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55th Parallel Ltd.

11125102

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

42 BARONSWOOD, NEWCASTLE UPON TYNE, NE3 3UB
Incorporated 27/12/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Andrew Besford

director · Since 27/12/2017

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Mrs Mary Katherine Youngs

director · Since 27/12/2017

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 3 other boards

Persons with Significant Control

Mr Andrew Besford

25–50% shares
25–50% votes

British · England · Age 48

42, Baronswood, Newcastle Upon Tyne, NE3 3UB

Notified 27/12/2017

Mrs Mary Katherine Youngs

25–50% shares
25–50% votes

British · England · Age 47

42, Baronswood, Newcastle Upon Tyne, NE3 3UB

Notified 27/12/2017

CompanyRankvs 27269+ SIC 70229 peers
71

Financial strength87th percentile among SIC peers · 22/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 34.67× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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2726955th Parallel Ltd.
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How is this score calculated?
Financial strength22/25 pts

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

Employees6/15 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.

Longevity8/15 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 31/07/2025

Net Worth

£85k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£63k

Working capital

Current Assets

£64k

Current Liabilities

£2k

Fixed Assets

£22k

1avg. employees

Balance Sheet

Assets less current liabilities£85k
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied Profit
202534.67-£23k
202481.55-£4k
202310.70+£21k
20224.07+£53k
2021Infinity-£17k
20203.70+£50k
20193.06—

Derived from filed accounts. Not audited figures.