Orca Computing Limited

Orca Computing Ltd, based in London, UK, is a small, active company founded five years ago in 2019. With 28 employees and £4,220,562 in assets, it operates from a real address and is managed by four directors, though there are no officially registered owners. The company regularly imports and exports optical and medical tools and devices, with 126 months of import activity and seven months of export activity recorded.

Orca Computing’s website highlights its focus on photonic quantum computing. It develops full-stack quantum computers to unlock new fields of applications, accelerate innovation, and transform industries. The company’s technology, based on a modular, fibre-interconnected architecture, aims to deliver performance, scalability, and usability for applications like generative machine learning and optimisation. Orca offers both near-term quantum accelerators and long-term, error-corrected computers, partnering with organisations like ParTec AG and the UK’s National Quantum Computing Centre. The company's leadership team includes Professor Ian Walmsley, Richard Murray, and Josh Nunn, who are all recognised experts in their respective fields.

Financially, Orca Computing Ltd's report shows some interesting trends. Cash reserves dropped significantly by 60%, falling to £1,700,000. Current assets also decreased by 35%, down to £1,900,000. Trade debtors increased by 27%, reaching £2,500,000, which could indicate a focus on expanding sales or challenges in collecting payments. The company’s net assets also took a hit, decreasing by 33% to £3,900,000. Bank borrowings surged by 300%, reaching £1,800,000, which suggests the company is leveraging debt to fund its operations. 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 drop in equity raises questions. As a small company, it’s likely exempt from an audit, so the figures are unaudited. The company is doing well, but it needs to watch its cash flow.

Registered in England/Wales under the registration number 12285629, with a registered address at W2 6LA, United Kingdom, London, 30 Eastbourne Terrace, Lower Ground Floor.

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