PREMIUM LETS LIMITED

💤Zombieactive
SC482742 · ltd · incorporated 2014-07-23
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 Jul 2025
Net worth
£13.2k
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
ALSO REGISTERED FOR
  • 68100Buying and selling of own real estate
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 77/100 (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 (73/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 3 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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
38 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
82
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 £13,230

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£13k
↑ 9.1% YoY
Current Assets
£21k
↑ 16% YoY
Current Liabilities
£0£4k£8k£13k£17k£21kJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-31
Total assets£186.8k£212.1k
Current assets£21.2k£18.3k
Net assets£13.2k£12.1k

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

Recent activity

Last 30 days
1
filing
  • 1 accounts
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. 2026-05-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-08-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-04-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-09-30
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  5. 2024-09-28
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  6. 2024-09-28
    📍
    change-sail-address-company-with-new-address
    address · AD02
  7. 2024-09-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2024-09-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2024-09-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2024-03-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2023-07-18
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  12. 2023-07-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2023-06-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2023-01-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2022-08-16
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  16. 2022-08-09
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  17. 2022-06-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  18. 2021-08-17
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  19. 2021-08-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2021-06-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  21. 2014-07-23
    🏢
    Company incorporated
    As PREMIUM LETS LIMITED
  22. 2014-07-23
    FINCH, Steven Paul, Dr appointed
    director

Owner dependency

88/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

60/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • 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

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Dr Steven Paul Finch
Individual · British · DOB 06/1966 · age 60
75100%
75–100%board control75-100% shares · 75-100% voting · board control21/07/2016

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
Incorporated2014-07-23
Jurisdictionscotland
Primary SIC62012 — Business and domestic software development

Registered office

5 South Charlotte Street
Edinburgh
EH2 4AN
Scotland

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-08-06
Last: 2025-07-23

Officers (1 active · 0 resigned)

FINCH, Steven Paul, Dr
director · ~60y · appointed 2014-07-23
View their other companies + combined net worth →
Active

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

Recent filings (38 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-04
change-person-director-company-with-change-date
officers · CH01
2025-08-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-27
move-registers-to-sail-company-with-new-address
address · AD03
2024-09-30
move-registers-to-sail-company-with-new-address
address · AD03
2024-09-28
change-sail-address-company-with-new-address
address · AD02
2024-09-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-28
change-person-director-company-with-change-date
officers · CH01
2024-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-21
gazette-filings-brought-up-to-date
gazette · DISS40
2023-07-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-17