Home ›
Companies in Liquidation ›
AB Realisations Limited Is AB Realisations Limited in creditors' voluntary liquidation?
Last verified 5 June 2026
Yes, AB Realisations Limited (company number SC243371) entered creditors' voluntary liquidation on 24 January 2024, by its creditors. Graeme Norman Bain of null was appointed as liquidator.
Do you deal with companies like AB Realisations Limited? Add up to 5 companies free. We'll email you the day one enters administration.
Free, no card. We'll send a one-click sign-in link, no password to remember.
Prefer the earlier signs? Protect catches the pattern that builds, well before it's official. See how it works →
AB Realisations Limited is now in creditors' voluntary liquidation. Below are the key dates, the directors, the public-record timeline that led here, and what the liquidation means if you are a creditor, employee, customer or supplier.
How the case progressed
Administration
26 January 2022
Creditors' voluntary liquidation
24 January 2024
Company at a glance
| Status | In Creditors' Voluntary Liquidation |
|---|
| Company number | SC243371 |
|---|
| Previously known as | - Optimus (Aberdeen) Limited, Feb 2003 to May 2022
|
|---|
| Incorporated | 4 February 2003 (23 years old) |
|---|
| Registered office | Bishop's Court, 29 Albyn Place, Aberdeen, AB10 1YL |
|---|
| Nature of business (SIC) | 09100: Support activities for petroleum and natural gas mining |
|---|
| Date entered creditors' voluntary liquidation | 24 January 2024 |
|---|
| Liquidator | Graeme Norman Bain, null (licensed insolvency practitioner) |
|---|
| Official notice | View the official notice ↗ |
|---|
| Statement of Affairs | Filed 27 April 2022, declared assets & liabilities ↗ |
|---|
| Public register | View filing history ↗ |
|---|
About the business
AB Realisations Limited is a UK limited company based in Aberdeen, incorporated in 2003 and 21 years old when the liquidator was appointed. Its registered activity is support activities for petroleum and natural gas mining (SIC 09100). There have been 11 director appointments since incorporation, of which 4 were on the board when the liquidator was appointed, alongside 1 person with significant control. 3 charges have been registered against the company, 2 of which are still outstanding.
Directors
11 people have been appointed as directors of AB Realisations Limited.
DirectorStatusAppointedResigned
+5 former directors · resigned 2003 to 2019
A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.
Persons with significant control
Individuals or entities with significant influence or control.
Optimus Projects Limited
corporate entity person with significant control
Ownership of shares 75-100%
Charges register
Secured creditors and encumbrances against the company. 2 outstanding · 1 satisfied.
Status · Creditor · Type · Dates
OutstandingClydesdale Bank PLC
Floating charge · Created 14 Oct 2011 · Pending
OutstandingClydesdale Bank PLC
Floating charge · Created 26 Jun 2009 · Pending
SatisfiedThe Governor and Company of the Bank of Scotland
Bond & floating charge · Created 6 Jul 2005 · Satisfied 24 Aug 2009
What happened
EventDateType
Move from Administration case to Creditor's Voluntary Liquidation24 January 2024AM22(Scot)
Administrator's progress report23 August 2023AM10(Scot)
Administrator's progress report23 February 2023AM10(Scot)
Notice of extension of period of Administration1 December 2022AM19(Scot)
Administrator's progress report10 October 2022AM10(Scot)
+92 earlier events · 2003 to 2022
Certificate of change of name6 May 2022CERTNM Statement of affairs27 April 2022AM02(Scot)
Creditors’ decision on administrator’s proposals2 March 2022AM07(Scot)
Notice of Administrator's proposal4 February 2022AM03(Scot)
Termination of appointment as a director3 February 2022TM01 Appointment of an administrator26 January 2022AM01(Scot)
Registered office address changed26 January 2022AD01 Accounts for a small company made up28 September 2021AA Appointment as a secretary28 May 2021AP04 Termination of appointment as a secretary28 May 2021TM02 Confirmation statement made with no updates8 April 2021CS01 Accounts for a small company made up8 October 2020AA Confirmation statement made with no updates13 February 2020CS01 Accounts for a small company made up23 August 2019AA Confirmation statement made with no updates5 February 2019CS01 Register inspection address has been changed4 February 2019AD02 Termination of appointment as a director18 January 2019TM01 Appointment as a secretary11 January 2019AP04 Termination of appointment as a secretary11 January 2019TM02 Registered office address changed11 January 2019AD01 Termination of appointment as a director14 December 2018TM01 Accounts for a small company made up3 October 2018AA Director's details changed25 May 2018CH01 Confirmation statement made with no updates8 February 2018CS01 Full accounts made up6 October 2017AA Confirmation statement made with updates7 March 2017CS01 Full accounts made up6 October 2016AA Auditor's resignation17 May 2016AUD
Annual return made up with full list of shareholders3 March 2016AR01 Appointment as a director4 February 2016AP01 Appointment as a director4 February 2016AP01 Appointment as a director4 February 2016AP01 Appointment as a director4 February 2016AP01 Appointment as a director23 December 2015AP01 Appointment as a director23 December 2015AP01 Appointment as a director23 December 2015AP01 Appointment as a director23 December 2015AP01 Group of companies' accounts made up1 October 2015AA Change of share class name or designation13 March 2015SH08 Statement of capital following an allotment of shares13 March 2015SH01 Director's details changed3 March 2015CH01 Annual return made up with full list of shareholders27 February 2015AR01 Total exemption small company accounts made up1 August 2014AA Annual return made up with full list of shareholders26 February 2014AR01 Registered office address changed26 February 2014AD01 Total exemption small company accounts made up12 September 2013AA Annual return made up with full list of shareholders1 March 2013AR01 Accounts for a small company made up5 September 2012AA Annual return made up with full list of shareholders24 February 2012AR01 Legacy19 October 2011MG01s
