R&N LETS LIMITED
🌱Startupactive
SC839333 · ltd · incorporated 2025-02-27
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
70/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
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: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
3 live charges · oldest 0.9y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 0.9 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (55/100)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
No iXBRL financials extracted
0
Lenders & charges
3 charges (3/3 with lender, 3/3 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
Network not yet resolved
30
Filing history
5 filings
60
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
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
2
filings
- • 1 confirmation-statement
- • 1 mortgage
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
- 2026-03-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-04🔒Charge registered #3Lender: The Mortgage Works (UK) PLC
- 2025-09-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-23🔒Charge registered #2Lender: The Mortgage Works (UK) PLC
- 2025-07-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-11🔒Charge registered #1Lender: The Mortgage Works (UK) PLC
- 2025-02-27🏢Company incorporatedAs R&N LETS LIMITED
- 2025-02-27➕ARCHIBALD, Naiomi Lai Yi appointeddirector
- 2025-02-27➕ARCHIBALD, Ross appointeddirector
- 2025-02-27📄incorporation-companyincorporation · NEWINC
Owner dependency
71/100
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +Young company: Only 1.2 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
1 med ·3 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-03-04: A registered charge; 2025-09-23: A registered charge; 2025-07-11: A registered charge
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ross Archibald Individual · British · DOB 12/1989 · age 37 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 27/02/2025 |
Mrs Naiomi Lai Yi Archibald Individual · British · DOB 03/1994 · age 32 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 27/02/2025 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| TULLYBEAGLES LIMITED→ SC352935 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| TWEEDDALE COURT (EDINBURGH) LIMITED→ SC074222 · est 1981 · no financials extracted | — | — | — | — | 45y | — | — |
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| TWO ROBS LIMITED→ SC855594 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| U.Z. PROPERTIES LIMITED→ SC686120 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| UM PROPERTY MANAGEMENT LIMITED→ SC797099 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| UMEGA ESTATE AGENTS LIMITED→ SC690316 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| UMEGA NEW HOMES LIMITED→ SC694772 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| UNICORN MARKETS C.I.C.→ SC760209 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| V&A HOUSES LTD→ SC788882 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| VISSER DEVELOPMENTS LTD→ SC796661 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| VISSER NORTH EAST PROPERTY INVESTMENTS LTD→ SC863574 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2025-02-27
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
1 Macmath Gait
Edinburgh
EH17 8WJ
Scotland
Filing status
Accounts
Next due: 2026-11-27
Last made up to: —
Confirmation statement
Next due: 2027-03-12
Last: 2026-02-26
Officers (2 active · 0 resigned)
ARCHIBALD, Naiomi Lai Yi→
Activedirector · ~32y · appointed 2025-02-27
View their other companies + combined net worth →
ARCHIBALD, Ross→
Activedirector · ~37y · appointed 2025-02-27
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 04/03/2026 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 23/09/2025 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 11/07/2025 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (5 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-14
incorporation-company
incorporation · NEWINC
2025-02-27