ANOTHER two companies owned by Blackburn property king Stewart Day have been placed into administration, it has emerged.

The Lancashire Telegraph revealed that four separate companies belonging to Mr Day, the former Bury FC chairman, had gone under, owing £27million.

And now it has been confirmed that Mederco Huddersfield and Mederco Block A are also being wound up.

A third set of administrators, London-based RSM Recovery, has been called in, joining their Manchester rivals Leonard Curtis and Duff and Phelps, which were previously asked to unpick the bulk of Mr Day's empire.

The two Mederco outfits in the latest administrations were involved in the development of Kingfisher Court in Huddersfield, incorporating 250 or so student apartments, off Manchester Road.

Last year Kirklees Council issued a warning, after it was reported that the accommodation, which had been specifically constructed with planning permission geared solely towards students, was being let as studio flats.

High Court petitions have been drawn up in respect of both Mederco Huddersfield and Mederco Block A and each are listed at the same Cunningham Court address, on Shadsworth Business Park, as the previous four companies.

The announcement came on the day that Bury FC, where Mr Day stepped down as chairman last December, is facing a High Court winding-up petition, lodged on behalf of former player and assistant manager Chris Brass.

Previous accounts for Mederco Ltd for 2017 showed that Mr Day loaned £4.2million to the League Two club, as part of a series of inter-company transactions since he assumed the helm in early 2013.

READ > Blackburn property king's empire goes under - owing £27million

He has also been involved in a lucrative deal to sell off more than 250 car parking spaces at their Gigg Lane ground, a project which owes £190,000 to investors.

Four other major student housing schemes were the bedrock of other Mederco ventures in Bolton, Bradford, Glasgow and Cardiff, all now in administration.

Flats constructed by a Mederco firm at Appleton Point in Bradford had to be evacuated earlier this year, after the building failed to secure a fire safety certificate from the West Yorkshire Fire and Rescue Service.

Similar student apartments in Cardiff are currently being marketed by administrators, in a bid to recoup some of the losses incurred by Mederco Cardiff. Another failed scheme was proposed for Bradford Learning Quarter.

And Tamworth-based Quantum Construction says it is still owed just under £2million for an unsuccessful bid to build student accommodation in Great Moor Street, Bolton.

Proposals explaining what will happen to the four initial Mederco companies placed into administration are expected to be confirmed within the week.