orbit investments (northern) limited Company Information
Company Number
03206207
Next Accounts
Jan 2025
Industry
Development of building projects
Buying and selling of own real estate
Shareholders
emerson developments (holdings) ltd
Group Structure
View All
Contact
Registered Address
emerson house, heyes lane, alderley edge, cheshire, SK9 7LF
Website
www.orbit-developments.co.ukorbit investments (northern) limited Estimated Valuation
Pomanda estimates the enterprise value of ORBIT INVESTMENTS (NORTHERN) LIMITED at £66.3m based on a Turnover of £19.2m and 3.45x industry multiple (adjusted for size and gross margin).
orbit investments (northern) limited Estimated Valuation
Pomanda estimates the enterprise value of ORBIT INVESTMENTS (NORTHERN) LIMITED at £0 based on an EBITDA of £-12.1m and a 9.26x industry multiple (adjusted for size and gross margin).
orbit investments (northern) limited Estimated Valuation
Pomanda estimates the enterprise value of ORBIT INVESTMENTS (NORTHERN) LIMITED at £325.3m based on Net Assets of £194.3m and 1.67x industry multiple (adjusted for liquidity).
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Orbit Investments (northern) Limited Overview
Orbit Investments (northern) Limited is a live company located in alderley edge, SK9 7LF with a Companies House number of 03206207. It operates in the development of building projects sector, SIC Code 41100. Founded in May 1996, it's largest shareholder is emerson developments (holdings) ltd with a 100% stake. Orbit Investments (northern) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £19.2m with declining growth in recent years.
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Orbit Investments (northern) Limited Health Check
Pomanda's financial health check has awarded Orbit Investments (Northern) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £19.2m, make it larger than the average company (£1m)
£19.2m - Orbit Investments (northern) Limited
£1m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (2.6%)
-1% - Orbit Investments (northern) Limited
2.6% - Industry AVG
Production
with a gross margin of 59.5%, this company has a comparable cost of product (59.5%)
59.5% - Orbit Investments (northern) Limited
59.5% - Industry AVG
Profitability
an operating margin of -62.9% make it less profitable than the average company (18.3%)
-62.9% - Orbit Investments (northern) Limited
18.3% - Industry AVG
Employees
with 120 employees, this is above the industry average (5)
- Orbit Investments (northern) Limited
5 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Orbit Investments (northern) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £160.2k, this is equally as efficient (£185.4k)
- Orbit Investments (northern) Limited
£185.4k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (35 days)
3 days - Orbit Investments (northern) Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (33 days)
6 days - Orbit Investments (northern) Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Orbit Investments (northern) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 118 weeks, this is more cash available to meet short term requirements (21 weeks)
118 weeks - Orbit Investments (northern) Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.5%, this is a lower level of debt than the average (64.6%)
46.5% - Orbit Investments (northern) Limited
64.6% - Industry AVG
ORBIT INVESTMENTS (NORTHERN) LIMITED financials
Orbit Investments (Northern) Limited's latest turnover from April 2023 is £19.2 million and the company has net assets of £194.3 million. According to their latest financial statements, we estimate that Orbit Investments (Northern) Limited has 120 employees and maintains cash reserves of £59.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 19,220,182 | 19,461,898 | 17,485,690 | 19,704,701 | 19,431,104 | 19,054,001 | 18,358,541 | 17,837,882 | 17,149,366 | 17,134,628 | 17,342,046 | 17,517,489 | 16,866,555 | 16,901,408 |
