ORBIT GROUP LIMITED

This company is an industrial and provident society. An industrial and provident society is an organisation that conducts an industry, business or trade, either as a co-operative or for the benefit of the community, and is registered under the Industrial and Provident Societies Act 1965. These organisations do not register documents at Companies House so we do not have the filing history available. They are registered with the Financial Conduct Authority (FCA) and regulated by this body. The Companies Act 2006 requires the name of an industrial and provident society to be included on the registrar of companies’ index of company names.

This shows the max and average number of mortgages for companies with the same SIC code of None Supplied

We have found 2 mortgage charges which are owed to ORBIT GROUP LIMITED

Government spend with ORBIT GROUP LIMITED

How is this useful? The company sells into the government and has the following income from government. This provides an indication of the sources of their revenue. This is unlikely to be a complete picture of their income from government sources since many councils and countries do not disclose this information or do so inconsistently. For example UK central government has a £ 25,000 transaction threshold which means it is possible for significant spend to not be disclosed. Where there are multiple transactions in a month, we consolidate daily transactions to provide an aggregate value for the month - the description will apply to the first transaction and the total may not reflect all spend on the description.

How is this information useful? The business owns or operates from property which has a commercial designation. The company is liable for business rates / property tax liability and so provides an indication on some of the outgoings for the business and therefore the scale of the business. Some councils/authorities publish how long business rates have been paid since so provides an inidcator of how established the business is.

In the UK, the business is unlikely to be paying the number shown. Business rates is a complex system with many reliefs available. Some organisations have exemptions from payment - for example charities. To determine the exact liability, you would need to look at the valuation office report. This list is probably not a complete list of all properties since about 100 of the 443 UK local government councils publish information on business rate liabilities.