HOMES SCOTLAND LETTINGS LTD

💤Zombieactive
SC479469 · ltd · incorporated 2014-06-09
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2025
Net worth
£6.0k
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (77/100)

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
3 officers (2 active, 3 linked, 1 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £5,982
Net assets shrinking
Down £2,131 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£6k
↓ 26% YoY
Current Assets
£71k
↓ 9.9% YoY
Current Liabilities
£0£16k£32k£48k£63k£79kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£6.0k£12.2k
Current assets£71.4k£79.2k
Net assets£6.0k£8.1k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-03-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-04-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-03-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-06-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-06-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-04-23
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2021-04-23
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  9. 2021-04-14
    SINGH, Makhan appointed
    secretary
  10. 2021-04-14
    JONES, Jeetender resigned
    secretary
  11. 2020-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-08-14
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  14. 2018-08-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2018-08-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2018-08-14
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  17. 2018-07-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2018-07-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2018-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2014-06-09
    🏢
    Company incorporated
    As HOMES SCOTLAND LETTINGS LTD
  21. 2014-06-09
    JONES, Jeetender appointed
    director
  22. 2014-06-09
    JONES, Jeetender appointed
    secretary

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ms Jeetender Jones
Individual · British · DOB 02/1973 · age 53
75100%
75-100% shares08/11/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated2014-06-09
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

5-9 Princes Street
Homes Scotland Lettings Ltd/Portglasgowbusinesscen
Port Glasgow
Inverclyde
PA14 5JH
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-03
Last: 2025-05-20

Officers (2 active · 1 resigned)

SINGH, Makhan
secretary · appointed 2021-04-14
View their other companies + combined net worth →
Active
JONES, Jeetender
director · ~53y · appointed 2014-06-09
View their other companies + combined net worth →
Active
JONES, Jeetender
secretary · appointed 2014-06-09 · resigned 2021-04-14
Resigned

Click a director name to see their full track record across all companies.

Recent filings (37 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-21
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-25
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-04
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-21
termination-secretary-company-with-name-termination-date
officers · TM02
2021-04-23
appoint-person-secretary-company-with-name-date
officers · AP03
2021-04-23
accounts-with-accounts-type-micro-entity
accounts · AA
2020-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-05