Property firm hit with £663,000 bill after sister company crashes into administration
Accounts for a Derbyshire property company reveal a year of upheaval, including a major property disposal, a sharp swing into losses and a substantial liability triggered by the collapse of a related business.
Morgan Pidcock Properties, which generates its income from commercial property rentals, recorded a £700,147 loss for the year to 31 December 2025, compared with a £76,064 profit the previous year. The company also sold investment property with a book value of £1.06m during the year, while its... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
