BUCHAN DEVELOPMENT INITIATIVE LTD Financials
- Company number
- SC419443Copy
Copy - Registered office
- Grieves House Aden Country Park, Mintlaw, Peterhead AB42 5FQ
- Incorporated
- 14/03/2012
Company snapshot
- Status
- Active
- Employees
- 1 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-13.10%vs 20232023: £65.53K
Total Assets
49.57%vs 20232023: £238.20K
Cash in Bank
-13.29%vs 20232023: £105.90K
Total Liabilities
73.36%vs 20232023: £172.67K
Employees
-19vs 20232023: 20
In 2024, BUCHAN DEVELOPMENT INITIATIVE LTD reported net assets of £56.95K. The same filing shows total assets of £356.28K, cash in bank of £91.82K and total liabilities of £299.34K. Reported headcount was 1 in 2024. Total Liabilities rose from £172.67K in 2023 to £299.34K in 2024 (73.36%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-13.10%from £65.53K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures BUCHAN DEVELOPMENT INITIATIVE LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-17.4%vs 2022-9.1% a year compound (CAGR)
Cash in Bank
+1.7%vs 2022+0.9% a year compound (CAGR)
Total Assets
+86.8%vs 2022+36.7% a year compound (CAGR)
Total Liabilities
+146%vs 2022+56.8% a year compound (CAGR)
Employees
-75%vs 2022-3Biggest increase
Total Liabilities+146%
£121.78K in 2022 to £299.34K in 2024
Biggest decrease
Employees-75%
4 in 2022 to 1 in 2024
BUCHAN DEVELOPMENT INITIATIVE LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from BUCHAN DEVELOPMENT INITIATIVE LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 15.98%2024
- Liabilities to total assets
- 84.02%2024
- Cash to liabilities
- 30.68%2024
- Cash to total assets
- 25.77%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for BUCHAN DEVELOPMENT INITIATIVE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 98.27K | 68.97K | 65.53K | 56.95K |
| Total Assets£ | 73.19K | 190.75K | 238.20K | 356.28K |
| Cash in Bank£ | 127.34K | 90.27K | 105.90K | 91.82K |
| Total Liabilities£ | – | 121.78K | 172.67K | 299.34K |
| Employees | 4 | 4 | 20 | 1 |
BUCHAN DEVELOPMENT INITIATIVE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has BUCHAN DEVELOPMENT INITIATIVE LTD filed financial statements?
Yes. Okredo holds filed figures for BUCHAN DEVELOPMENT INITIATIVE LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did BUCHAN DEVELOPMENT INITIATIVE LTD report in 2024?
BUCHAN DEVELOPMENT INITIATIVE LTD reported net assets of £56.95K for 2024. That compares with £65.53K in 2023, a change of -13.10%.
What total assets did BUCHAN DEVELOPMENT INITIATIVE LTD report in 2024?
BUCHAN DEVELOPMENT INITIATIVE LTD reported total assets of £356.28K for 2024. That compares with £238.20K in 2023, a change of 49.57%.
What cash in bank did BUCHAN DEVELOPMENT INITIATIVE LTD report in 2024?
BUCHAN DEVELOPMENT INITIATIVE LTD reported cash in bank of £91.82K for 2024. That compares with £105.90K in 2023, a change of -13.29%.
How many people does BUCHAN DEVELOPMENT INITIATIVE LTD employ?
BUCHAN DEVELOPMENT INITIATIVE LTD reported 1 employee in 2024, compared with 20 in 2023.
How have BUCHAN DEVELOPMENT INITIATIVE LTD financials changed over the last 3 years?
Between 2022 and 2024, BUCHAN DEVELOPMENT INITIATIVE LTD's net assets fell by 17.4%, cash in bank rose by 1.7%, total assets rose by 86.8% and total liabilities rose by 146%. Net assets contracted at 9.1% a year across the two years to 2024, from £68.97K to £56.95K. Reported headcount went from 4 in 2022 to 1 in 2024 (-3).
Which years of BUCHAN DEVELOPMENT INITIATIVE LTD financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.