ORBITAL PROJECTS 5 LIMITED
Company number SC721335 · Monitor this company
Executive summary
Orbital Projects 5 Limited shows high financial risk due to negative net current assets, zero cash reserves, and reliance on its parent company for ongoing support. The company benefits from significant parent-level funding initiatives and government contracts, but material uncertainty about going concern remains. Investors should carefully review the parent’s financial strength and funding pipeline to assess the subsidiary’s sustainability.
Shareholders' funds
-£166,699
Balance sheet as at 2023-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2022-01-28
- Employees
- 0 (2023 accounts)
- Registered office
- Innovation Centre - Orkney Hatston Pier Road, Crowness Business Park, Kirkwall, United Kingdom, KW15 1ZL
- Postcode
- KW15 1ZL
- Accounts category
- Small
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-01-27
- Next due by
- 2027-02-10
Nature of business (SIC)
- 35110 Production of electricity
Officers 3 current
Group structure
Controlled by ORBITAL PROJECTS (HOLDINGS) LIMITED — since 2022-01-28
From persons-with-significant-control filings on the public register.
Competitors Thurso
This company ranks 45 among production of electricity in Thurso.