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51.51 Degrees North Limited

09310769

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

69 MOSS LANE, SALE, M33 5AP
Incorporated 14/11/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70221
Financial management

Officers

Mrs Andrea Gregory

director · Since 14/11/2014

FINANCIAL SERVICES

BRITISH · UNITED KINGDOM · Age 55

Also on 1 other board

Persons with Significant Control

Mr Paul Gregory

25–50% shares

British · United Kingdom · Age 56

40, Reading Drive, Sale, M33 5DL

Notified 06/04/2016

Mrs Andrea Gregory

Significant control

British · United Kingdom · Age 55

40, Reading Drive, Sale, M33 5DL

Notified 14/11/2016

CompanyRankvs 436+ SIC 70221 peers
83

Financial strength98th percentile among SIC peers · 25/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 22.94× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

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

Employees11/15 pts

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

Liquidity20/20 pts

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

Longevity12/15 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 30/11/2024

Net Worth

£1.8M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1.8M

Working capital

Current Assets

£1.9M

Current Liabilities

£83k

Fixed Assets

£4k

2avg. employees+1

Balance Sheet

Assets less current liabilities£1.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202422.94+£217k
202311.74

Derived from filed accounts. Not audited figures.