EXCEL LETTING LIMITED
🌳Matureactive
SC395984 · ltd · incorporated 2011-03-22
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£-241.2k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Real estate agencies
Sector: Real estate
Investor take
Pass (distressed without resilience)Active trading company. Family succession underway — not a classic acquisition target.
Opportunity 76/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £241,203
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£241k
↓ 119% YoY
Current Assets
£121k
↑ 178% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £-125.3k | £-98.5k |
| Current assets | £120.6k | £43.3k |
| Net assets | £-241.2k | £-110.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-25➕SMITH, John appointeddirector
- 2024-03-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-12-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-23📄change-person-director-company-with-change-dateofficers · CH01
- 2019-09-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-12-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-10-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-09-21📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2018-01-17➖SMITH, John resigneddirector
- 2018-01-17📄change-person-secretary-company-with-change-dateofficers · CH03
- 2018-01-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-01-17📄change-person-director-company-with-change-dateofficers · CH01
- 2011-03-22🏢Company incorporatedAs EXCEL LETTING LIMITED
- 2011-03-22➕SMITH, Joann Marion appointedsecretary
- 2011-03-22➕SMITH, Joann Marion appointeddirector
- 2011-03-22➕SMITH, John appointeddirector
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Joann Marion Smith Individual · British · DOB 12/1970 · age 56 | 25–50% | — | 25-50% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Property · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| EK DEVELOPMENTS LIMITED→ SC343555 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ELAR PROPERTY LTD→ SC826238 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ELEGANT LIVING PROPERTIES LTD→ SC809971 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ELITE INVESTMENTS LIMITED→ SC777856 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ELMHURST LIMITED→ SC181120 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| EMILY SHAKARJI LTD→ SC603211 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| EMPIRE PROPERTIES (SCOTLAND) LIMITED→ SC711186 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| EXPRESS HOME SOLUTIONS LTD→ SC861864 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| FIONA BINNING DEVELOPMENTS LIMITED→ SC488924 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| FITTING AND MAINTENANCE LTD→ SC494722 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| FLETCHER LETTINGS LIMITED→ SC463390 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| FLEX PROPERTY RENTALS LTD→ SC735542 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeltd
Incorporated2011-03-22
Jurisdictionscotland
Primary SIC68310 — Real estate agencies
Registered office
26 Cadzow Street
Hamilton
ML3 6DG
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-24
Last: 2025-10-10
Officers (3 active · 1 resigned)
SMITH, Joann Marion→
Activesecretary · appointed 2011-03-22
View their other companies + combined net worth →
SMITH, Joann Marion→
Activedirector · ~56y · appointed 2011-03-22
View their other companies + combined net worth →
Active
SMITH, John→
Resigneddirector · ~53y · appointed 2011-03-22 · resigned 2018-01-17
Click a director name to see their full track record across all companies.
Recent filings (45 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-24
appoint-person-director-company-with-name-date
officers · AP01
2024-03-25
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-21
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-29
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-25