SCENIC LETS LIMITED
🏛️Establishedactive
SC551966 · ltd · incorporated 2016-12-06
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 Dec 2024
Net worth
£42.0k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (78/100)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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
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 declaredPositive net assets
Net assets £41,986
Net assets shrinking
Down £16,428 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£42k
↓ 28% YoY
Current Assets
£70k
↓ 13% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £42.0k | £58.4k |
| Current assets | £70.4k | £81.3k |
| Net assets | £42.0k | £58.4k |
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
0
filings
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
- 2025-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-06📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-06📄change-person-director-company-with-change-dateofficers · CH01
- 2022-12-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-09-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-10-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-08-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-08-01➕BAR, Daniel appointeddirector
- 2016-12-06🏢Company incorporatedAs SCENIC LETS LIMITED
- 2016-12-06➕JOSHI, Sapna appointeddirector
- 2016-12-06📄incorporation-companyincorporation · NEWINC
Owner dependency
63/100
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.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Miss Sapna Joshi Individual · United Kingdom · DOB 08/1983 · age 43 | 75–100% | — | board control75-100% shares · board control · trust interest · firm interest | 06/12/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| SEAN SIMS JOINERY AND BUILDING LIMITED→ SC754333 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| SECYORUK LIMITED→ SC837083 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| SEESAW ST ANDREWS LIMITED→ SC674440 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| SETTLE IN PROPERTIES LTD→ SC805444 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| SEVERINO PROJECTS LIMITED→ SC700016 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| SG JOINERY SOLUTIONS LTD→ SC724324 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| SHAWFIELD CONTRACTS LTD→ SC358444 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| SHEDDEN ROPE SERVICES LTD→ SC578000 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| SHOCKINGLY FRESH HOLDINGS LIMITED→ SC700063 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| SIMON WILSON TESTING LIMITED→ SC717136 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| SIMPSON CONTRACTORS LTD→ SC856456 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| SKB GLASGOW LTD→ SC776179 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2016-12-06
Jurisdictionscotland
Primary SIC41202 — Construction of domestic buildings
Registered office
Many Studios 3 Ross St
Ross Street
Glasgow
G1 5AR
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-19
Last: 2025-12-05
Officers (2 active · 0 resigned)
Active
JOSHI, Sapna→
Activedirector · ~43y · appointed 2016-12-06
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (22 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-21
change-person-director-company-with-change-date
officers · CH01
2023-12-06
change-person-director-company-with-change-date
officers · CH01
2023-12-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-05
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-15
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-23