orbit tickets limited
orbit tickets limited Company Information
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
3rd floor planetree house, 21-31 oldham street, manchester, M1 1JG
Website
http://ticketline.co.ukorbit tickets limited Estimated Valuation
Pomanda estimates the enterprise value of ORBIT TICKETS LIMITED at £627.9k based on a Turnover of £848.9k and 0.74x industry multiple (adjusted for size and gross margin).
orbit tickets limited Estimated Valuation
Pomanda estimates the enterprise value of ORBIT TICKETS LIMITED at £544.2k based on an EBITDA of £123.6k and a 4.4x industry multiple (adjusted for size and gross margin).
orbit tickets limited Estimated Valuation
Pomanda estimates the enterprise value of ORBIT TICKETS LIMITED at £6.5m based on Net Assets of £2.7m and 2.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Orbit Tickets Limited Overview
Orbit Tickets Limited is a live company located in manchester, M1 1JG with a Companies House number of 02853184. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in September 1993, it's largest shareholder is ticketline group limited with a 100% stake. Orbit Tickets Limited is a mature, small sized company, Pomanda has estimated its turnover at £848.9k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Orbit Tickets Limited Health Check
Pomanda's financial health check has awarded Orbit Tickets Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
2 Weak
Size
annual sales of £848.9k, make it in line with the average company (£840.3k)
- Orbit Tickets Limited
£840.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (8.2%)
- Orbit Tickets Limited
8.2% - Industry AVG
Production
with a gross margin of 39.8%, this company has a comparable cost of product (39.8%)
- Orbit Tickets Limited
39.8% - Industry AVG
Profitability
an operating margin of 6% make it as profitable than the average company (5.7%)
- Orbit Tickets Limited
5.7% - Industry AVG
Employees
with 28 employees, this is above the industry average (14)
28 - Orbit Tickets Limited
14 - Industry AVG
Pay Structure
on an average salary of £29k, the company has an equivalent pay structure (£29k)
- Orbit Tickets Limited
£29k - Industry AVG
Efficiency
resulting in sales per employee of £30.3k, this is less efficient (£72.6k)
- Orbit Tickets Limited
£72.6k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (27 days)
- Orbit Tickets Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is slower than average (37 days)
- Orbit Tickets Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Orbit Tickets Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 75 weeks, this is more cash available to meet short term requirements (58 weeks)
75 weeks - Orbit Tickets Limited
58 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.8%, this is a lower level of debt than the average (37.4%)
14.8% - Orbit Tickets Limited
37.4% - Industry AVG
ORBIT TICKETS LIMITED financials
Orbit Tickets Limited's latest turnover from March 2024 is estimated at £848.9 thousand and the company has net assets of £2.7 million. According to their latest financial statements, Orbit Tickets Limited has 28 employees and maintains cash reserves of £677.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,439,731 | 4,237,144 | 3,413,555 | 3,519,946 | 3,595,894 | 3,524,857 | 4,004,144 | 3,773,528 | |||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 630,084 | 717,792 | 622,551 | 670,583 | 879,574 | 852,906 | 970,842 | 1,335,181 | |||||||
| Gross Profit | 2,809,647 | 3,519,352 | 2,791,004 | 2,849,363 | 2,716,320 | 2,671,951 | 3,033,302 | 2,438,347 | |||||||
| Admin Expenses | 2,421,509 | 3,604,767 | 2,370,292 | 2,057,000 | 2,205,676 | 2,162,901 | 2,423,522 | 2,170,948 | |||||||
| Operating Profit | 388,138 | -85,415 | 420,712 | 792,363 | 510,644 | 509,050 | 609,780 | 267,399 | |||||||
| Interest Payable | 1,845 | 1 | |||||||||||||
| Interest Receivable | 60,128 | 45,645 | 42,065 | 37,329 | 55,071 | 42,012 | 42,963 | 87,210 | |||||||
| Pre-Tax Profit | 616,782 | -242,013 | 238,191 | 759,307 | 563,870 | 551,062 | 652,743 | 354,608 | |||||||
| Tax | 11,683 | 971 | 216,535 | -216,905 | -141,506 | -150,120 | -191,395 | -105,703 | |||||||
