How much does Renac Lettings Limited make?

Renac Lettings Limited reported revenue of £288k and £6k profit in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does Renac Lettings Limited have?

Renac Lettings Limited reported an average of 1 employee in the year to 31 May 2025.

Is Renac Lettings Limited profitable?

Yes — Renac Lettings Limited reported a profit of £6k in the year to 31 May 2025.

Company No. 14118860 · Incorporated 19 May 2022

Renac Lettings Limited

Registered name: RENAC LETTINGS LIMITED

Renac Lettings Limited made £288k revenue and £6k profit in the year to 31 May 2025.

Renac Lettings Limited’s revenue grew 15% to £288k in the year to 31 May 2025, with £6k profit and 1 employee. The company is classified under “buying and selling of own real estate” and is based in Birmingham; we hold 3 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68100Buying and selling of own real estate SIC 68201Renting and operating of Housing Association real estate SIC 68209Other letting and operating of own or leased real estate SIC 68320Management of real estate on a fee or contract basis

Status: Active
Location: Birmingham, West Midlands
Age: 4 yrs · since 2022
Type: Private Limited Company

Latest accounts · year to 31 May 2025

Key figures

IndependentSmall teamYoung and profitable

Revenue

£288k

Growth ▲14.9%

Profit

£6k

Growth ▼89.9%

Profit margin

2.1%

Employees

Change 0%

Profit / employee

£6k

Revenue/employee £288k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 May 2023	31 May 2024	31 May 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£170k	£250k	£288k
Profit after tax	−£1.2k	£59.6k	£6k
Profit (best available)	−£1.2k	£59.6k	£6k
Staff costs	£0	£12k	£24k
Employees (average)	1	1	1
Ratios
Profit margin	−0.7%	23.8%	2.1%
Revenue per employee	£170k	£250k	£288k
Profit per employee	−£1.2k	£59.6k	£6k
Growth (year on year)
Revenue growth	—	▲47.2%	▲14.9%
Profit growth	—	—	▼89.9%
Headcount growth	—	0%	0%
Balance sheet — indirect signals, not revenue
Net assets	£24k	£23.9k	£29.9k
Fixed assets	£1.8k	£58.1k	£46.3k
Current assets	£0	£5.2k	£14.7k
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 2.1%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £288k; Revenue ÷ average employees.
Profit per employee: £6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 16.1%; 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.

Indirect — not revenue

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: ▲25%; Now £29.9k
Cash at bank: —; Now —
Headcount: 0%; Now 1
Deferred income: —; Now —
Fixed assets: ▼20%; Now £46.3k

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2025 (profit £6k), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.