LETTINGS PLUS PROPERTY MANAGEMENT SERVICES LTD
Company number 07743677 · Monitor this company
Executive summary
Lettings Plus Property Management Services Ltd demonstrates above-average financial health for the UK regional property management sector, with exceptional liquidity (current ratio of 11:1), consistent net asset growth averaging 14% annually over eight years, and moderate gearing that is organically deleveraging. The hybrid ownership/management model provides revenue diversification, though the business's scale and geographic concentration present typical niche-player vulnerabilities. The dramatic cash improvement in the latest period, combined with stable investment property values and static long-term debt, suggests a business in a strong defensive position — well-capitalised but potentially under-deploying resources relative to growth opportunities in the buoyant Southeast rental market.
Shareholders' funds
£390,166
Balance sheet as at 2025-08-30
What it does
The principal activity of the company is that of property management services.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2011-08-17
- Employees
- 2 (2025 accounts)
- Registered office
- Westland Court, Shady Lane, Watford, Hertfordshire, WD17 1QR
- Postcode
- WD17 1QR
- Capital
- 200 GBP
- Accounts category
- Total Exemption Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-08-30
- Next due by
- 2027-05-30
- Financial year end
- 30 August
Confirmation statement
- Last statement dated
- 2026-05-30
- Next due by
- 2027-06-13
Nature of business (SIC)
- 68209 Other letting and operating of own or leased real estate
- 68320 Management of real estate on a fee or contract basis
Officers 2 current
Group structure 1 subsidiary
Controlled by WESTLAND CT HOLDINGS LTD — since 2025-01-08
From persons-with-significant-control filings on the public register.
Previous registered addresses 1
| Address | Changed on |
|---|---|
| 64A THE BIRCHES, DERWENT ROAD, HARPENDEN, HERTFORDSHIRE, AL5 3NX, ENGLAND | 2013-04-02 |
Among its peers
Top 25%
by shareholders' funds, of 1,633 similar companies in WD
Among the biggest employers among its local peers (2 staff).
Among the oldest 25% of its local peers, trading since 2011.
Competitors Watford
This company ranks 302 among other letting and operating of own or leased real estate in Watford.
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.
Property in England & Wales 5 titles
- Leasehold
- 5
- Most recent registration
- 2023-02-14
- Price paid, where recorded
- £1,085,000
- Where
- Hertfordshire (5)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| HD616249 | Hertfordshire | Leasehold | 2023-02-14 | — |
| HD616250 | Hertfordshire | Leasehold | 2023-02-14 | £350,000 |
| HD601608 | Hertfordshire | Leasehold | 2021-07-21 | £245,000 |
| HD601562 | Hertfordshire | Leasehold | 2021-07-19 | £245,000 |
| HD601564 | Hertfordshire | Leasehold | 2021-07-19 | £245,000 |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.