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Third Planet Orbital Limited

14866498

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

ADVANCED TECHNOLOGY INNOVATION CENTRE (ATIC), LOUGHBOROUGH, LE11 3QF
Incorporated 12/05/2023

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 11/05/2025

Due 25/05/2026

On track

Industry

30300
Manufacture of air and spacecraft and related machinery
71122
Engineering related scientific and technical consulting activities
71129
Other engineering activities

Officers

Mr Miles Warwick Ashcroft

director · Since 12/05/2023

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 5 other boards

Mr Daniel Martin

director · Since 04/08/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Persons with Significant Control

Mr Miles Warwick Ashcroft

25–50% shares
25–50% votes
Appoint directors

British · England · Age 55

Advanced Technology Innovation Centre (Atic), 5 Oakwood Drive, Loughborough, LE11 3QF

Notified 12/05/2023

Mr Daniel Martin

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 38

Advanced Technology Innovation Centre (Atic), 5 Oakwood Drive, Loughborough, LE11 3QF

Notified 04/08/2023

CompanyRankvs 465+ SIC 30300 peers
35

Financial strength31th percentile among SIC peers · 8/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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465Third Planet Orbital Limited
31
How is this score calculated?
Financial strength8/25 pts

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

Employees3/15 pts

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

Liquidity6/20 pts

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

Longevity3/15 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 31/03/2025

Net Worth

£2

Balance sheet strength

Cash

£84k

Cash in the bank

Net Current Assets

-£15k

Working capital

Current Assets

£279k

Current Liabilities

£294k

Fixed Assets

£2k

Debtors

£38k

0avg. employees-2

Balance Sheet

Assets less current liabilities-£13k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.95
20240.25

Derived from filed accounts. Not audited figures.