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Orbital Express Launch Limited

09580714

in administration
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

C/O FRP ADVISORY TRADING LIMITED, LONDON, EC4N 6EU
Incorporated 08/05/2015

Compliance

Last accounts

31/12/2023

group

Next accounts due

31/12/2025

Overdue

Confirmation statement

Last: 13/01/2025

Due 27/01/2026

Overdue

Industry

30300
Manufacture of air and spacecraft and related machinery

Officers

Alexander Arrola Gonzalez

director · Since 18/07/2018

Spanish

Miguel Bello Mora

director · Since 18/01/2024

Spanish

Phillip John Chambers

director · Since 18/01/2024

British

Martin John Coates

director · Since 08/05/2025

British

Nadia Hoosen-Webber

director · Since 28/11/2024

British

Albert Joseph Markus

director · Since 07/05/2018

Dutch

Jimmy Fussing Nielsen

director · Since 07/05/2018

Danish

Former

Keith John Barclay

director · Resigned 23/05/2024

Martin John Coates

director · Resigned 24/01/2024

Martin John Coates

director · Resigned 07/05/2018

Christopher Coleridge

director · Resigned 03/09/2015

Simon Paul King

director · Resigned 03/06/2025

Christopher Nigel Larmour

director · Resigned 15/06/2023

John Norman May

director · Resigned 07/05/2018

Kristian Von Bengtson

director · Resigned 08/05/2025

John David Whelan

director · Resigned 07/05/2018

Insolvency History1 case

in administration

Chad Griffin (practitioner) · Geoffrey Paul Rowley (practitioner) · Graham David Smith (practitioner)

CompanyRankvs 105+ SIC 30300 peers
66

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.15× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Insolvency history -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.

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.

Longevity11/15 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

Going concern doubt: -10 pts

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

through equity funding, which is not guaranteed. This indicate the existence of a material uncertainty which may cast significant doubt on the Group’s and the Company’s ability to continue as going concerns and therefore the Group and the Company may be unable to realise their assets and discharge their liabilities in the normal course of business. The capital to be raised from the equity

Key FinancialsYear ending 31/12/2023

Net Worth

£13.2M

Balance sheet strength

Cash

£15.6M

Cash in the bank

Net Current Assets

£13.2M

Working capital

Current Assets

£16.5M

Current Liabilities

£5.2M

Fixed Assets

£2.2M

Debtors

£2.8M

Admin Expenses

£20.6M

Profit After Tax

-£16.2M

138avg. employees

Tax at Year End

Corp tax£0

Balance Sheet

Intangible assets£0
Bank loans & overdrafts£679k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20233.15

Derived from filed accounts. Not audited figures.