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55 Degrees Holding Limited

15203120

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

FERNWOOD HOUSE FERNWOOD ROAD, NEWCASTLE UPON TYNE, NE2 1TJ
Incorporated 11/10/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate
82990
Other business support service activities

Officers

Mr Nicholas James Oates

director · Since 11/10/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 3 other boards

Mrs Maxine Oates

director · Since 20/01/2025

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 2 other boards

Persons with Significant Control

Mr Nicholas James Oates

25–50% shares
25–50% votes

British · United Kingdom · Age 49

Fernwood House, Fernwood Road, Newcastle Upon Tyne, NE2 1TJ

Notified 11/10/2023

Mrs Maxine Oates

25–50% shares
25–50% votes

British · United Kingdom · Age 47

Fernwood House, Fernwood Road, Newcastle Upon Tyne, NE2 1TJ

Notified 11/10/2023

CompanyRankvs 51473+ SIC 68209 peers
65

Financial strength59th percentile among SIC peers · 15/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.81× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength15/25 pts

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

Employees12/15 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.

Longevity3/15 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 31/12/2024

Net Worth

£10k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£15k

Current Liabilities

£5k

Fixed Assets

£489

2avg. employees

Balance Sheet

Assets less current liabilities£10k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20242.81

Derived from filed accounts. Not audited figures.