Orbitec Ltd

Orbitec Ltd, based in Derby, UK, is a small, active company founded 21 years ago. With ten employees and £1,755,073 in assets, it’s a well-established player in its sector. The company operates from a real address and is overseen by three directors and two owners. It’s a regular importer of electrical machinery and equipment – 35 months of import activity recorded – and a regular exporter of optical and medical tools and devices, with 23 months of export activity.

The company's website highlights its focus on the orbital welding industry, providing equipment, products, and services. They offer a range of controllers, weld heads, and open arc tools, alongside training, repair, and custom-made solutions. They even offer rental services, a cost-effective option for clients. The website also features insights, including articles and case studies, showcasing their expertise and customer success stories. It’s clear they’re positioning themselves as a trusted partner for businesses needing orbital welding solutions.

Financially, Orbitec Ltd presents a mixed picture. While cash reserves increased by a healthy 8.2% to £1.2 million, current assets also grew by 16% to £1.8 million. However, there’s a noticeable dip in key areas. Property, plant, and equipment saw a 31% decrease in total value, and the number of employees reported has fallen by 40% to just six. Trade debtors have increased significantly, by 42%, suggesting potential challenges in collecting payments. Perhaps the decrease in employees is linked to increased automation or a shift in operational strategy. The company’s small size—meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—helps it remain agile, but the decrease in property and equipment values warrants further investigation. No auditor is mentioned, which is likely due to the company’s status as a small entity.

Registered in England/Wales under the registration number 05052967, with a registered address at DE24 8AJ, Derby, Derbyshire, Unit 40 Royal Scot Road, Pride Park.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.