55 DEGREES NORTH EAST LIMITED
🌿Early-stageactive
13637780 · ltd · incorporated 2021-09-22
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2025
Net worth
—
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
Data confidence
Overall: medium (76/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Average employees | 200 | 200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
- 2026-05-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-12-07📄change-person-director-company-with-change-dateofficers · CH01
- 2021-10-22📄change-person-secretary-company-with-change-dateofficers · CH03
- 2021-10-22📄change-person-director-company-with-change-dateofficers · CH01
- 2021-10-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-09-22🏢Company incorporatedAs 55 DEGREES NORTH EAST LIMITED
- 2021-09-22➕QUINN, Craig appointedsecretary
- 2021-09-22➕PATTERSON, Jonathan appointeddirector
- 2021-09-22➕QUINN, Craig appointeddirector
- 2021-09-22📄incorporation-companyincorporation · NEWINC
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Craig Quinn Individual · British · DOB 11/1982 · age 44 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 22/09/2021 |
Mr Jonathan Patterson Individual · British · DOB 04/1984 · age 42 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 22/09/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · NE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1NG LIMITED→ 06835399 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| 1OAK PROJECTS LIMITED→ 16086457 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 21ST CENTURY STYLE LIMITED→ 03896886 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| 282 BUILDING SOLUTIONS LTD→ 13008687 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 35 ALBERT RD DEVELOPMENT LTD→ 15354351 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 360 DIGGING LTD→ 10827878 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 360 FUTURE DEVELOPMENTS LIMITED→ 16837963 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 42 HOLDINGS LIMITED→ 11386768 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 55 DEGREE DEVELOPMENTS LTD→ 16347854 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 574 PROPERTY LIMITED→ 16785066 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 610 TM LIMITED→ 14219864 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 615 SCAFFOLDING LIMITED→ 16066291 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeltd
Incorporated2021-09-22
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings
Registered office
25 Hazel Avenue
North Shields
Tyne + Wear
NE29 9BT
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-10-05
Last: 2025-09-21
Officers (3 active · 0 resigned)
Active
PATTERSON, Jonathan→
Activedirector · ~42y · appointed 2021-09-22
View their other companies + combined net worth →
QUINN, Craig→
Activedirector · ~44y · appointed 2021-09-22
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (14 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-29
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-12-07
change-person-director-company-with-change-date
officers · CH01
2021-12-07
change-person-secretary-company-with-change-date
officers · CH03
2021-10-22
change-person-director-company-with-change-date
officers · CH01
2021-10-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-10-08
incorporation-company
incorporation · NEWINC
2021-09-22