GEM LETS LTD
Company number 09895439 · Active · Newcastle Upon Tyne NE3 4YH
GEM LETS LTD is an active private limited company (company number 09895439) incorporated on 1 December 2015, registered in Newcastle Upon Tyne. Its registered activity is buying and selling of own real estate (SIC 68100). Latest micro accounts cover the period ending 31 December 2024, showing net assets of £74k, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 83% on the prior period (£40k).
By net assets it sits in the top quarter of 2,416 comparable companies in Newcastle (median £1, upper quartile £11k).
Key dates
- Incorporated
- 1 December 2015
- Next accounts due
- 30 September 2026 — 18 days overdue
- Confirmation statement due
- 15 December 2026 — in 58 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 68100
- Buying and selling of own real estate
- SIC 68201
- Renting and operating of Housing Association real estate
- SIC 68209
- Other letting and operating of own or leased real estate
- SIC 68320
- Management of real estate on a fee or contract basis
- Accounts type
- Micro Entity
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 December 2024
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2024 | £74k | — | — | £256k | — | — | 2 |
| 31 December 2023 | £40k | — | — | £245k | — | — | 2 |
- Current ratio
- 0.29 — current liabilities exceed current assets
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
Firmoscan score: 58/100 (grade C)
- +10 Positive net assets — Net assets £73,669 at 2024-12-31
- +8 Net assets growing — +82.7% vs prior period
- -8 Current liabilities exceed current assets — Current ratio 0.29
- +8 Established — Incorporated 2015-12-01 (11 years)
- -10 Accounts overdue — Due 2026-09-30
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Dr Sunita Gemmell — owns 25–50% of shares · since 3 December 2016
- Mr Christopher Andrew Gemmell — owns 25–50% of shares · since 3 December 2016
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in Newcastle
Same activity (buying and selling of own real estate), closest in incorporation date.
- DYMOND FINANCE LIMITED — Cramlington, inc. Nov 2015
- CSH PARTNERS LIMITED — Newcastle Upon Tyne, inc. Nov 2015
- LINTZFORD PROPERTIES LTD — Rowlands Gill, inc. Dec 2015
- NITRAM PROPERTIES LIMITED — Gateshead, inc. Dec 2015
- BALGER LTD — Chester Le Street, inc. Dec 2015
- GENINE PROPERTY SERVICES LIMITED — North Shields, inc. Nov 2015
Reminders for GEM LETS LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.