| Profit After Tax | 628,465 | -241,042 | 454,726 | 542,402 | 422,364 | 400,942 | 461,348 | 248,905 | |||||||
| Dividends Paid | 645,001 | 205,000 | 203,830 | 201,748 | 200,000 | 210,001 | |||||||||
| Retained Profit | 628,465 | -886,043 | 249,726 | 338,572 | 220,001 | 200,942 | 461,348 | 63,616 | |||||||
| Employee Costs | 1,571,832 | 1,657,920 | 1,668,083 | 1,418,088 | 1,454,380 | 1,417,456 | 1,744,484 | 1,467,142 | |||||||
| Number Of Employees | 28 | 33 | 38 | 46 | 48 | 43 | 48 | 47 | 52 | 52 | 55 | 63 | 73 | 78 | 77 |
| EBITDA* | 481,490 | 31,545 | 523,434 | 886,118 | 644,907 | 640,467 | 708,943 | 351,041 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 61,530 | 33,750 | 15,749 | 31,263 | 40,173 | 54,237 | 77,154 | 126,639 | 159,926 | 217,665 | 201,697 | 164,584 | 232,644 | 314,027 | 73,461 |
| Intangible Assets | 169,135 | 52,132 | 32,112 | 52,226 | 60,272 | 5,587 | 14,971 | 25,124 | 35,600 | 18,577 | 11,991 | ||||
| Investments & Other | 228,867 | 236,535 | 484,711 | 939,623 | 1,902,115 | 1,909,453 | 40,278 | 40,893 | 40,893 | 40,893 | |||||
| Debtors (Due After 1 year) | 60,000 | 219,286 | 64,215 | 60,000 | 60,000 | ||||||||||
| Total Fixed Assets | 459,532 | 322,417 | 500,460 | 970,886 | 1,942,288 | 1,963,690 | 109,266 | 178,865 | 220,198 | 223,252 | 276,668 | 449,272 | 373,352 | 433,497 | 186,345 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 359 | 1,062 | 2,626 | 2,782 | 18,133 | 19,500 | 20,987 | 10,770 | 46,863 | 18,655 | 29,474 | 39,188 | 55,311 | 102,605 | 48,449 |
| Group Debtors | 33,469 | 1,000 | 100 | 1,000 | |||||||||||
| Misc Debtors | 2,036,574 | 2,112,458 | 1,722,512 | 1,650,073 | 2,209,320 | 1,645,217 | 471,523 | 2,222,788 | 1,310,783 | 2,397,842 | 1,741,346 | 706,476 | 788,063 | 539,960 | 500,280 |
| Cash | 677,141 | 560,663 | 1,123,672 | 1,390,167 | 516,396 | 1,088,891 | 2,056,690 | 11,105,011 | 9,851,360 | 10,937,677 | 7,462,407 | 6,723,720 | 9,951,579 | 10,949,247 | 9,418,743 |
| misc current assets | 1,987,596 | 1,161,132 | 996,859 | 600,000 | |||||||||||
| total current assets | 2,714,074 | 2,707,652 | 2,849,810 | 3,043,022 | 2,743,949 | 2,754,608 | 4,536,796 | 14,499,701 | 12,205,865 | 13,954,174 | 9,233,227 | 7,469,384 | 10,794,953 | 11,591,812 | 9,967,472 |
| total assets | 3,173,606 | 3,030,069 | 3,350,270 | 4,013,908 | 4,686,237 | 4,718,298 | 4,646,062 | 14,678,566 | 12,426,063 | 14,177,426 | 9,509,895 | 7,918,656 | 11,168,305 | 12,025,309 | 10,153,817 |
| Bank overdraft | 250,000 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 65,658 | 14,195 | 40,876 | 40,876 | 54,246 | 75,216 | 67,831 | 10,064,622 | 7,959,580 | 9,104,206 | 4,964,000 | 3,813,333 | 6,922,972 | 7,561,740 | 6,563,571 |
| Group/Directors Accounts | 122,760 | 12,395 | 49,000 | 198,830 | |||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 280,386 | 361,377 | 750,563 | 635,167 | 689,801 | 983,046 | 696,006 | 842,285 | 1,315,365 | 1,022,335 | 744,055 | 664,348 | 1,019,668 | 1,430,720 | 832,732 |
| total current liabilities | 468,804 | 387,967 | 791,439 | 975,043 | 744,047 | 1,058,262 | 763,837 | 10,906,907 | 9,274,945 | 10,126,541 | 5,708,055 | 4,477,681 | 7,942,640 | 8,992,460 | 7,595,133 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 10,305 | 10,305 | 10,305 | 10,305 | 14,659 | 24,061 | 31,985 | 45,709 | 46,390 | 4,691 | 12,817 | ||||
| total long term liabilities | 10,305 | 10,305 | 10,305 | 10,305 | 14,659 | 24,061 | 31,985 | 45,709 | 46,390 | 4,691 | 12,817 | ||||
| total liabilities | 468,804 | 387,967 | 801,744 | 985,348 | 754,352 | 1,068,567 | 778,496 | 10,930,968 | 9,306,930 | 10,172,250 | 5,754,445 | 4,477,681 | 7,947,331 | 9,005,277 | 7,595,133 |
| net assets | 2,704,802 | 2,642,102 | 2,548,526 | 3,028,560 | 3,931,885 | 3,649,731 | 3,867,566 | 3,747,598 | 3,119,133 | 4,005,176 | 3,755,450 | 3,440,975 | 3,220,974 | 3,020,032 | 2,558,684 |
| total shareholders funds | 2,704,802 | 2,642,102 | 2,548,526 | 3,028,560 | 3,931,885 | 3,649,731 | 3,867,566 | 3,747,598 | 3,119,133 | 4,005,176 | 3,755,450 | 3,440,975 | 3,220,974 | 3,020,032 | 2,558,684 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 388,138 | -85,415 | 420,712 | 792,363 | 510,644 | 509,050 | 609,780 | 267,399 | |||||||
