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Newwaves Solutions Limited

00981523

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

IBEX HOUSE, WEYBRIDGE, KT13 8AH
Incorporated 08/06/1970

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Eric Tancre

director · Since 01/01/2012

AREA DIRECTOR, NORTH EUROPE

BELGIAN · BELGIUM · Age 65

Mr Ian Gaylard Taylor

director · Since 23/09/2016

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 1 other board

Mr Pascal De Jaeger

secretary · Since 01/01/2019

Mr Koen Roger Delphine De Vylder

director · Since 18/05/2021

SENIOR LEGAL COUNSEL

BELGIAN · BELGIUM · Age 47

Mr Hugo Bernard Bouvy

director · Since 01/01/2023

MANAGING DIRECTOR

DUTCH · NETHERLANDS · Age 56

Persons with Significant Control

Deme Group Nv

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm

Haven 1025, Scheldedijk 30, 2070 Zwijndrecht

Reg: 0787829347 · Belgian Trade Registry · Plc

Notified 26/07/2023

CompanyRankvs 9823+ SIC 43999 peers
58

Financial strength91th percentile among SIC peers · 23/25
Employees99th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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9823Newwaves Solutions Limited
68
How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£350k

Balance sheet strength

Cash

—

Cash in the bank

Profit Before Tax

£3.0M

Bottom line earnings

Net Current Assets

£8.6M

Working capital

Current Assets

—

Current Liabilities

£40.5M

Fixed Assets

£1

Debtors

£49.1M

Cost of Sales

£66.0M

Admin Expenses

£2.8M

Profit After Tax

£2.2M

63avg. employees+4

Tax at Year End

Corp tax£244k
Dividends paid£5.0M

People Costs(2021)

Wages & salaries£3.3M
NI contributions£535k

Balance Sheet

Assets less current liabilities£8.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2024—+£0
2023—+£0
2022—+£0
20211.07+£0
20201.27+£0
20191.42+£0
20181.57—

Derived from filed accounts. Not audited figures.