MIMO LETTINGS LTD
🏛️Establishedactive
SC698856 · ltd · incorporated 2021-05-15
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 4.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
- 68320Management of real estate on a fee or contract basis
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 80/100. 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).
🏦
Refinance opportunity
2 live charges · oldest 4.4y
75/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Charge age ~4.4 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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 (18 events)Click to expand
- 2026-01-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-21📄resolutionresolution · RESOLUTIONS
- 2023-06-20📄administrative-restoration-companyrestoration · RT01
- 2023-05-16📄gazette-dissolved-compulsorygazette · GAZ2
- 2023-02-14📄gazette-notice-compulsorygazette · GAZ1
- 2022-02-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-02-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-02-07🔓Charge satisfied #1
- 2022-02-01🔒Charge registered #2Lender: Paragon Bank PLC
- 2021-12-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-22🔒Charge registered #1Lender: Paragon Bank PLC
- 2021-05-15🏢Company incorporatedAs MIMO LETTINGS LTD
- 2021-05-15➕KORWIN, Milosz Piotr appointeddirector
- 2021-05-15➕WRZESZCZ, Monika Magdalena appointeddirector
- 2021-05-15📄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 5 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Milosz Piotr Korwin Individual · Polish · DOB 04/1984 · age 42 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 15/05/2021 |
Miss Monika Magdalena Wrzeszcz Individual · Polish · DOB 10/1982 · age 44 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 15/05/2021 |
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 · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| MILLS MULTON PROPERTY PARTNERSHIP LIMITED→ SC799272 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| MIMI HENRY LTD→ SC858531 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MIRO PROPERTY INVESTMENT LTD→ SC787121 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| MK ENTERPRISE ED UK LTD→ SC847245 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MM PROPERTY LEASING LIMITED→ SC732703 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| MODERNDWELL DEVELOPMENTS LTD→ SC797978 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| MOFFAT PROPERTY INVESTMENTS LTD→ SC867007 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MOLEK DEVELOPERS LTD→ SC868650 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MONTROSE LETTING LTD→ SC880432 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| MOORE DILLON PROPERTY LTD→ SC876989 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| MOORGARTH MAPLE LIMITED→ SC312513 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| MORE MANAGEMENT & LETTINGS LIMITED→ SC464002 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
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
Incorporated2021-05-15
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
23 Crewe Grove
Edinburgh
EH5 2JS
Scotland
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-28
Last: 2025-05-14
Officers (2 active · 0 resigned)
KORWIN, Milosz Piotr→
Activedirector · ~42y · appointed 2021-05-15
View their other companies + combined net worth →
WRZESZCZ, Monika Magdalena→
Activedirector · ~44y · appointed 2021-05-15
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 01/02/2022 | — | |
| satisfied | Paragon Paragon Bank PLC | A registered charge | 1 property | 22/12/2021 | 07/02/2022 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (16 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-21
resolution
resolution · RESOLUTIONS
2023-06-21
administrative-restoration-company
restoration · RT01
2023-06-20
gazette-dissolved-compulsory
gazette · GAZ2
2023-05-16
gazette-notice-compulsory
gazette · GAZ1
2023-02-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-02-08
mortgage-satisfy-charge-full
mortgage · MR04
2022-02-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-12-29