Sixteen companies linked to Grahame Whateley’s Castlemore Securities have been, or are about to be, placed in administration following the collapse of the parent company last week.

Castlemore Securities went into administration on Thursday last week. Grant Thornton and PricewaterhouseCoopers were appointed administrators.

Today Grahame Whateley, who remains chairman of the Local Shopping REIT, said that a number of other companies of which he was an executive director had also gone into administration.

Castlemore Securities Limited; Britten Investments Limited; Spring Sutton Coldfield Limited; Spring Residential Limited and Castlemore Temple Quay 4 Limited went into administration on 27 February.

Whateley said the following companies are expected to be placed into administration imminently: Castlemore Temple Quay 2 Limited; Castlemore Temple Quay 6 Limited; Castlemore Temple Quay 7 Limited; Castlemore Temple Quay 8 Limited; Castlemore Temple Quay 9 Limited; Castlemore West Bar Limited; Castlemore Edinburgh Limited; Wellingborough Engineering Limited; Wigston Investments Limited; Spring Rugeley Limited; and Spring Talywain Limited.