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Ultrawave Limited

02558071

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

UNIT15, EASTGATE BUSINESS PARK, CARDIFF, CF3 2EY
Incorporated 14/11/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27900
Manufacture of other electrical equipment

Officers

Mr Andrew Malcolm Beresford

secretary · Since 29/05/2003

FINANCE MANAGER

BRITISH · WALES · Age 65

Also on 9 other boards

Ian Paul Corp

director · Since 01/06/2003

ELECTRICAL ENGINEER

BRITISH · WALES · Age 65

Mr Andrew Malcolm Beresford

director · Since 01/01/2008

ACCOUNTANT

BRITISH · WALES · Age 65

Also on 9 other boards

M/S Nicola Ann Watkins

director · Since 02/01/2014

HR PROFESSIONAL

BRITISH · WALES · Age 57

Also on 2 other boards

Mr Kevin Davies

director · Since 20/01/2017

DIRECTOR

BRITISH · WALES · Age 58

Also on 2 other boards

Persons with Significant Control

Minerva Laboratories Ltd

75–100% shares

13, Eastgate Business Park, Cardiff, CF3 2EY

Notified 21/01/2017

Former PSCs

Mr John Alistair Taylor Melville

Ceased 20/01/2017

Mr Andrew Malcolm Beresford

Ceased 30/06/2023

Mr Ian Paul Corp

Ceased 30/06/2023

M/S Nicola Ann Watkins

Ceased 30/06/2023

Charges3 outstanding

Charge
satisfied

HYGEA HOLDINGS LIMITED

Created 20/01/2017Registered 10/02/2017Satisfied 11/12/2025
Charge
satisfied

FINANCE WALES INVESTMENTS (12) LIMITED

Created 20/01/2017Registered 23/01/2017Satisfied 11/12/2025
charge
outstanding

HSBC BANK PLC

Created 01/10/2004Registered 08/10/2004
charge
outstanding

HSBC BANK PLC

Created 28/06/2004Registered 07/07/2004
charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED (THE SECURITY HOLDER)

Created 30/06/2004Registered 01/07/2004
charge
satisfied

LLOYDS TSB BANK PLC

Created 24/01/2000Registered 27/01/2000Satisfied 24/06/2004
charge
satisfied

MIDLAND BANK PLC

Created 30/07/1992Registered 13/08/1992Satisfied 13/12/2001

CompanyRankvs 879+ SIC 27900 peers
53

Financial strength77th percentile among SIC peers · 19/25
Employees90th percentile among SIC peers · 14/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

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

Employees14/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2024

Net Worth

£337k

Balance sheet strength

Cash

£74k

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£753k

Fixed Assets

£46k

Debtors

£715k

19avg. employees+2

Tax at Year End

Corp tax£32k

Balance Sheet

Assets less current liabilities£576k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2024-£22k
2023+£210k
20221.08+£76k
20211.02

Derived from filed accounts. Not audited figures.