Total exemption small company accounts made up6 October 2011AA Annual return made up with full list of shareholders14 March 2011AR01 Statement of capital following an allotment of shares9 March 2011SH01 Total exemption small company accounts made up1 September 2010AA Annual return made up with full list of shareholders2 March 2010AR01 Register inspection address has been changed26 February 2010AD02 Secretary's details changed26 February 2010CH04 Director's details changed26 February 2010CH01 Director's details changed26 February 2010CH01 Legacy25 August 2009419a(Scot)
Total exemption small company accounts made up31 July 2009AA Legacy30 June 2009410(Scot)
Legacy22 January 200988(2) Total exemption small company accounts made up28 August 2008AA Total exemption small company accounts made up12 October 2007AA Legacy14 February 2007363a Total exemption small company accounts made up31 October 2006AA Total exemption small company accounts made up24 February 2006AA Legacy31 January 2006288b Legacy31 January 2006288a Legacy9 December 2005288a Memorandum and Articles of Association9 December 2005MEM/ARTS
Legacy14 July 2005410(Scot)
Accounts for a dormant company made up31 May 2005AA Legacy4 February 2003288b Incorporation4 February 2003NEWINC What this means for you
If you are a creditor
Submit your proof of debt to the liquidator. Once liquidation begins, no creditor can start or continue legal action without the court's permission. Unsecured creditors rank after secured and preferential creditors and are usually paid last, often only a portion.
Owed money by a company in liquidation →If you are an employee
Employees are preferential creditors for certain unpaid wages and holiday pay, and may be able to claim from the Redundancy Payments Service if roles are made redundant.
Employee rights and redundancy pay →If you are a customer
Deposits paid are usually unsecured claims. Contracts may be terminated by the liquidator. Contact the liquidator about outstanding work or refunds.
What customers can recover →If you are a supplier
Goods supplied before the liquidation began are an unsecured claim. Check whether any retention-of-title clause lets you identify and recover specific goods.
How retention of title works →Don't be the last to know next time
Most suppliers only find out a customer has failed once it is announced. By then it is too late. Protect monitors every company you sell to and emails you as the warning signs build, well before it becomes official. We can't stop a customer failing, but you'll never be the last to know, and you'll know you did all you could.
See how Protect works, £24/mo →Other companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is AB Realisations Limited in creditors' voluntary liquidation?
- Yes. AB Realisations Limited (company number SC243371) entered creditors' voluntary liquidation on 24 January 2024, by its creditors. Graeme Norman Bain of null was appointed as liquidator.
- Who is the liquidator of AB Realisations Limited?
- Graeme Norman Bain, a licensed insolvency practitioner at null, was appointed liquidator of AB Realisations Limited on 24 January 2024. Creditors can contact the liquidator directly to submit a claim.
- What does AB Realisations Limited do?
- AB Realisations Limited's registered nature of business is support activities for petroleum and natural gas mining (SIC 09100).
- Where is AB Realisations Limited based?
- AB Realisations Limited's registered office is Bishop's Court, 29 Albyn Place, Aberdeen, AB10 1YL. The registered office is the address held on the public register, which is not always the trading address.
- When was AB Realisations Limited founded?
- AB Realisations Limited was incorporated on 4 February 2003, 21 years before the liquidator was appointed.
- What is AB Realisations Limited's company number?
- AB Realisations Limited's registered company number is SC243371.
- Who has significant control of AB Realisations Limited?
- 1 active person with significant control over AB Realisations Limited is on the register: Optimus Projects Limited.
- Does AB Realisations Limited have any outstanding charges?
- 2 outstanding charges are registered against AB Realisations Limited out of 3 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- What does liquidation mean for creditors of AB Realisations Limited?
- Liquidation is the formal wind-up of a company. Once it begins, the liquidator collects assets, settles claims in statutory order (secured, preferential, then unsecured) and distributes whatever remains. Unsecured creditors often recover only a portion of what they are owed, and sometimes nothing.
- How long does liquidation take?
- Most liquidations run for 12 to 24 months, longer where the company has complex assets, litigation, or ongoing trading. Annual progress reports are filed by the liquidator until the company is dissolved at the end of the process.
- Will creditors get paid in AB Realisations Limited's liquidation?
- Secured creditors are paid from the assets they hold a charge over. Preferential creditors (employee wages up to limits, pension contributions, HMRC for certain taxes) come next. Unsecured creditors share whatever remains, which may be nothing. The Statement of Affairs, when filed, sets out the liquidator's estimate at the point of appointment.
Report an error on this page·Not financial, credit or legal advice.