| Depreciation | 27,756 | 14,772 | 20,490 | 21,398 | 33,657 | 40,940 | 46,940 | 73,237 | 102,908 | 93,338 | 83,602 | 123,787 | 120,940 | 95,749 | 71,649 |
| Amortisation | 44,704 | 3,336 | 22,430 | 20,115 | 14,052 | 9,384 | 10,153 | 10,476 | 10,477 | 3,414 | 11,993 | ||||
| Tax | 11,683 | 971 | 216,535 | -216,905 | -141,506 | -150,120 | -191,395 | -105,703 | |||||||
| Stock | |||||||||||||||
| Debtors | -110,056 | 420,851 | 73,283 | -574,698 | 561,836 | 1,173,207 | -1,741,048 | 875,912 | -1,058,851 | 585,677 | 865,870 | 57,361 | 205,024 | 93,836 | 608,729 |
| Creditors | 51,463 | -26,681 | -13,370 | -20,970 | 7,385 | -9,996,791 | 2,105,042 | -1,144,626 | 4,140,206 | 1,150,667 | -3,109,639 | -638,768 | 998,169 | 6,563,571 | |
| Accruals and Deferred Income | -80,991 | -389,186 | 115,396 | -54,634 | -293,245 | 287,040 | -146,279 | -473,080 | 293,030 | 278,280 | 79,707 | -355,320 | -411,052 | 597,988 | 832,732 |
| Deferred Taxes & Provisions | -10,305 | -4,354 | -9,402 | -7,924 | -13,724 | -681 | 46,390 | -4,691 | -8,126 | 12,817 | |||||
| Cash flow from operations | 1,241,299 | 226,047 | 4,572,097 | 1,080,107 | -3,023,610 | -772,623 | 2,032,686 | 7,032,912 | |||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -140,840 | -496,688 | -1,161,481 | -11,680 | -55,165 | -67,057 | -346,315 | -50,840 | |||||||
| Change in Investments | -7,668 | -248,176 | -454,912 | -962,492 | -7,338 | 1,909,453 | -40,278 | -615 | 40,893 | ||||||
| cash flow from investments | -140,840 | -496,688 | -1,161,481 | 28,598 | -54,550 | -67,057 | -346,315 | -91,733 | |||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 110,365 | 12,395 | -49,000 | 49,000 | -198,830 | 198,830 | |||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 60,128 | 45,645 | 42,065 | 37,329 | 53,226 | 42,012 | 42,963 | 87,209 | |||||||
| cash flow from financing | 60,128 | 45,645 | 42,065 | 13,232 | 53,226 | 42,012 | -155,867 | 2,781,107 | |||||||
| cash and cash equivalents | |||||||||||||||
| cash | 116,478 | -563,009 | -266,495 | 873,771 | -572,495 | -967,799 | -9,048,321 | 1,253,651 | -1,086,317 | 3,475,270 | 738,687 | -3,227,859 | -997,668 | 1,530,504 | 9,418,743 |
| overdraft | -250,000 | 250,000 | |||||||||||||
| change in cash | 116,478 | -563,009 | -16,495 | 623,771 | -572,495 | -967,799 | -9,048,321 | 1,253,651 | -1,086,317 | 3,475,270 | 738,687 | -3,227,859 | -997,668 | 1,530,504 | 9,418,743 |
orbit tickets limited Credit Report and Business Information
Orbit Tickets Limited Competitor Analysis
Perform a competitor analysis for orbit tickets limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in M 1 area or any other competitors across 12 key performance metrics.
orbit tickets limited Ownership
ORBIT TICKETS LIMITED group structure
Orbit Tickets Limited has 1 subsidiary company.
Ultimate parent company
1 parent
ORBIT TICKETS LIMITED
02853184
1 subsidiary
orbit tickets limited directors
Orbit Tickets Limited currently has 1 director, Mr Paul Betesh serving since Jun 1998.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Betesh | England | 56 years | Jun 1998 | - | Director |
P&L
March 2024turnover
848.9k
-7%
operating profit
51.1k
0%
gross margin
39.8%
-2.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
2.7m
+0.02%
total assets
3.2m
+0.05%
cash
677.1k
+0.21%
net assets
Total assets minus all liabilities
orbit tickets limited company details
company number
02853184
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
September 1993
age
32
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
the ticketline network limited (September 2024)
piccadilly ticketline limited (January 2011)
accountant
-
auditor
-
address
3rd floor planetree house, 21-31 oldham street, manchester, M1 1JG
Bank
BARCLAYS BANK PLC
Legal Advisor
-
orbit tickets limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to orbit tickets limited.
orbit tickets limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for ORBIT TICKETS LIMITED. This can take several minutes, an email will notify you when this has completed.
orbit tickets limited Companies House Filings - See Documents
| date | description | view/download |
|---|
