People in Space: Frank Strang2nd Sep 2021
Mr Frank Allen Strang is The Chief Executive Officer and owner of Shetland Space Centre (Saxa Vord Spaceport). What should we know about him?
Education and career in RAF
Frank Allen Strang was born in 1958, in Scotland. In his youth, he was actively engaged in Physical Education. He graduated from the Scottish School of Physical Education in 1981 and received his Bachelor of Education (BEd) at the Physical Education and Human Movement from Royal Air Force College Cranwell in 1985.
From 1984 to 1996 he served as a Physical Education Officer in RAF Physical Education Branch.
After leaving RAF Frank Strang decided to devote himself to business and was very successful at it. Since 1999 he has held executive positions in 39 companies, of which he still directs 10.
List of Mr Frank Allen Strang’s jobs
|Company’s name||Position||Appointed in||Nature of Business|
|Shetland Space Centre||CEO||September 2017||New Space|
|Shetland FM||Executive Chairman||January 2015||Other accommodation|
|4Sight International||Non-Exec Director||April 2014||Market Research and Analytics|
|Horseback UK ltd||Trustee||April 2014||Personal Development Through Horsemanship|
|THE SHETLAND DISTILLERY COMPANY LIMITED||Director||January 2013||Reel Gin Manufacture|
|SaxaVord Ltd||Chairman||April 2005||Other holiday and other collective accommodation|
|THE SHETLAND ISLANDS COMPANY LIMITED||Director||April 2016||Other business support service activities|
|Spaceheaven Ltd||Director||September 2016||Combined facilities support activities|
|GTSFM LIMITED||Director||December 2016||Retail Office Equipment|
|TEMILY HOLDINGS LIMITED||Director||September 2017||Other letting and operating of own or leased real estate|
|Buchan Braes Limited||Director||June 2005||Apartments and hotel|
Frank Strang has had a string of businesses in the Shetland Isles including Shetland Facilities Management, which provided accommodation for offshore workers for the Saxa Vord resort – also owned by Mr. Strang.
Frank Allen Strang is also director of THE SHETLAND DISTILLERY COMPANY LTD that produces Shetland Reel Gin, and trustee of British horse society «Horseback UK ltd».
Since 2018 Frank Strang and his wife Debora Strang are majority shareholders of SaxaVord Spaceport (Shetland Space Centre ).
The consolidated cash at bank value for all current Mr. Strang’s businesses where he still has appointment makes £118k, the value of all current assets makes £3m in total, £5m liabilities and a joint current net worth of £-1m. Among the roles that Mr. Frank Allen Strang is associated with within listed businesses are: Director and Llp Designated Member.
Frank Strang and controversies
Mr. Strang has found himself the subject of some controversial news articles including a number of very high profile revelations that one of the “investments” that he boasted about was nothing of the sort and was in fact an exchange of shares with an “investment entity” that had just been subject to a warning from the Financial Conduct Authority. The Shetland Space Centre recently “bought back” those shares for a nominal sum.
Strang courted further controversy when he liquidated the Shetland FM company and transferred a £600k loan from Highlands and Islands Enterprise into his other business, Saxa Vord Ltd. Which he promised to pay back when Scottish newspaper, Daily Record, approached him about the story.