The Firmwatch take
Orbit Itech Limited is a 13-year-old information technology, active on the Companies House register. The latest filed accounts (year to 31 August 2025) show £43k in net assets, with no distress signals detected. No insolvency or strike-off filings appear in our public Companies House and Gazette data.
Auto-generated from filings·Refreshed 24 May 2026
Pulse · Net assets, 2024–2025
↘ £5kIncorporated
13 August 2012
13 years on the register
Sector
Business and domestic software development
SIC 62012
Size
Not classified
Net assets
£43k
£42,889
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Analytics
Risk, value and sector comparison
Insolvency risk
14/100
low risk
Estimated public-data value
£32,167 - £57,900
medium confidence - net asset range
Sector comparison
Sector: Information Technology
Sample: 72,434 companies
Negative net assets: 16.7%
- Net assets vs sector median
- £41,341
- Working capital vs sector median
- -£2,471
- Sector median current ratio
- 1.52
Positive net assets
The latest extracted accounts show assets exceeding liabilities.
Limited working capital
The short-term asset buffer is positive but small.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee. See methodology.
Balance sheet
Full extracted balance sheet
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
£27,478
Current liabilities
Amounts due within one year (short-term creditors).
£24,868
Working capital
Current assets minus current liabilities.
£2,610
Fixed assets
Long-term tangible and intangible assets.
£40,279
Total assets less current liabilities
Fixed assets plus working capital.
£42,889
Net assets
What's left after liabilities are deducted from assets.
£42,889
Equity (capital & reserves)
Shareholder funds.
£1,000
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.