Retail Orbit Ltd

Retail Orbit Ltd is a small, active company based in Bradford, UK, founded three years ago in 2021. With just one employee and £3,562 in assets, it operates from a virtual address, a common sign that the company is small and may be run from home. Usman Mohammad is both the director and owner of this solo-founded venture. The company's core business revolves around retail sales via mail order and internet, catering to a niche market.

The company’s website, Orbit Developments, is a commercial property specialist. It doesn’t appear to be directly related to Retail Orbit Ltd’s retail operations. Orbit Developments boasts a large portfolio of commercial properties across the North West, including offices, industrial spaces, and retail schemes. It even hosts events like wellbeing classes and food trucks for its tenants, demonstrating a focus on customer engagement. The site is well-maintained and professionally presented, suggesting a well-established business.

Financially, Retail Orbit Ltd’s recent performance paints a mixed picture. Cash reserves have increased significantly by 160% to £2,600, which is a positive sign. However, net assets have decreased by 12% to -£1,700, and the company’s bank borrowings have increased by 27% to £5,300. The number of employees has dropped to zero, which could indicate a shift in operational strategy. Creditors have also increased by 27% to £5,300. The company is exempt from an audit, meaning the figures are unaudited.

Overall, Retail Orbit Ltd seems to be navigating a period of change. While cash flow has improved, the negative equity and rising debt suggest the company is burning through money. Whether this is a temporary setback or a longer-term trend remains to be seen, but the company’s focus on online retail and its solo founder model will likely influence its future trajectory.

Registered in England/Wales under the registration number 13360388, with a registered address at BD7 1AD, England, Bradford, 14 Southbrook Terrace.

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