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Orbit29 Limited

12574664

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

128 CITY ROAD, LONDON, EC1V 2NX
Incorporated 27/04/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Sufiyan Patel

director · Since 27/04/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Also on 1 other board

Mr Jayesh Devprasad Bhadresha

director · Since 01/09/2020

DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 2 other boards

Persons with Significant Control

Sufiyan Patel

50–75% shares
50–75% votes

British · United Kingdom · Age 35

23, Cordery Road, Leicester, LE5 6DB

Notified 27/04/2020

Jayesh Devprasad Bhadresha

25–50% shares
25–50% votes

British · United Kingdom · Age 35

Flat 504, Skein Court, London, E3 4SB

Notified 01/10/2020

CompanyRankvs 29684+ SIC 62020 peers
65

Financial strength89th percentile among SIC peers · 22/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 8.08× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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29684Orbit29 Limited
65
How is this score calculated?
Financial strength22/25 pts

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

Employees2/15 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.

Longevity6/15 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 30/04/2025

Net Worth

£122k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£112k

Working capital

Current Assets

£127k

Current Liabilities

£16k

Fixed Assets

£12k

0avg. employees-2

Balance Sheet

Assets less current liabilities£123k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20258.08+£50k
20243.23-£29k
20233.86+£55k
20224.29+£3k
20213.26—

Derived from filed accounts. Not audited figures.