BENNETT & COULSON LETTINGS LTD
🌿Early-stageactive
SC702005 · ltd · incorporated 2021-06-18
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 4.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£-78.7k
book net assets
Opportunity
68/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 68/100 (strong), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
6 live charges · 2 lenders · oldest 4.6y
60/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Charge age ~4.6 years — mid-life; refi window approaching.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £78,697
Cash YoY
+97%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£10k
↑ 97% YoY
Net Worth
-£79k
↑ 14% YoY
Current Assets
£17k
↑ 99% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £753.1k | £740.4k |
| Current assets | £16.6k | £8.3k |
| Cash | £10.3k | £5.2k |
| Net assets | £-78.7k | £-91.4k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2025-10-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-10-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-10-29📄change-person-director-company-with-change-dateofficers · CH01
- 2024-10-29📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-18🔒Charge registered #6Lender: The Mortgage Lender Limited
- 2024-07-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-26🔒Charge registered #5Lender: The Mortgage Lender Limited
- 2024-06-20🔒Charge registered #4Lender: The Mortgage Lender Limited
- 2023-11-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-03-18🔒Charge registered #3Lender: Charter Court Financial Services Limited
- 2022-09-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-09-20🔒Charge registered #2Lender: The Mortgage Lender Limited
- 2021-09-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-09-17🔒Charge registered #1Lender: The Mortgage Lender Limited
- 2021-08-18📄memorandum-articlesincorporation · MA
- 2021-08-18📄resolutionresolution · RESOLUTIONS
- 2021-06-18🏢Company incorporatedAs BENNETT & COULSON LETTINGS LTD
- 2021-06-18➕BENNETT, Scott Andrew appointeddirector
- 2021-06-18➕COULSON, Jonathan appointeddirector
- 2021-06-18➕MCNAUGHTON, Julie appointeddirector
- 2021-06-18📄incorporation-companyincorporation · NEWINC
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder name in company name: Company name contains director surname "BENNETT" — strong identity link between founder and business.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
1 low6 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Scott Andrew Bennett Individual · British · DOB 07/1981 · age 45 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 18/06/2021 |
Miss Julie Mcnaughton Individual · British · DOB 01/1975 · age 51 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 18/06/2021 |
Mr Jonathan Coulson Individual · British · DOB 04/1980 · age 46 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 18/06/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| AWA PROPERTY GROUP LIMITED→ SC777359 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BADGER LAW LIMITED→ SC796333 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BANDEATH HOLDINGS LIMITED→ SC584868 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| BANNERMAN DEVELOPMENTS LIMITED→ SC080817 · est 1982 · no financials extracted | — | — | — | — | 43y | — | — |
| BEAMER STREET LTD→ SC708440 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BEAUFORT HIGHLAND LODGES LIMITED→ SC596969 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BELHAVEN DEVELOPMENTS LTD→ SC544489 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BELLARON 2 LIMITED→ SC585382 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| BELLIS REALTY LTD→ SC841383 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BENCHMARK LETTINGS LIMITED→ SC595971 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BENNIE FAMILY HOLDINGS LIMITED→ SC816168 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BEORNWOOD LIMITED→ SC168418 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2021-06-18
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
2-4 Salamander Place
Edinburgh
EH6 7JB
United Kingdom
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-07-01
Last: 2025-06-17
Officers (3 active · 0 resigned)
BENNETT, Scott Andrew→
Activedirector · ~45y · appointed 2021-06-18
View their other companies + combined net worth →
COULSON, Jonathan→
Activedirector · ~46y · appointed 2021-06-18
View their other companies + combined net worth →
MCNAUGHTON, Julie→
Activedirector · ~51y · appointed 2021-06-18
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
6
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Mortgage Lender The Mortgage Lender Limited | A registered charge | 2 properties | 18/07/2024 | — | |
| outstanding | The Mortgage Lender The Mortgage Lender Limited | A registered charge | 2 properties | 26/06/2024 | — | |
| outstanding | The Mortgage Lender The Mortgage Lender Limited | A registered charge | 1 property | 20/06/2024 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 18/03/2023 | — | |
| outstanding | The Mortgage Lender The Mortgage Lender Limited | A registered charge | 2 properties | 20/09/2021 | — | |
| outstanding | The Mortgage Lender The Mortgage Lender Limited | A registered charge | 2 properties | 17/09/2021 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (21 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-29
change-person-director-company-with-change-date
officers · CH01
2024-10-29
change-person-director-company-with-change-date
officers · CH01
2024-10-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-21