# 45 DEGREES SOUTH LTD (08061354)

> 45 DEGREES SOUTH LTD is an active private limited company (company number 08061354) incorporated on 9 May 2012, registered in Barnet. Its registered activity is joinery installation (SIC 43320). Latest small accounts cover the period ending 31 May 2025, showing net assets of £46k and cash of £29k, with 1 employee on average. Net assets fell 35% on the prior period (£71k).

- Status: Active
- Incorporated: 2012-05-09
- Registered office: Barnet, EN5 1AH
- SIC 43320: Joinery installation
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-05-23
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 914 comparable companies in Greater London (median £6,218, upper quartile £30k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | £46k | £29k | £2,986 | £2,780 | — | — | 1 |
| 2024-05-31 | £71k | £13k | £31k | £4,878 | — | — | 1 |

current ratio 11.35; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £46,126 at 31 May 2025
- Net assets down 25% or more on the prior period: -34.8% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 11.35
- Incorporated five or more years ago: Incorporated 9 May 2012

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Carl Atkinson — owns 25–50% of shares, since 2017-05-09

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/08061354
HTML: https://firmoscan.com/company/08061354-45-degrees-south-ltd