OAKBANK HOMES LIMITED

Company number SC149897 ·

Active

Executive summary

Oakbank Homes Limited has engineered a credible recovery from accumulated losses to positive equity through disciplined development activity and access to unique interest-free related-party capital, but remains fundamentally fragile with 99% leverage and near-term creditor obligations 162x its cash reserves. The £2.39M development pipeline represents significant value-creation potential if execution and market conditions cooperate, yet the company's strategic position is defined by thin capitalisation, single-asset concentration, and dependency on two director-owners and one patient lender. Priority actions should focus on accelerating pipeline monetisation to build equity reserves, formalising the related-party facility with structured terms to reduce dependency risk, and establishing minimum cash thresholds to protect against liquidity crises.

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Shareholders' funds

£25,649

Balance sheet as at 2025-03-31

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Overview

Company type
Private Limited Company
Incorporated
1994-03-25
Employees
2 (2025 accounts)
Registered office
80 High Street, Inverurie, Aberdeenshire, AB51 3XS
Postcode
AB51 3XS
Capital
1,800 GBP
Accounts category
Total Exemption Full
Charges
5 outstanding

Accounts

Last made up to
2025-03-31
Next due by
2026-12-31
Financial year end
31 March

Confirmation statement

Last statement dated
2026-03-24
Next due by
2027-04-07
View filing history →

Nature of business (SIC)

  • 41100 Development of building projects
  • 41202 Construction of domestic buildings

Officers 3 current · 8 resigned

BURNETT & REID LLP Corporate Secretary
Appointed 2025-04-28
Appointed 2015-10-22
James West SMITH Director
Appointed 1994-06-06

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Data protection registration

Registered with the ICO as a data protection fee payer — ZA664744 (Tier 1), registered since 2020.

Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.

Contact details

Website
oakbankhomes.co.uk
Phone
01467623328

This is the default global natural language description of the content on the site pages.

Previous company names

NameDate changed
FINCHBRAE LIMITED1994-08-09

Previous registered addresses 3

AddressChanged on
20 BON ACCORD SQUARE, ABERDEEN, AB11 6DJ2011-12-30
23 ADELPHI, ABERDEEN, AB1 2BL1995-09-12
24 GREAT KING STREET, EDINBURGH, EH3 6QN1994-08-02

Among its peers

Among the oldest 25%

of 323 similar companies in AB, trading since 1994

Competitors Aberdeen

This company ranks 102 among development of building projects in Aberdeen.

Full league table →

The class of 1994

47%

of the 696 companies in this sector incorporated in 1994 are still active today; 50% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →

Businesses that transport or deal in waste must register with the Environment Agency. You can check this company on the official register of waste carriers, brokers and dealers.