1ST LETS (SOUTH) LTD

Company number SC561581 · Active

1ST LETS (SOUTH) LTD is a private limited company registered in GLASGOW, United Kingdom, incorporated on 27 Mar 2017. Its registered activity is other letting and operating of own or leased real estate. Its latest published accounts for the period ending 31 Mar 2025 show equity of £296k, total assets of £2.1m. It has filed 6 sets of accounts, 2 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Filing delay of last accounts (days)3.7×≥ 321 · 0.43 % became insolvent
Total assets (log)3.1×≥ 6.05274 · 0.37 % became insolvent
Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Late filings2.5×≥ 2 · 0.29 % became insolvent
Equity ratio2.4×0.00404851–0.289275 · 0.28 % became insolvent
Share of filings late2.3×0.333333–0.666667 · 0.26 % became insolvent

Lowers the risk

Region0.0×G · 0.00 % became insolvent
Industry0.3×68 · 0.04 % became insolvent
Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Current ratio0.7×< 0.0828928 · 0.08 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
SC561581 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
27 Mar 2017 (10 years)
Registered address
G42 7RT GLASGOW
Postcode area
Glasgow
Activity
68209 Other letting and operating of own or leased real estate
Industry
Real estate activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202515 Feb 2026– –£296k£2.1m £1.8m–1
31 Mar 202415 Dec 2024– –£202k£1.9m £1.6m–1
31 Mar 202315 Dec 2023– –£151k£1.3m £1.0m–1
31 Mar 202215 Dec 2022– –£103k£821k £610k–1
31 Mar 202115 Dec 2021– –£74k£721k £515k–1
31 Mar 202015 Jan 2021– –£52k£407k £272k–1

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Glasgow

Questions about 1ST LETS (SOUTH) LTD

What is the company number of 1ST LETS (SOUTH) LTD?

1ST LETS (SOUTH) LTD is registered under company number SC561581 in the official register of United Kingdom. View it at the official register.

Is 1ST LETS (SOUTH) LTD still active?

Yes. 1ST LETS (SOUTH) LTD is registered as active (status: Active).

Has 1ST LETS (SOUTH) LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for 1ST LETS (SOUTH) LTD in the official data.

How likely is 1ST LETS (SOUTH) LTD to become insolvent?

Our model estimates a 0.00 % probability that 1ST LETS (SOUTH) LTD becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was 1ST LETS (SOUTH) LTD founded?

1ST LETS (SOUTH) LTD was incorporated on 27 Mar 2017.

Where is 1ST LETS (SOUTH) LTD registered?

1ST LETS (SOUTH) LTD's registered address is in G42 7RT GLASGOW (Glasgow), United Kingdom.

What do the latest accounts of 1ST LETS (SOUTH) LTD show?

The latest published accounts (period ending 31 Mar 2025) show equity of £296k, total assets of £2.1m, 1 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.