VNS LETS LIMITED
🌿Early-stageactive
SC733350 · ltd · incorporated 2022-05-23
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
—
book net assets
Opportunity
71/100
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
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and bankable structure.
Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 1.9y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 1.9 years old — likely still in initial term.
- · 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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
50
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 |
|---|---|---|
| Average employees | 0 | 100 |
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
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
- 2026-02-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-03🔒Charge registered #1Lender: The Mortgage Works (UK) PLC
- 2024-04-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-04-26➖VIDHYA NAGENDRAN, Sailesh Haran resigneddirector
- 2024-01-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-01-22➕VIDHYA NAGENDRAN, Sailesh Haran appointeddirector
- 2022-09-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-05-23🏢Company incorporatedAs VNS LETS LIMITED
- 2022-05-23➕NAGENDRAN, Vidhyalaxmi appointeddirector
- 2022-05-23➕PRAKASH RAO, Nagendran appointeddirector
- 2022-05-23📄incorporation-companyincorporation · NEWINC
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Nagendran Prakash Rao Individual · British · DOB 10/1975 · age 51 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 23/05/2022 |
1 historic (ceased) PSC
- Mrs Vidhyalaxmi Nagendranceased 24/05/2022· 50-75% shares · 50-75% voting · board control
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 |
|---|---|---|---|---|---|---|---|
| TULLYBEAGLES LIMITED→ SC352935 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| TWENTY TWO HOLDINGS LIMITED→ SC587584 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| W PROPERTY HOLDINGS LTD→ SC821333 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| WATERBOARD PROPERTY LTD→ SC747419 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| WATERLOO COMMERCIAL LTD→ SC830006 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| WEEHI PROPERTIES LIMITED→ SC722230 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| WELCOME NEST LTD→ SC857985 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| WEST TOWN LIMITED→ SC340005 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| WFW PROPERTY LIMITED→ SC853453 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| WIDIT PROPERTIES LTD→ SC847843 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| WIGHTMAN LETTINGS LTD→ SC818153 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| WILSON PROPERTY INVESTMENTS (SCOTLAND) LTD→ SC573021 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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
Incorporated2022-05-23
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
16 Clerwood Loan
Edinburgh
EH12 8PY
Scotland
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-05
Last: 2025-05-22
Officers (2 active · 1 resigned)
NAGENDRAN, Vidhyalaxmi→
Activedirector · ~45y · appointed 2022-05-23
View their other companies + combined net worth →
PRAKASH RAO, Nagendran→
Activedirector · ~51y · appointed 2022-05-23
View their other companies + combined net worth →
VIDHYA NAGENDRAN, Sailesh Haran→
Resigneddirector · ~18y · appointed 2024-01-22 · resigned 2024-04-26
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 03/07/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (11 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-05
termination-director-company-with-name-termination-date
officers · TM01
2024-04-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-29
appoint-person-director-company-with-name-date
officers · AP01
2024-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-09-04
incorporation-company
incorporation · NEWINC
2022-05-23