Orcas Technology Ltd

Orcas Technology Ltd, based in London, UK, is a small, active company established five years ago. It employs a single individual and holds £121,122 in assets, operating from a virtual address shared by 715 other companies. The firm is led by one director and owner, and regularly imports electrical machinery and equipment—a consistent activity spanning six months, with the last import occurring in March 2023.

The company’s activities encompass electrical installation, retail of furniture and lighting, and specialised design services. Its website is currently unavailable, so it's difficult to determine if it operates an e-commerce platform.

Financially, Orcas Technology Ltd presents a mixed picture. Cash reserves increased by 87% to £3,200, but current assets declined by 18% to £120,000. Bank borrowings decreased by 28% to £13,000, and creditors increased significantly by 84% to £52,000. Trade debtors also decreased by 22% to £10,000. Equity grew slightly by 3.3% to £14,000. Net assets liabilities increased by 58% to £66,000. 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 flexible, but the increase in creditors suggests potential cash flow pressures. The accounts are unaudited and prepared under FRS 102, with no auditor mentioned.

It appears that Orcas Technology Ltd is navigating a period of change, with some positive trends offset by rising debts. The company's focus on electrical services and design, combined with its import activities, suggests a diverse business model—though its long-term financial health remains to be seen.

Registered in England/Wales under the registration number 12233643, with a registered address at N15 5EA, England, London, 151 West Green Road.

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