orbit news limited

Live EstablishedMicroDeclining

orbit news limited Company Information

Share ORBIT NEWS LIMITED

Company Number

05775464

Shareholders

gary skentelbery

hannah louise skentelbery

Group Structure

View All

Industry

Publishing of newspapers

 

Registered Address

new media centre old road, warrington, WA4 1AT

orbit news limited Estimated Valuation

£191.5k

Pomanda estimates the enterprise value of ORBIT NEWS LIMITED at £191.5k based on a Turnover of £296.5k and 0.65x industry multiple (adjusted for size and gross margin).

orbit news limited Estimated Valuation

£35.6k

Pomanda estimates the enterprise value of ORBIT NEWS LIMITED at £35.6k based on an EBITDA of £9.3k and a 3.82x industry multiple (adjusted for size and gross margin).

orbit news limited Estimated Valuation

£2.1k

Pomanda estimates the enterprise value of ORBIT NEWS LIMITED at £2.1k based on Net Assets of £1.2k and 1.79x industry multiple (adjusted for liquidity).

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Orbit News Limited Overview

Orbit News Limited is a live company located in warrington, WA4 1AT with a Companies House number of 05775464. It operates in the publishing of newspapers sector, SIC Code 58130. Founded in April 2006, it's largest shareholder is gary skentelbery with a 55% stake. Orbit News Limited is a established, micro sized company, Pomanda has estimated its turnover at £296.5k with declining growth in recent years.

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Orbit News Limited Health Check

Pomanda's financial health check has awarded Orbit News Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £296.5k, make it smaller than the average company (£8.8m)

£296.5k - Orbit News Limited

£8.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (1.8%)

-3% - Orbit News Limited

1.8% - Industry AVG

production

Production

with a gross margin of 38.1%, this company has a comparable cost of product (38.1%)

38.1% - Orbit News Limited

38.1% - Industry AVG

profitability

Profitability

an operating margin of -2% make it less profitable than the average company (0.7%)

-2% - Orbit News Limited

0.7% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (108)

6 - Orbit News Limited

108 - Industry AVG

paystructure

Pay Structure

on an average salary of £45.2k, the company has an equivalent pay structure (£45.2k)

£45.2k - Orbit News Limited

£45.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £49.4k, this is less efficient (£99.6k)

£49.4k - Orbit News Limited

£99.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 17 days, this is earlier than average (39 days)

17 days - Orbit News Limited

39 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 25 days, this is close to average (26 days)

25 days - Orbit News Limited

26 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Orbit News Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 23 weeks, this is more cash available to meet short term requirements (13 weeks)

23 weeks - Orbit News Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 98.6%, this is a higher level of debt than the average (41.2%)

98.6% - Orbit News Limited

41.2% - Industry AVG

ORBIT NEWS LIMITED financials

EXPORTms excel logo

Orbit News Limited's latest turnover from June 2024 is estimated at £296.5 thousand and the company has net assets of £1.2 thousand. According to their latest financial statements, Orbit News Limited has 6 employees and maintains cash reserves of £21.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jul 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Mar 2011Mar 2010
Turnover296,452293,959298,088322,788552,422451,283398,698501,167244,664372,825352,954298,042387,997325,084380,169
Other Income Or Grants
Cost Of Sales183,535171,572165,620190,474321,099265,532240,953261,541139,215218,972210,076185,796223,575189,757215,533
Gross Profit112,918122,387132,468132,314231,323185,750157,746239,626105,449153,852142,878112,246164,422135,327164,636
Admin Expenses118,838145,842134,922100,916215,342188,272150,185234,901108,602150,892143,850114,781168,416127,041162,126
Operating Profit-5,920-23,455-2,45431,39815,981-2,5227,5614,725-3,1532,960-972-2,535-3,9948,2862,510
Interest Payable3,0944,1253,3531,5254,7584,575
Interest Receivable1,9553,1991,064662127182065971029414614344
Pre-Tax Profit-7,059-24,382-4,74329,93816,002-2,4952,821170-3,0883,056-870-2,441-3,8488,4292,554
Tax-5,688-3,040-536-32-611-2,360-715
Profit After Tax-7,059-24,382-4,74324,25012,962-2,4952,285138-3,0882,445-870-2,441-3,8486,0691,839
Dividends Paid
Retained Profit-7,059-24,382-4,74324,25012,962-2,4952,285138-3,0882,445-870-2,441-3,8486,0691,839
Employee Costs271,161254,287224,894289,042388,276450,131377,482380,382105,882131,626156,851119,309163,717153,970156,337
Number Of Employees6668101111113454666
EBITDA*9,315-8,22013,13132,47030,39212,16322,33621,31313,45518,11919,12917,63415,57827,77621,642

