Oaks Farm Stables Limited

Oaks Farm Stables Limited is a small, active company based in Scarborough, UK, established 21 years ago in 2003. Employing six people and holding £953,761 in assets, it operates from a virtual address—a point of concern as thirty-two companies share the same location. The business is a family affair, overseen by two directors and two owners, and functions as an irregular importer, bringing in live animals for about one month out of the last year, with the most recent import occurring in October 2024.

The company’s website reveals a core business of racehorse training and sales, catering to both flat and national hunt racing. Owned and managed by Mark Dwyer, a retired NH Jockey, Oaks Farm has grown from its beginnings in 1987, now boasting facilities including a walk-in spa. The website emphasizes quality preparation for young horses and even offers piano restoration services—a surprising diversification.

Financially, Oaks Farm Stables Limited presents a mixed picture. Current assets have declined by 17% to £950,000, while net assets have fallen by a more significant 26% to £760,000. Bank borrowings have increased substantially, rising by 2400% to £34,000, and cash reserves have plummeted 50% to £170,000. Creditors have also increased by 11%, suggesting a need to manage debts more effectively. The company's small size (meeting two of three criteria for being small) helps with agility, but the decline in equity is a worrying sign. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Oaks Farm Stables Limited appears to be facing some financial headwinds. While the racehorse training and sales business seems to be operating, the sharp decline in equity and increase in borrowing suggest a need for careful management. The diversification into piano restoration, while potentially lucrative, may also be stretching resources.

Registered in England/Wales under the registration number 04870195, with a registered address at YO11 1UB, Scarborough, North Yorkshire, 2 Belgrave Crescent.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.