DIRECT LETS (SCOTLAND) LIMITED

Company number SC408932 ·

Active

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.

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Shareholders' funds

£5,030

Balance sheet as at 2025-10-31

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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
View filing history →

Nature of business (SIC)

  • 68209 Other letting and operating of own or leased real estate

Officers 1 current · 1 resigned

Appointed 2016-08-01

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Contact details

Website
directlets.net
Phone
01413471600

Previous registered addresses 2

AddressChanged on
SUITE 6 FIRHILL BUSINESS CENTRE, 76 FIRHILL ROAD, GLASGOW, G20 7DX, SCOTLAND2020-01-16
STRATHMORE BUSINESS CENTRE 122 STRATHMORE ROAD, GLASGOW, LANARKSHIRE, G22 7DW2019-09-10

Among its peers

Among the oldest 25%

of 4,908 similar companies in G, trading since 2011

28 companies are registered at this postcode →

Competitors Glasgow

This company ranks 1966 among other letting and operating of own or leased real estate in Glasgow.

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The class of 2011

62%

of the 4,899 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.