Lets Buy Limited

02614922

active

Private Limited Company

england wales

Companies House

Health Score

80 / 100

Healthy

30/30

Filing

20/30

Financial

30/40

Risk

6 outstanding charges (-10)

Details

18-20 FROGNAL, LONDON, NW3 6AG

Incorporated 28/05/1991

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 29/04/2026

Due 13/05/2027

On track

Industry

68100

Buying and selling of own real estate

68209

Other letting and operating of own or leased real estate

Officers

Mr Lakis Michaelides

director · Since 02/05/2003

PROPERTY CONSULTANT

BRITISH · CYPRUS · Age 62

Persons with Significant Control

Mr Lakis Michaelides

75–100% shares

British · Cyprus · Age 62

18-20, Frognal, London, NW3 6AG

Notified 13/08/2024

Former PSCs

Mrs Panayiota Georgiou Michaelides

Ceased 13/08/2024

Charges6 outstanding

Charge

outstanding

LHV BANK LIMITED

Created 31/10/2025Registered 03/11/2025

Charge

outstanding

LHV BANK LIMITED

Created 06/05/2025Registered 09/05/2025

Charge

outstanding

EUROBANK PRIVATE BANK LUXEMBOURG S.A., LONDON BRANCH

Created 23/12/2024Registered 08/01/2025

Charge

outstanding

EUROBANK CYPRUS LTD

Created 29/08/2024Registered 30/08/2024

Charge

outstanding

SHAWBROOK BANK LIMITED

Created 09/10/2020Registered 12/10/2020

Charge

satisfied

SHAWBROOK BANK LIMITED

Created 31/01/2020Registered 04/02/2020Satisfied 09/05/2025

Charge

outstanding

SHAWBROOK BANK LIMITED

Created 31/01/2020Registered 03/02/2020

Charge

satisfied

OCTANE PROPERTY FINANCE LIMITED

Created 24/05/2018Registered 01/06/2018Satisfied 27/10/2025

Charge

satisfied

SECURE TRUST BANK PLC

Created 02/05/2018Registered 09/05/2018Satisfied 29/08/2024

Charge

satisfied

BANK OF CYPRUS UK LIMITED

Created 25/04/2017Registered 02/05/2017Satisfied 22/10/2025

Charge

satisfied

BANK OF CYPRUS UK LIMITED

Created 25/04/2017Registered 28/04/2017Satisfied 22/10/2025

Charge

satisfied

BANK OF CYPRUS UK LIMITED

Created 25/04/2017Registered 28/04/2017Satisfied 12/08/2024

Charge

satisfied

BANK OF CYPRUS UK LIMITED

Created 25/04/2017Registered 28/04/2017Satisfied 22/10/2025

Charge

satisfied

BANK OF CYPRUS UK LIMITED

Created 25/04/2017Registered 28/04/2017Satisfied 22/10/2025

Charge

satisfied

BANK OF CYPRUS UK LIMITED

Created 25/04/2017Registered 28/04/2017Satisfied 22/10/2025

Charge

satisfied

BANK OF CYPRUS UK LIMITED

Created 25/04/2017Registered 28/04/2017Satisfied 22/10/2025

Charge

satisfied

BANK OF CYPRUS UK LIMITED

Created 25/04/2017Registered 28/04/2017Satisfied 12/08/2024

Charge

satisfied

BANK OF CYPRUS UK LIMITED

Created 25/04/2017Registered 28/04/2017Satisfied 12/08/2024

Charge

satisfied

BANK OF CYPRUS UK LIMITED

Created 25/04/2017Registered 28/04/2017Satisfied 12/08/2024

Charge

satisfied

BANK OF CYPRUS UK LIMITED

Created 25/04/2017Registered 28/04/2017Satisfied 22/10/2025

Charge

satisfied

BANK OF CYPRUS UK LIMITED

Created 25/04/2017Registered 28/04/2017Satisfied 22/10/2025

Charge

satisfied

BANK OF CYPRUS UK LIMITED

Created 25/04/2017Registered 28/04/2017Satisfied 22/10/2025

Charge

satisfied

BANK OF CYPRUS UK LIMITED

Created 25/04/2017Registered 28/04/2017Satisfied 22/10/2025

Charge

satisfied

BANK OF CYPRUS UK LIMITED

Created 25/04/2017Registered 28/04/2017Satisfied 22/10/2025

Charge

satisfied

BANK OF CYPRUS UK LIMITED

Created 25/04/2017Registered 27/04/2017Satisfied 22/10/2025

CompanyRankvs 7412+ SIC 68100 peers
70

Financial strength99th percentile among SIC peers · 25/25

Employees59th percentile among SIC peers · 9/15

LiquidityCurrent ratio 1.82× · 16/20

Longevity15 years trading (max 15) · 15/15

Filing complianceAll filings up to date · 15/15

Outstanding charges -10

Show leaderboard

1Gillingham Pottery Brick And Tile Company Limited(The)

2Liverpool And Chester Property Company Limited

3Associated Property Owners Limited

4British And Foreign Wharf Company Limited(The)

5White Marble Quarries Limited

6Rookfield Garden Village Limited

7Abbey Manor Group Limited

8Abbott Bros.(Kent),Limited

9Stonewood Securities Limited

10Braintree Bungalows Limited

7412Lets Buy Limited

How is this score calculated?

Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2025

Net Worth

£3.6M

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£3.0M

Working capital

Current Assets

£6.6M

Current Liabilities

£3.6M

Fixed Assets

£3.1M

Debtors

£6.6M

Profit After Tax

-£63k

1avg. employees

Balance Sheet

Assets less current liabilities£6.1M

Prepared with PTP Accounts Production

EstimatesDerived

Year	Current Ratio	Implied Profit
2025	1.82	+£0
2025	1.82	-£63k
2024	8.88	—
2023	10.17	—

Derived from filed accounts. Not audited figures.

Lets Buy Limited

Details

Compliance

Industry

Officers

Persons with Significant Control

Charges6 outstanding

CompanyRankvs 7412+ SIC 68100 peers70

Key FinancialsYear ending 31/05/2025

EstimatesDerived

CompanyRankvs 7412+ SIC 68100 peers
70