corbital ltd
corbital ltd Company Information
Company Number
11036509
Next Accounts
Jul 2025
Shareholders
corbett finance limited
soflo limited
Group Structure
View All
Industry
Activities of collection agencies
Registered Address
d b house george baylis court, george baylis way, droitwich, worcestershire, WR9 9RB
Website
www.corbital.co.ukcorbital ltd Estimated Valuation
Pomanda estimates the enterprise value of CORBITAL LTD at £135k based on a Turnover of £126.7k and 1.07x industry multiple (adjusted for size and gross margin).
corbital ltd Estimated Valuation
Pomanda estimates the enterprise value of CORBITAL LTD at £0 based on an EBITDA of £-544 and a 3.9x industry multiple (adjusted for size and gross margin).
corbital ltd Estimated Valuation
Pomanda estimates the enterprise value of CORBITAL LTD at £12.8k based on Net Assets of £4.6k and 2.76x industry multiple (adjusted for liquidity).
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Corbital Ltd Overview
Corbital Ltd is a live company located in droitwich, WR9 9RB with a Companies House number of 11036509. It operates in the activities of collection agencies sector, SIC Code 82911. Founded in October 2017, it's largest shareholder is corbett finance limited with a 50% stake. Corbital Ltd is a young, micro sized company, Pomanda has estimated its turnover at £126.7k with healthy growth in recent years.
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Corbital Ltd Health Check
Pomanda's financial health check has awarded Corbital Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £126.7k, make it smaller than the average company (£7.8m)
- Corbital Ltd
£7.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (-0.2%)
- Corbital Ltd
-0.2% - Industry AVG
Production
with a gross margin of 72.3%, this company has a comparable cost of product (72.3%)
- Corbital Ltd
72.3% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (6.1%)
- Corbital Ltd
6.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (95)
2 - Corbital Ltd
95 - Industry AVG
Pay Structure
on an average salary of £33.2k, the company has an equivalent pay structure (£33.2k)
- Corbital Ltd
£33.2k - Industry AVG
Efficiency
resulting in sales per employee of £63.4k, this is less efficient (£78k)
- Corbital Ltd
£78k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is earlier than average (58 days)
- Corbital Ltd
58 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Corbital Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Corbital Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (27 weeks)
33 weeks - Corbital Ltd
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.4%, this is a higher level of debt than the average (45.4%)
87.4% - Corbital Ltd
45.4% - Industry AVG
CORBITAL LTD financials
Corbital Ltd's latest turnover from October 2023 is estimated at £126.7 thousand and the company has net assets of £4.6 thousand. According to their latest financial statements, Corbital Ltd has 2 employees and maintains cash reserves of £20.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | 2 | 3 | 3 | 3 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | ||||||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | ||||||
| Stock & work in progress | ||||||
| Trade Debtors | 16,053 | 16,344 | 15,711 | 13,942 | 20,797 | 27,529 |
| Group Debtors | ||||||
| Misc Debtors | 800 | |||||
| Cash | 20,570 | 20,646 | 25,893 | 21,781 | 18,357 | 181 |
| misc current assets | ||||||
| total current assets | 36,623 | 36,990 | 41,604 | 36,523 | 39,154 | 27,710 |
| total assets | 36,623 | 36,990 | 41,604 | 36,523 | 39,154 | 27,710 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 180 | 714 | 3,341 | |||
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 32,003 | 32,773 | 37,658 | 32,658 | 35,012 | 23,485 |
| total current liabilities | 32,003 | 32,773 | 37,658 | 32,838 | 35,726 | 26,826 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | ||||||
| total liabilities | 32,003 | 32,773 | 37,658 | 32,838 | 35,726 | 26,826 |
| net assets | 4,620 | 4,217 | 3,946 | 3,685 | 3,428 | 884 |
| total shareholders funds | 4,620 | 4,217 | 3,946 | 3,685 | 3,428 | 884 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | -291 | 633 | 969 | -6,055 | -6,732 | 27,529 |
| Creditors | -180 | -534 | -2,627 | 3,341 | ||
| Accruals and Deferred Income | -770 | -4,885 | 5,000 | -2,354 | 11,527 | 23,485 |
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | ||||||
| Other Short Term Loans | ||||||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -76 | -5,247 | 4,112 | 3,424 | 18,176 | 181 |
| overdraft | ||||||
| change in cash | -76 | -5,247 | 4,112 | 3,424 | 18,176 | 181 |
corbital ltd Credit Report and Business Information
Corbital Ltd Competitor Analysis
Perform a competitor analysis for corbital ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in WR9 area or any other competitors across 12 key performance metrics.
corbital ltd Ownership
CORBITAL LTD group structure
Corbital Ltd has no subsidiary companies.
Ultimate parent company
CORBITAL LTD
11036509
corbital ltd directors
Corbital Ltd currently has 2 directors. The longest serving directors include Mrs Nicole McGrory (Oct 2017) and Mr Peter Ormerod (Oct 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Nicole McGrory | 60 years | Oct 2017 | - | Director | |
| Mr Peter Ormerod | United Kingdom | 67 years | Oct 2017 | - | Director |
P&L
October 2023turnover
126.7k
-15%
operating profit
-544.6
0%
gross margin
72.4%
+5.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
4.6k
+0.1%
total assets
36.6k
-0.01%
cash
20.6k
0%
net assets
Total assets minus all liabilities
corbital ltd company details
company number
11036509
Type
Private limited with Share Capital
industry
82911 - Activities of collection agencies
incorporation date
October 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
ORMEROD RUTTER LIMITED
auditor
-
address
d b house george baylis court, george baylis way, droitwich, worcestershire, WR9 9RB
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
corbital ltd 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 corbital ltd.
corbital ltd 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 CORBITAL LTD. This can take several minutes, an email will notify you when this has completed.
corbital ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
