ARK has two fully controlled subsidiaries in ARK Services Limited and ARK Commercial Investment Limited.
ARK Services Ltd was set up to develop housing for those who are aged, infirm or disabled and in need of housing and associated amenities. As a registered charity, it was able to access Special Needs Capital Grant funding which was not available to Housing Associations. It built 63 units across 4 sites in Aberdeen; Balnagask Court; Provost Mitchell Circle; Greenfern Lodge at Springhill Road and School Drive.
ARK Services Ltd works in partnership with local authorities, banks and other professionals involved in providing care and support services.
ARK Commercial Investment Ltd was set up to provide student accommodation in a former care home in Edinburgh. As a commercial entity it leases the building from ARK Housing Association Ltd and established a management contract to ensure high levels of occupancy throughout the academic year and a high level of take-up during holiday periods.
ARK Housing Association Ltd has in place a management service contract with ARK Service Ltd and ARK Commercial Investment Ltd to provide management and professional services to these organisations. ARK Housing Association Ltd is registered as an agent with the Scottish Landlord Register to provide accommodation in Aberdeen through ARK Services Ltd – the landlord registration number is 623384/100/15111.
The financial statements of ARK Services Limited and ARK Commercial Investment Limited are consolidated in the ARK Group financial statements, which can be accessed by clicking here.
These companies can be contacted though its Secretary at ARK Housing Association, The Priory, Canaan Lane, Edinburgh EH10 4SG, Scotland, or by telephone on 0131 447 9027 or you can email us via our Contact Us page.