WE HOLD LETS LTD

🌱Startupactive
SC822246 · ltd · incorporated 2024-09-10
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.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
69/100
Strong
🔔
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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
Pursue
Property-backed borrower. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 1.2y

0/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Newest facility, 1.2 years old — likely still in initial term.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (61/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
2
filings
  • 2 mortgage
Last 90 days
5
filings
  • 4 mortgage
  • 1 officers
Last 180 days
6
filings
  • 4 mortgage
  • 1 officers
  • 1 address
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-04-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-04-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2026-04-20
    🔓
    Charge satisfied #2
  4. 2026-04-20
    🔓
    Charge satisfied #1
  5. 2026-04-08
    MANSON, Gail Helen appointed
    secretary
  6. 2026-04-08
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  7. 2026-04-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2026-03-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2026-03-20
    🔒
    Charge registered #4
    Lender: Paratus Amc Limited
  10. 2026-03-20
    🔒
    Charge registered #3
    Lender: Hampshire Trust Bank PLC
  11. 2026-02-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2025-11-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2025-08-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2025-08-01
    ANDERSON, Jack resigned
    director
  15. 2025-03-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2025-03-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2025-03-24
    🔒
    Charge registered #2
    Lender: Lendinvest Security Trustees Limited
  18. 2025-03-24
    🔒
    Charge registered #1
    Lender: Lendinvest Security Trustees Limited
  19. 2024-12-12
    ANDERSON, Mark resigned
    director
  20. 2024-12-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2024-12-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  22. 2024-12-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  23. 2024-12-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  24. 2024-12-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  25. 2024-09-10
    🏢
    Company incorporated
    As WE HOLD LETS LTD
  26. 2024-09-10
    DUNN, Joseph Patrick appointed
    director
  27. 2024-09-10
    DUNN, Reiss Richard appointed
    director
  28. 2024-09-10
    ANDERSON, Jack appointed
    director
  29. 2024-09-10
    ANDERSON, Mark appointed
    director
  30. 2024-09-10
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
High — earn-out structure required

Material 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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 1.7 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

Limited 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

1 med · 1 low
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

The Wee Holding Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
The Wee Holding Group Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
WE HOLD LETS LTD
This company · SC822246

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
The Wee Holding Group Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control09/12/2024
2 historic (ceased) PSCs
  • Mr Reiss Richard Dunnceased 09/12/2024· 25-50% shares · 25-50% voting
  • Mark Andersonceased 09/12/2024· 25-50% shares · 25-50% voting

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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.

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Company details

Statusactive
Typeltd
Incorporated2024-09-10
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

28a Glasgow Road
Bathgate
EH48 2AG
Scotland

Filing status

Accounts
Next due: 2026-06-10
Last made up to:
Confirmation statement
Next due: 2026-09-16
Last: 2025-09-02

Officers (3 active · 2 resigned)

MANSON, Gail Helen
secretary · appointed 2026-04-08
View their other companies + combined net worth →
Active
DUNN, Joseph Patrick
director · ~31y · appointed 2024-09-10
View their other companies + combined net worth →
Active
DUNN, Reiss Richard
director · ~33y · appointed 2024-09-10
View their other companies + combined net worth →
Active
ANDERSON, Jack
director · ~29y · appointed 2024-09-10 · resigned 2025-08-01
Resigned
ANDERSON, Mark
director · ~59y · appointed 2024-09-10 · resigned 2024-12-12
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

4
Total charges
2
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Paratus Amc
Paratus Amc Limited
A registered charge1 property20/03/2026
outstanding
Hampshire Trust Bank
Hampshire Trust Bank PLC
A registered charge1 property20/03/2026
satisfied
LendInvest
Lendinvest Security Trustees Limited
A registered charge1 property24/03/202520/04/2026
satisfied
LendInvest
Lendinvest Security Trustees Limited
A registered charge1 property24/03/202520/04/2026
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (18 total)

mortgage-satisfy-charge-full
mortgage · MR04
2026-04-20
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-20
appoint-person-secretary-company-with-name-date
officers · AP03
2026-04-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-07
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-02
termination-director-company-with-name-termination-date
officers · TM01
2025-08-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-24
termination-director-company-with-name-termination-date
officers · TM01
2024-12-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-10