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jul 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Mar 2011Mar 2010
Tangible Assets1,8103,0454,2804,9057611,1721,8572,6323,1655,7733,2468,8944,2469,41813,104
Intangible Assets47,83461,83475,83489,834103,834117,834131,834145,834159,834173,834187,834201,834215,834229,834243,834
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets49,64464,87980,11494,739104,595119,006133,691148,466162,999179,607191,080210,728220,080239,252256,938
Stock & work in progress
Trade Debtors13,92114,14521,13618,10322,14728,26219,49230,86836,91438,92834,99429,48743,80933,31839,122
Group Debtors
Misc Debtors5906661,1971,1971,1971,3561,7551,8891,947
Cash21,58352,87475,06695,18135,9226,8933556,8588,95317,02021,67718,93718,77339,57017,736
misc current assets1,064
total current assets36,09467,68597,399114,48160,33036,51121,60239,61547,81455,94856,67148,42462,58272,88856,858
total assets85,738132,564177,513209,220164,925155,517155,293188,081210,813235,555247,751259,152282,662312,140313,796
Bank overdraft10,00010,00010,0008,438
Bank loan
Trade Creditors 12,8745,5653,3183,3135,9666,8949,0767,19659,93263,96761,88468,00158,07152,791
Group/Directors Accounts245,304257,840
other short term finances
hp & lease commitments
other current liabilities24,49731,51834,08436,87839,81426,65721,27332,27438,683
total current liabilities47,37147,08347,40248,62939,81432,62328,16741,35045,87959,93263,96761,88468,001303,375310,631
loans12,49922,50032,50041,563146,387
hp & lease commitments
Accruals and Deferred Income
other liabilities24,70654,76065,00881,682112,015122,760124,497164,728172,329182,935195,549210,501
provisions7571,226
total long term liabilities37,20577,26097,508123,245112,015122,760124,497146,387164,728172,329182,935195,549210,5017571,226
total liabilities84,576124,343144,910171,874151,829155,383152,664187,737210,607232,261246,902257,433278,502304,132311,857
net assets1,1628,22132,60337,34613,0961342,6293442063,2948491,7194,1608,0081,939
total shareholders funds1,1628,22132,60337,34613,0961342,6293442063,2948491,7194,1608,0081,939
Jun 2024Jun 2023Jul 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-5,920-23,455-2,45431,39815,981-2,5227,5614,725-3,1532,960-972-2,535-3,9948,2862,510
Depreciation1,2351,2351,5851,0724116857752,5882,6081,1596,1016,1695,5725,4905,132
Amortisation14,00014,00014,00014,00014,00014,00014,00014,00014,00014,00014,00014,00014,00014,000
Tax-5,688-3,040-536-32-611-2,360-715
Stock
Debtors-300-7,5223,033-4,044-6,2748,371-11,510-6,104-673,9345,507-14,32210,491-5,80439,122
Creditors7,3092,24753,313-5,966-928-2,1821,880-52,736-4,0352,083-6,1179,9305,28052,791
Accruals and Deferred Income-7,021-2,566-2,794-2,93613,1575,384-11,001-6,40938,683
Deferred Taxes & Provisions-757-4691,226
Cash flow from operations9,903-1,0177,30931,20340,8178,24820,12722,856-5319,53915,70525,83914,26036,03135,822
Investing Activities
capital expenditure-9608,784-2,055-3,686-453-10,817-400-1,804-276,070
Change in Investments
cash flow from investments-9608,784-2,055-3,686-453-10,817-400-1,804-276,070
Financing Activities
Bank loans
Group/Directors Accounts-245,304-12,536257,840
Other Short Term Loans
Long term loans-10,001-10,000-9,06341,563-146,387146,387
Hire Purchase and Lease Commitments
other long term liabilities-30,054-10,248-16,674-30,333-10,745-1,737124,497-164,728-7,601-10,606-12,614-14,952210,501
share issue100
interest-1,139-926-2,289-1,4592127-4,740-4,55565971029414614344
cash flow from financing-41,194-21,174-28,0269,771-10,724-1,710-26,630-22,896-7,536-10,509-12,512-14,858-34,657-12,393257,984
cash and cash equivalents
cash-31,291-22,192-20,11559,25929,0296,538-6,503-2,095-8,067-4,6572,740164-20,79721,83417,736
overdraft1,5628,438
change in cash-31,291-22,192-21,67750,82129,0296,538-6,503-2,095-8,067-4,6572,740164-20,79721,83417,736

orbit news limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for orbit news limited. Get real-time insights into orbit news limited's credit score, group structure and payment trends.

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Orbit News Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for orbit news limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WA4 area or any other competitors across 12 key performance metrics.

orbit news limited Ownership

ORBIT NEWS LIMITED group structure

Orbit News Limited has no subsidiary companies.

Ultimate parent company

ORBIT NEWS LIMITED

05775464

ORBIT NEWS LIMITED Shareholders

gary skentelbery 55%
hannah louise skentelbery 45%

orbit news limited directors

Orbit News Limited currently has 2 directors. The longest serving directors include Mr Gary Skentelbery (Apr 2006) and Miss Hannah Skentelbery (Jul 2021).

officercountryagestartendrole
Mr Gary SkentelberyEngland61 years Apr 2006- Director
Miss Hannah Skentelbery28 years Jul 2021- Director

P&L

June 2024

turnover

296.5k

+1%

operating profit

-5.9k

0%

gross margin

38.1%

-8.51%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2024

net assets

1.2k

-0.86%

total assets

85.7k

-0.35%

cash

21.6k

-0.59%

net assets

Total assets minus all liabilities

orbit news limited company details

company number

05775464

Type

Private limited with Share Capital

industry

58130 - Publishing of newspapers

incorporation date

April 2006

age

19

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

June 2024

previous names

N/A

accountant

-

auditor

-

address

new media centre old road, warrington, WA4 1AT

Bank

-

Legal Advisor

-

orbit news 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 news limited.

orbit news 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 news limited Companies House Filings - See Documents

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