Back to search

Let-Co Property Ltd

12309787

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

10 YORK AVENUE, LINCOLN, LN1 1LL
Incorporated 12/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68320
Management of real estate on a fee or contract basis

Officers

Mr Kassim Al-Derzi

director · Since 12/11/2019

PROJECT MANAGER

BRITISH · UNITED KINGDOM · Age 37

Also on 2 other boards

Mr Saif Eldeen Al-Derzi

director · Since 12/11/2019

DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 5 other boards

Mr Rhys Booth

director · Since 12/11/2019

STUDENT

BRITISH · UNITED KINGDOM · Age 26

Persons with Significant Control

Mr Rhys Booth

25–50% shares
25–50% votes

British · United Kingdom · Age 26

15, Scorer Street, Lincoln, LN5 7XD

Notified 12/11/2019

Former PSCs

Saif Al-Derzi

Ceased 31/12/2024

Mr Kassim Al-Derzi

Ceased 01/11/2022

CompanyRankvs 19059+ SIC 68320 peers
63

Financial strength67th percentile among SIC peers · 17/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.04× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength17/25 pts

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

Employees12/15 pts

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

Liquidity12/20 pts

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

Longevity7/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£7k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£74k

Current Liabilities

£72k

Fixed Assets

£795

2avg. employees

Balance Sheet

Assets less current liabilities£4k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.04-£2k
20231.56+£5k
20221.05
20212.21
20205.17

Derived from filed accounts. Not audited figures.