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Computer Orbit Limited

01537885

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

400-408 OLD DURHAM ROAD, TYNE & WEAR, NE9 5DQ
Incorporated 09/01/1981

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/12/2025

Due 11/01/2027

On track

Industry

47410
Retail sale of computers, peripheral units and software in specialised stores

Officers

Fakhira Malik

secretary · Since 28/06/1996

SECRETARY

BRITISH · ENGLAND · Age 74

Also on 7 other boards

Fakhira Malik

director · Since 28/06/1996

SECRETARY

BRITISH · ENGLAND · Age 74

Also on 7 other boards

Qasim Malik

director · Since 02/01/2001

RETAILER

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Mr Qasim Malik

50–75% shares

British · England · Age 45

400-408 Old Durham Road, Tyne & Wear, NE9 5DQ

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

HSBC BANK PLC

Created 17/07/2007Registered 20/07/2007
charge
outstanding

MIDLAND BANK PLC

Created 14/12/1998Registered 16/12/1998
charge
satisfied

MIDLAND BANK PLC

Created 19/05/1998Registered 21/05/1998Satisfied 14/02/2002
charge
satisfied

MIDLAND BANK PLC

Created 27/09/1996Registered 03/10/1996Satisfied 19/08/2020

CompanyRankvs 88+ SIC 47410 peers
76

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.91× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees15/15 pts

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

Liquidity16/20 pts

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

Longevity15/15 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.

Risk deductions

Outstanding charges: -10 pts

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

£1.2M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£530k

Working capital

Current Assets

£1.1M

Current Liabilities

£580k

Fixed Assets

£671k

9avg. employees

Balance Sheet

Assets less current liabilities£1.2M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.91+£214k
20232.05+£264k
20212.65+£110k
20203.28+£19k
20193.00+£14k
20182.26+£16k
20172.06

Derived from filed accounts. Not audited figures.