DIRECT LETS (SCOTLAND) LIMITED
Company number SC408932 · Monitor this company
Executive summary
Direct Lets (Scotland) Limited is a micro-scale, solo-director property letting business operating in Glasgow with chronically thin equity (£5,030 net assets) and acute liquidity constraints (current ratio of 0.04), positioning it as a financially fragile operator in an increasingly regulated market. While recent deleveraging activity and improved net assets signal active management, the company's strategic options remain severely limited by capital inadequacy and single-person dependency, necessitating either capital injection, asset redeployment, or a pivot to fee-based services to establish a sustainable growth trajectory.
Shareholders' funds
£5,030
Balance sheet as at 2025-10-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2011-10-07
- Employees
- 0 (2025 accounts)
- Registered office
- Suite 6 Firhill Business Centre, 76 Firhill Road, Glasgow, Scotland, G20 7BA
- Postcode
- G20 7BA
- Capital
- 1 GBP
- Accounts category
- Micro
Accounts
- Last made up to
- 2025-10-31
- Next due by
- 2027-07-31
- Financial year end
- 31 October
Confirmation statement
- Last statement dated
- 2026-07-30
- Next due by
- 2027-08-13
Nature of business (SIC)
- 68209 Other letting and operating of own or leased real estate
Officers 1 current · 1 resigned
Data protection registration
Registered with the ICO as a data protection fee payer — ZA638539 (Tier 1), registered since 2020.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- directlets.net
- Phone
- 0141 347 1600
Previous registered addresses 2
| Address | Changed on |
|---|---|
| SUITE 6 FIRHILL BUSINESS CENTRE, 76 FIRHILL ROAD, GLASGOW, G20 7DX, SCOTLAND | 2020-01-16 |
| STRATHMORE BUSINESS CENTRE 122 STRATHMORE ROAD, GLASGOW, LANARKSHIRE, G22 7DW | 2019-09-10 |
Among its peers
Among the oldest 25%
of 4,979 similar companies in G, trading since 2011
Competitors Glasgow
This company ranks 1996 among other letting and operating of own or leased real estate in Glasgow.
The class of 2011
62%
of the 4,912 companies in this sector incorporated in 2011 are still active today; 36% have since been dissolved.
A fact about the year, not a forecast for this company.