ORBITNET LIMITED

Executive Summary

ORBITNET LIMITED is a newly formed micro-entity with a modest balance sheet and limited operating history. The company shows positive net current assets and equity but very limited financial resources, requiring cautious credit exposure. Close monitoring of liquidity, profitability, and working capital trends will be essential as the business develops.

ORBITNET LIMITED - Analysis Report

Company Number: 14573099

Analysis Date: 2025-07-29 20:19 UTC

1. Credit Opinion:
   APPROVE with caution. ORBITNET LIMITED is a recently incorporated micro-entity with a minimal operating history. The accounts show a positive net current asset position and positive shareholder funds, indicating initial financial stability. However, as a new business with limited financial track record and small scale, credit exposure should be conservative and monitored closely.

2. Financial Strength:
   The balance sheet as at 31 January 2024 shows current assets of £1,084 against current liabilities of £979, yielding net current assets (working capital) of £105. The company has nominal fixed assets or long-term liabilities, and total equity stands at £104. This indicates a modest capital base typical of a micro-entity start-up. The minimal asset base and low capital reserves suggest limited financial buffer for unforeseen expenses or downturns.

3. Cash Flow Assessment:
   The company’s working capital is positive but very limited at £105, implying constrained liquidity. There is no indication of borrowings or long-term debt, which reduces immediate repayment risk. However, the tight liquidity position means the company must maintain careful cash management to meet short-term obligations. The average employee number is one, minimizing fixed overheads.

4. Monitoring Points:

• Monitor growth in turnover and profitability in subsequent accounts to ensure the business can build a sustainable cash flow.
• Watch for any increase in current liabilities or borrowings that could strain liquidity.
• Track changes in working capital to confirm the company’s ability to meet short-term commitments.
• Review director and shareholder actions for any indications of financial distress or changes in control.