SMART PROPERTY LETTINGS LTD
🌿Early-stageactive
SC810476 · ltd · incorporated 2024-05-14
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 May 2025
Net worth
£-7.4k
book net assets
Opportunity
70/100
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
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 70/100 (strong), bankability 70/100. 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).
Data confidence
Overall: medium (72/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
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
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
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
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £7,359
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
-£7k
Current Assets
£2k
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-05-31 |
|---|---|
| Total assets | £-7.4k |
| Current assets | £2.3k |
| Net assets | £-7.4k |
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
5
filings
- • 2 persons-with-significant-control
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
- 2026-02-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-02-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-02-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-01➕SMART, Nicky Arthur appointeddirector
- 2025-06-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-06-03📄change-person-director-company-with-change-dateofficers · CH01
- 2025-06-03📄change-person-director-company-with-change-dateofficers · CH01
- 2025-06-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-06-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-05-14🏢Company incorporatedAs SMART PROPERTY LETTINGS LTD
- 2024-05-14➕SMART, Cherie appointeddirector
- 2024-05-14📄incorporation-companyincorporation · NEWINC
Owner dependency
86/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "SMART" — strong identity link between founder and business.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +Young company: Only 2.0 years old — management layer unlikely to be developed.
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 Nicky Smart Individual · British · DOB 02/1990 · age 36 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/02/2026 |
Mrs Cherie Smart Individual · British · DOB 08/1991 · age 35 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 14/05/2024 |
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 · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| THE WAYFARER PROPERTIES LTD.→ SC230423 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| THIRD SECTOR SPACE LTD→ SC645980 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| THISTLE PROPERTY SERVICES LTD→ SC854385 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TIGER SABHARWAL PROPERTIES LIMITED→ SC702588 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| TILLY PROPERTY SERVICES LTD→ SC698383 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| TNT PROPERTY DEVELOPMENTS LTD→ SC841010 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| TOFF PROPERTY & LETTING LIMITED→ SC739306 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| TOM TOM PROPERTY LIMITED→ SC261761 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| TORWOOD ESTATES LTD→ SC641254 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| TOUCHWOOD PROPERTIES LIMITED→ SC181895 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
| TOWN PROPERTY MANAGEMENT LIMITED→ SC653465 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| TRABAJO PROPERTIES LIMITED→ SC862060 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2024-05-14
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
Suite 2 Firhill Business Centre
74-76 Firhill Road
Glasgow
G20 7BA
Scotland
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-02-18
Last: 2026-02-04
Officers (2 active · 0 resigned)
SMART, Cherie→
Activedirector · ~35y · appointed 2024-05-14
View their other companies + combined net worth →
SMART, Nicky Arthur→
Activedirector · ~36y · appointed 2026-02-01
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (12 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-09
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-04
appoint-person-director-company-with-name-date
officers · AP01
2026-02-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-03
change-person-director-company-with-change-date
officers · CH01
2025-06-03
change-person-director-company-with-change-date
officers · CH01
2025-06-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-03
incorporation-company
incorporation · NEWINC
2024-05-14