address
- Marketgait Apartments, 2 Johnston Street, Dundee, DD1 1PJ
- Court
- In the Court of Session
- Case number
- COS-P264 of 2026
- Date of appointment
- 15 July 2026
- Administrator(s)
- Chad Griffin and Michelle Elliot
- Office holder number(s)
- IP Nos 9528 and 22750
- Contact
- The Joint Administrators. Tel: 0330 055 5455. Alternative contact: Ryan McGee, Email: [email protected]
What this notice means
Administration is a formal insolvency process in which licensed insolvency practitioners (the administrators) take control of a company to try to rescue it as a going concern, or — where that is not possible — to achieve a better result for creditors than an immediate winding-up and to realise the assets. A statutory moratorium halts most legal action against the company while the administrators act.
Read more: Company Administration Explained.
How does this notice affect you?
Choose what applies and we'll point you at the right next step.
A written-off invoice rarely stops at the company that failed. The supplier left short is often the next business in difficulty — and the earlier that's dealt with, the more options stay open. If MARKETGAIT PROPERTY INVESTMENT LIMITED owed you money, it's worth checking where that leaves you.
Unpaid wages, holiday pay and statutory redundancy are claimed from the government's Redundancy Payments Service, not from K2. The insolvency practitioner named in this notice should send you a case reference — you'll need it to claim.
K2 has backed and restructured UK businesses since 1990, including buying trade and assets out of distress. These situations move in days rather than months, so if you're looking at MARKETGAIT PROPERTY INVESTMENT LIMITED or something similar, start the conversation early.
If your business is under pressure — creditors circling, a petition threatened, or cash running out — acting early changes the outcome. K2 has helped UK directors turn things around since 1990. Talk to us in confidence.
Related guidance
Free, practical guides from K2 on what this kind of notice means for directors.
More administration notices
Frequently asked questions
Has Marketgait Property Investment Limited gone into administration?
The London Gazette published a Appointment of administrators for Marketgait Property Investment Limited (company no. OE011952) on 24 July 2026. Administration is a formal insolvency process in which licensed insolvency practitioners (the administrators) take control of a company to try to rescue it as a going concern, or — where that is not possible — to achieve a better result for creditors than an immediate winding-up and to realise the assets. A statutory moratorium halts most legal action against the company while the administrators act.
What does a Appointment of administrators mean?
Administration is a formal insolvency process in which licensed insolvency practitioners (the administrators) take control of a company to try to rescue it as a going concern, or — where that is not possible — to achieve a better result for creditors than an immediate winding-up and to realise the assets. A statutory moratorium halts most legal action against the company while the administrators act.
Who is dealing with the administration?
The office holders named in the notice: Chad Griffin and Michelle Elliot, appointed 15 July 2026. Creditors, employees and anyone holding goods or money belonging to the company should contact them directly, quoting the company number and case number COS-P264 of 2026.
The company owes me money — what can I do?
You are a creditor in the process. The insolvency practitioner named in the notice will write to known creditors and invite claims; if you have not heard from them, contact them with your invoices. Unsecured creditors rank after fixed-charge holders, the costs of the insolvency, preferential creditors and floating-charge holders, so recovery depends on what is left in the estate.
I worked there — how do I claim what I am owed?
Unpaid wages, holiday pay and statutory redundancy are claimed from the government's Redundancy Payments Service, not from the company or from K2. The insolvency practitioner named in this notice should give you a case reference to claim with.
Source: The London Gazette and Companies House. Contains public sector information licensed under the Open Government Licence v3.0. © Crown copyright. This page is provided by K2 Partners for information only and is not legal or financial advice.