Other Income Or Grants | 0 | 0 | ||||||||||||
Cost Of Sales | 0 | -807 | ||||||||||||
Gross Profit | 16,866,555 | 16,902,215 | ||||||||||||
Admin Expenses | 2,903,210 | 3,457,124 | ||||||||||||
Operating Profit | -12,097,916 | 18,130,359 | -26,346,763 | 8,781,097 | 8,593,006 | 14,996,321 | 8,121,576 | 14,667,781 | 35,354,950 | 14,416,125 | 14,490,028 | 14,014,599 | 13,963,345 | 13,445,091 |
Interest Payable | 5,506,871 | 5,643,000 | 5,787,906 | 5,917,881 | 6,062,178 | 6,096,585 | 5,816,830 | 7,100,035 | 6,396,751 | 5,835,116 | 5,913,083 | 5,360,493 | 3,902,689 | 2,763,295 |
Interest Receivable | 369,132 | 149,213 | 238,588 | 363,816 | 318,919 | 213,914 | 262,627 | 368,656 | 668,156 | 1,055,047 | 1,564,847 | 1,924,316 | 2,203,983 | 1,678,509 |
Pre-Tax Profit | -17,235,655 | 12,636,572 | -31,896,081 | 3,227,032 | 2,849,747 | 9,113,650 | 2,567,373 | 7,936,402 | 29,626,355 | 4,636,056 | 10,107,270 | 11,531,362 | 186,204 | 10,347,003 |
Tax | 4,396,333 | -9,694,415 | 6,054,434 | -3,996,125 | -728,812 | -1,103,450 | 1,897,920 | 2,584,979 | -4,054,191 | -1,034,750 | -2,391,080 | -2,981,142 | -2,052,673 | -2,883,172 |
Profit After Tax | -12,839,322 | 2,942,157 | -25,841,647 | -769,093 | 2,120,935 | 8,010,200 | 4,465,293 | 10,521,381 | 25,572,164 | 3,601,306 | 7,716,190 | 8,550,220 | -1,866,469 | 7,463,831 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,000,000 | 4,500,000 | 0 | 0 | 5,000,000 |
Retained Profit | -12,839,322 | 2,942,157 | -25,841,647 | -769,093 | 2,120,935 | 8,010,200 | 4,465,293 | 10,521,381 | 25,572,164 | -1,398,694 | 3,216,190 | 8,550,220 | -1,866,469 | 2,463,831 |
Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Number Of Employees | ||||||||||||||
EBITDA* | -12,097,916 | 18,130,359 | -26,346,763 | 8,781,097 | 8,593,006 | 14,996,321 | 8,121,576 | 14,667,781 | 35,354,950 | 14,416,125 | 14,490,028 | 14,014,599 | 13,963,345 | 13,445,091 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 244,050,422 | 271,311,512 | 255,590,784 | 295,274,083 | 301,770,928 | 309,636,726 | 307,679,882 | 314,979,251 | 315,365,822 | 294,333,437 | 293,690,497 | 292,873,824 | 289,384,893 | 279,728,291 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 244,050,422 | 271,311,512 | 255,590,784 | 295,274,083 | 301,770,928 | 309,636,726 | 307,679,882 | 314,979,251 | 315,365,822 | 294,333,437 | 293,690,497 | 292,873,824 | 289,384,893 | 279,728,291 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 182,405 | 770,183 | 988,127 | 1,286,267 | 826,099 | 146,241 | 62,591 | 11,912 | 0 | 0 | 0 | 0 | 0 | 0 |
Group Debtors | 54,192,109 | 56,150,135 | 55,981,523 | 55,981,523 | 51,981,523 | 51,981,523 | 51,981,523 | 52,107,623 | 51,641,813 | 110,740,082 | 107,733,765 | 113,366,736 | 67,496,028 | 77,881,829 |
Misc Debtors | 5,348,565 | 4,345,643 | 4,415,401 | 4,306,634 | 5,169,833 | 5,068,829 | 2,183,624 | 1,650,576 | 1,250,793 | 1,755,070 | 1,999,743 | 2,516,713 | 4,958,704 | 7,298,799 |
Cash | 59,619,297 | 52,591,980 | 44,650,150 | 41,669,656 | 40,869,258 | 40,337,922 | 27,947,012 | 21,891,663 | 21,039,114 | 13,579,455 | 14,044,190 | 12,068,498 | 13,828,058 | 7,595,980 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 119,342,376 | 113,857,941 | 106,035,201 | 103,244,080 | 98,846,713 | 97,534,515 | 82,174,750 | 75,661,774 | 73,931,720 | 126,074,607 | 123,777,698 | 127,951,947 | 86,282,790 | 92,776,608 |
total assets | 363,392,798 | 385,169,453 | 361,625,985 | 398,518,163 | 400,617,641 | 407,171,241 | 389,854,632 | 390,641,025 | 389,297,542 | 420,408,044 | 417,468,195 | 420,825,771 | 375,667,683 | 372,504,899 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,473,294 | 2,366,547 | 35,656,353 | 626,717 | 31,417,875 | 9,280,167 | 44,086,451 |
