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Brl Lets Ltd

12900512

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 5 outstanding charges (-10)

Details

9 SALTWELL BUSINESS PARK, GATESHEAD, NE9 5BQ
Incorporated 23/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Richard William Smith

secretary · Since 23/09/2020

Also on 3 other boards

Mr Gary Mawson

director · Since 23/09/2020

TILER

BRITISH · UNITED KINGDOM · Age 46

Mr Richard William Smith

director · Since 23/09/2020

FINANCIAL ADVISOR

BRITISH · UNITED KINGDOM · Age 50

Also on 3 other boards

Mr Paul David Idle

director · Since 21/09/2022

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 64

Also on 1 other board

Persons with Significant Control

Gary Mawson

25–50% shares
25–50% votes

British · United Kingdom · Age 46

36, Welford Avenue, Newcastle Upon Tyne, NE3 3UY

Notified 23/09/2020

Mr Richard William Smith

25–50% shares
25–50% votes

British · United Kingdom · Age 50

27, Denewell Avenue, Gateshead, NE9 5HD

Notified 23/09/2020

Mr Paul David Idle

25–50% shares
25–50% votes

British · England · Age 64

9, Saltwell Business Park, Gateshead, NE9 5BQ

Notified 22/09/2021

Charges5 outstanding

Charge
outstanding

TRUSTEES OF THE BRL DEVELOPMENTS LTD SASS

Created 16/07/2025Registered 16/07/2025
Charge
outstanding

FLEET MORTGAGES LIMITED

Created 26/11/2024Registered 06/12/2024
Charge
outstanding

FLEET MORTGAGES LIMITED

Created 25/11/2024Registered 27/11/2024
Charge
outstanding

BRL DEVELOPMENTS LTD SSAS

Created 10/02/2023Registered 10/02/2023
Charge
outstanding

LANDBAY PARTNERS LIMITED

Created 05/08/2022Registered 08/08/2022
Charge
satisfied

WHITEHALL TRUSTEES LIMITED · RICHARD WILLIAM SMITH · BRIAN ROY SMITH · LESLEY ANN ELLIOTT

Created 29/01/2021Registered 07/02/2021Satisfied 08/08/2022

CompanyRankvs 82349+ SIC 68100 peers
39

Financial strength74th percentile among SIC peers · 19/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.71× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

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

Employees3/15 pts

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

Liquidity6/20 pts

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

Longevity6/15 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 30/09/2025

Net Worth

£26k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£29k

Current Liabilities

£42k

Fixed Assets

£272k

0avg. employees

Balance Sheet

Assets less current liabilities£259k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.71+£0
20250.71+£40k
20240.47+£7k
20230.49+£6k
20220.52-£29k
20210.03

Derived from filed accounts. Not audited figures.