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29degrees Limited

05952987

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

THE GRANARY, ELLESMERE, SY12 0NJ
Incorporated 02/10/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Carl Peter Drinkwater

director · Since 02/10/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 3 other boards

Mr Steven Drinkwater

director · Since 01/12/2011

SOFTWARE DEVELOPER

BRITISH · ENGLAND · Age 39

Also on 2 other boards

Persons with Significant Control

Mr Carl Peter Drinkwater

75–100% shares

British · United Kingdom · Age 49

The Granary, Hampton Wood, Ellesmere, SY12 0NJ

Notified 02/10/2016

Mr Steven Drinkwater

Significant control

British · England · Age 39

The Granary, Hampton Wood, Ellesmere, SY12 0NJ

Notified 02/10/2016

CompanyRankvs 42586+ SIC 62020 peers
62

Financial strength46th percentile among SIC peers · 12/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength12/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£61k

Current Liabilities

£68k

Fixed Assets

£11k

3avg. employees

Balance Sheet

Total assets£72k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.90+£15k
20230.45-£30k
20221.17+£30k
20210.69

Derived from filed accounts. Not audited figures.