Bank loan | 3,664,745 | 3,506,747 | 3,355,569 | 3,210,917 | 3,072,509 | 2,940,075 | 2,584,870 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 144,616 | 66,220 | 13,888 | 44,310 | 7,361 | 111,317 | 23,743 | 20,975 | 40,638 | 69,470 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 13,731,259 | 13,710,922 | 1,114,312 | 317,214 | 483,593 | 936,207 | 414,068 | 9,244 | 501,499 | 501,073 | 2,240,672 | 4,322,496 | 3,496,266 | 14,298,677 |
other short term finances | 0 | 0 | 0 | 0 | 327,949 | 1,721,135 | 3,131,868 | 4,600,000 | 4,850,000 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 8,650,721 | 8,046,153 | 4,599,822 | 5,723,894 | 5,716,493 | 8,236,932 | 6,355,660 | 4,207,072 | 6,082,652 | 5,229,287 | 3,808,759 | 4,021,744 | 3,718,156 | 3,373,964 |
total current liabilities | 26,191,341 | 25,330,042 | 9,083,591 | 9,296,335 | 9,607,905 | 13,945,666 | 12,510,209 | 11,310,585 | 13,841,336 | 41,456,183 | 6,676,148 | 39,762,115 | 16,494,589 | 61,759,092 |
loans | 118,280,220 | 121,875,261 | 125,312,553 | 128,599,004 | 131,741,065 | 134,745,381 | 125,953,908 | 128,479,315 | 130,892,943 | 157,225,494 | 192,881,846 | 167,253,043 | 157,311,384 | 113,365,153 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 24,623,269 | 30,826,860 | 23,034,708 | 30,586,044 | 28,462,798 | 29,795,256 | 30,715,777 | 34,641,680 | 38,875,199 | 5,000,000 | 0 | 0 | 0 | 0 |
total long term liabilities | 142,903,489 | 152,702,121 | 148,347,261 | 159,185,048 | 160,203,863 | 164,540,637 | 156,669,685 | 163,120,995 | 169,768,142 | 162,225,494 | 192,881,846 | 167,253,043 | 157,311,384 | 113,365,153 |
total liabilities | 169,094,830 | 178,032,163 | 157,430,852 | 168,481,383 | 169,811,768 | 178,486,303 | 169,179,894 | 174,431,580 | 183,609,478 | 203,681,677 | 199,557,994 | 207,015,158 | 173,805,973 | 175,124,245 |
net assets | 194,297,968 | 207,137,290 | 204,195,133 | 230,036,780 | 230,805,873 | 228,684,938 | 220,674,738 | 216,209,445 | 205,688,064 | 216,726,367 | 217,910,201 | 213,810,613 | 201,861,710 | 197,380,654 |
total shareholders funds | 194,297,968 | 207,137,290 | 204,195,133 | 230,036,780 | 230,805,873 | 228,684,938 | 220,674,738 | 216,209,445 | 205,688,064 | 216,726,367 | 217,910,201 | 213,810,613 | 201,861,710 | 197,380,654 |
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | -12,097,916 | 18,130,359 | -26,346,763 | 8,781,097 | 8,593,006 | 14,996,321 | 8,121,576 | 14,667,781 | 35,354,950 | 14,416,125 | 14,490,028 | 14,014,599 | 13,963,345 | 13,445,091 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 4,396,333 | -9,694,415 | 6,054,434 | -3,996,125 | -728,812 | -1,103,450 | 1,897,920 | 2,584,979 | -4,054,191 | -1,034,750 | -2,391,080 | -2,981,142 | -2,052,673 | -2,883,172 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -1,542,882 | -119,090 | -189,373 | 3,596,969 | 780,862 | 2,968,855 | 457,627 | 877,505 | -59,602,546 | 2,761,644 | -6,149,941 | 43,428,717 | -12,725,896 | 85,180,628 |
Creditors | 78,396 | 52,332 | -30,422 | 36,949 | -103,956 | 87,574 | 2,768 | -19,663 | -28,832 | 69,470 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 604,568 | 3,446,331 | -1,124,072 | 7,401 | -2,520,439 | 1,881,272 | 2,148,588 | -1,875,580 | 853,365 | 1,420,528 | -212,985 | 303,588 | 344,192 | 3,373,964 |
Deferred Taxes & Provisions | -6,203,591 | 7,792,152 | -7,551,336 | 2,123,246 | -1,332,458 | -920,521 | -3,925,903 | -4,233,519 | 33,875,199 | 5,000,000 | 0 | 0 | 0 | 0 |
Cash flow from operations | -11,679,328 | 19,845,849 | -28,808,786 | 3,355,599 | 3,126,479 | 11,972,341 | 7,787,322 | 10,246,493 | 125,603,037 | 17,109,729 | 18,035,904 | -32,091,672 | 24,980,760 | -71,244,745 |
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | -27,261,090 | 15,720,728 | -39,683,299 | -6,496,845 | -7,865,798 | 1,956,844 | -7,299,369 | -386,571 | 21,032,385 | 642,940 | 816,673 | 3,488,931 | 9,656,602 | 279,728,291 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 157,998 | 151,178 | 144,652 | 138,408 | 132,434 | 355,205 | 2,584,870 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 20,337 | 12,596,610 | 797,098 | -166,379 | -452,614 | 522,139 | 404,824 | -492,255 | 426 | -1,739,599 | -2,081,824 | 826,230 | -10,802,411 | 14,298,677 |
