Orion Technology Ltd

Orion Technology Ltd is a small, active company based in London, UK, founded nine years ago in January 2016. With £37,035 in assets and a virtual address shared by 167 other companies, it’s a solo-founded operation run by a single director and owner, Pajak Michal. The company operates in a diverse range of industries, including electricity trade, online retail, engineering activities, and professional services.

The company’s website showcases a focus on advanced technology solutions, particularly in artificial intelligence, unmanned systems, and augmented reality. They offer a range of wearable computers, nano UASs, and AI-powered systems designed for military and commercial applications. The site highlights innovation, agility, and a commitment to delivering end-to-end solutions for mission-critical requirements. The company's products include the Orion AIM Artificial Intelligence Mission wearable computer system, the Orion AiTN artificial intelligence tactical network wearable, and a variety of unmanned aerial systems (UASs) and unmanned ground vehicles (UGVs).

Financially, Orion Technology Ltd shows a mixed picture. Current assets increased by 75% to £37,000, while debtors rose significantly by 78% to £35,000. Equity, however, decreased by 22% to -£38,000, and net losses deepened. Bank borrowings remained steady at £560. 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 decline in equity suggests potential financial pressures. There is no auditor mentioned, likely due to the company's exemption as a small entity.

Overall, Orion Technology Ltd appears to be a technology-focused startup navigating the challenges of growth. While its innovative product offerings and website presence are promising, the financial data indicate a need for careful management and a focus on profitability. The company’s reliance on a single founder and owner may also present a risk, but its agility could be an advantage in the rapidly evolving technology sector.

Registered in England/Wales under the registration number 09975785, with a registered address at W1W 5PF, England, London, 5th Floor 167-169 Great Portland Street.

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