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Wavemar Electronics Limited

03189808

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

UNIT 1 & 2 COMPASS POINT COMPASS POINT, ENSIGN WAY, SOUTHAMPTON, SO31 4RA
Incorporated 23/04/1996

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 18/04/2026

Due 02/05/2027

On track

Industry

26120
Manufacture of loaded electronic boards

Officers

Michael Vance Calladine

director · Since 10/05/1996

DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Also on 3 other boards

Shaun Ian Calladine

secretary · Since 07/03/2007

ELECTRONICS

BRITISH · Age 40

Also on 2 other boards

Mrs Dorraine Elizabeth Calladine

director · Since 01/06/2010

DIRECTOR

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Mr Michael Vance Calladine

50–75% shares

British · England · Age 68

Unit 1 & 2 Compass Point, Compass Point, Ensign Way, Southampton, SO31 4RA

Notified 06/04/2016

Mrs Dorraine Elizabeth Calladine

25–50% shares

British · England · Age 55

Unit 1 & 2 Compass Point, Compass Point, Ensign Way, Southampton, SO31 4RA

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 12/12/2016Registered 29/12/2016
charge
outstanding

CAPITAL BANK PLC

Created 11/05/2005Registered 14/05/2005
charge
satisfied

MIDLAND BANK PLC

Created 24/07/1996Registered 31/07/1996Satisfied 11/01/2017

CompanyRankvs 95+ SIC 26120 peers
64

Financial strength77th percentile among SIC peers · 19/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.44× · 12/20
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.

Employees13/15 pts

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

Liquidity12/20 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 31/05/2025

Net Worth

£293k

Balance sheet strength

Cash

£103

Cash in the bank

Net Current Assets

£265k

Working capital

Current Assets

£866k

Current Liabilities

£601k

Fixed Assets

£38k

Debtors

£581k

12avg. employees

Tax at Year End

Corp tax£81k
VAT£38k

Director Loans

Company owes directors£27k
Directors owe company£154k

Balance Sheet

Assets less current liabilities£303k
Signed by Mr Michael Calladine 26th November 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.44+£74k£761k
20241.36+£60k£568k
20231.27+£37k
20221.18+£8k£434k
20211.26-£20k£434k
20201.41£1.0M

Derived from filed accounts. Not audited figures.