Other Short Term Loans | 0 | 0 | 0 | -327,949 | -1,393,186 | -1,410,733 | -1,468,132 | -250,000 | 4,850,000 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -3,595,041 | -3,437,292 | -3,286,451 | -3,142,061 | -3,004,316 | 8,791,473 | -2,525,407 | -2,413,628 | -26,332,551 | -35,656,352 | 25,628,803 | 9,941,659 | 43,946,231 | 113,365,153 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | -5,137,739 | -5,493,787 | -5,549,318 | -5,554,065 | -5,743,259 | -5,882,671 | -5,554,203 | -6,731,379 | -5,728,595 | -4,780,069 | -4,348,236 | -3,436,177 | -1,698,706 | -1,084,786 |
cash flow from financing | -8,554,445 | 3,816,709 | -7,894,019 | -9,052,046 | -10,460,941 | 2,375,413 | -6,558,048 | -9,887,262 | -63,821,187 | -41,961,160 | 20,082,141 | 10,730,395 | 37,792,639 | 321,495,867 |
cash and cash equivalents | ||||||||||||||
cash | 7,027,317 | 7,941,830 | 2,980,494 | 800,398 | 531,336 | 12,390,910 | 6,055,349 | 852,549 | 7,459,659 | -464,735 | 1,975,692 | -1,759,560 | 6,232,078 | 7,595,980 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -2,473,294 | 106,747 | -33,289,806 | 35,029,636 | -30,791,158 | 22,137,708 | -34,806,284 | 44,086,451 |
change in cash | 7,027,317 | 7,941,830 | 2,980,494 | 800,398 | 531,336 | 12,390,910 | 8,528,643 | 745,802 | 40,749,465 | -35,494,371 | 32,766,850 | -23,897,268 | 41,038,362 | -36,490,471 |
orbit investments (northern) limited Credit Report and Business Information
Orbit Investments (northern) Limited Competitor Analysis
Perform a competitor analysis for orbit investments (northern) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in SK9 area or any other competitors across 12 key performance metrics.
orbit investments (northern) limited Ownership
ORBIT INVESTMENTS (NORTHERN) LIMITED group structure
Orbit Investments (Northern) Limited has 3 subsidiary companies.
Ultimate parent company
1 parent
ORBIT INVESTMENTS (NORTHERN) LIMITED
03206207
3 subsidiaries
orbit investments (northern) limited directors
Orbit Investments (Northern) Limited currently has 6 directors. The longest serving directors include Mr Peter Jones (May 1996) and Mr Anthony Jones (Nov 2002).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Peter Jones | 89 years | May 1996 | - | Director | |
Mr Anthony Jones | 57 years | Nov 2002 | - | Director | |
Mr Giles Hardern | 57 years | Mar 2006 | - | Director | |
Mr Mark Royle | 60 years | Mar 2006 | - | Director | |
Mr Robert Hallworth | 56 years | Dec 2016 | - | Director | |
Mr Simon Wilson | 61 years | Sep 2020 | - | Director |
P&L
April 2023turnover
19.2m
-1%
operating profit
-12.1m
-167%
gross margin
59.6%
-0.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
194.3m
-0.06%
total assets
363.4m
-0.06%
cash
59.6m
+0.13%
net assets
Total assets minus all liabilities
orbit investments (northern) limited company details
company number
03206207
Type
Private limited with Share Capital
industry
41100 - Development of building projects
68100 - Buying and selling of own real estate
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
May 1996
age
28
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
April 2023
previous names
orbit investments (bolton) limited (June 1996)
accountant
-
auditor
BDO LLP
address
emerson house, heyes lane, alderley edge, cheshire, SK9 7LF
Bank
-
Legal Advisor
-
orbit investments (northern) 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 found 19 charges/mortgages relating to orbit investments (northern) limited. Currently there are 11 open charges and 8 have been satisfied in the past.
orbit investments (northern) 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.
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orbit investments (northern) limited Companies House Filings - See Documents
date | description | view/download |
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