Let US Rent Ltd
Registered name: LET US RENT LTD
Let US Rent Ltd made £216k revenue and £99k profit in the year to 5 Apr 2025.
Let US Rent Ltd’s revenue grew 79% to £216k in the year to 5 Apr 2025, with £99k profit and 2 employees. The company is classified under “residents property management” and is based in Glasgow; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 8 yrs · since 2017
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 5 Apr 2022 | 5 Apr 2023 | 5 Apr 2024 | 5 Apr 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £120k | £216k |
| Profit after tax | — | — | £72.8k | £99k |
| Profit (best available) | — | — | £72.8k | £99k |
| Staff costs | — | — | £11.4k | £48.9k |
| Employees (average) | 1 | 1 | 1 | 2 |
| Ratios | ||||
| Profit margin | — | — | 60.5% | 45.9% |
| Revenue per employee | — | — | £120k | £108k |
| Profit per employee | — | — | £72.8k | £49.5k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲79.1% |
| Profit growth | — | — | — | ▲35.9% |
| Headcount growth | — | 0% | 0% | ▲100% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £18.7k | £37.1k | — | — |
| Net assets | £10.4k | £30.3k | £102k | £195k |
| Fixed assets | — | — | £0 | £4.5k |
| Current assets | £18.7k | £41.9k | £123k | £223k |
| Debtors | £0 | £4.5k | — | — |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Jun 2025 |
How the business works
- Profit margin
- 45.9%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £108k
- Revenue ÷ average employees.
- Profit per employee
- £49.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲91%
- Now £195k
- Cash at bank
- —
- Now —
- Headcount
- ▲100%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £4.5k
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Sources
Latest figures from FullAccounts for the year to 5 Apr 2025 (profit £99k), from the Companies House accounts bulk data published Jun 2025. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.