Page 252 - Bank Case Studies

APPENDICES

Appendix 1

West Register

As noted, West Register is the generic name given to a large number of
companies. They used to all have “West Register” in the name,
presumably named after the West Register, which is a street next to RBS’s
Edinburgh head office.

The companies that we know about are as follows. These companies also
have equitable stakes in victims of GRG by way of shares, together with
st
equitable stakes in their real estate assets. GRG annual turn-over to 31
December 2014: £450,067,471. All of that money is taken from GRG
victims.

1. West Register (Residential Property Investments) Limited Company
number 02990954 incorporated 16 November 1994. 2014 annual turnover:
£2,486,364.

2. Land Options (East) Limited Company number SC192467. 2014 turnover:
£1,550,000.

3. Priority Sites Limited Company number 03331068. 2014 turnover: £9,405,528.

4. RBS SME Investments Limited Company number 06838433. 2014 turnover:
£2,016

5. West Register (Hotels Number 2) Limited Company number SC382531. 2014
turnover £7,331,304.

6. RBSG Collective Investments Limited Company number SC235783. 2014
turnover £74 million.

7. West Register (Bankside) Limited Company number SC424443. 2014 turnover
£1,177,757.

8. West Register Hotels (Holdings) Limited Company number SC382488. 2014
turnover £650,364.

9. West Register (Realisations) Limited Company number SC266701. 2014 turnover
£30,524,431.