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Wavetrade Limited

03531514

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

EAST DRY DOCK, LOWESTOFT, NR32 2TE
Incorporated 20/03/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr David Simnett Saunders

director · Since 22/09/1999

MARINE ENGINEER

BRITISH · ENGLAND · Age 64

Miss Beverley Luckins

secretary · Since 27/04/2007

SECRETARY

BRITISH · Age 57

Persons with Significant Control

Mr David Simnett Saunders

75–100% shares

British · England · Age 64

East Dry Dock, Lowestoft, NR32 2TE

Notified 06/04/2016

CompanyRankvs 690+ SIC 43999 peers
88

Financial strength97th percentile among SIC peers · 24/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.34× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 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.

Liquidity20/20 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.

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

Key FinancialsYear ending 30/04/2025

Net Worth

£1.8M

Balance sheet strength

Cash

£397k

Cash in the bank

Net Current Assets

£345k

Working capital

Current Assets

£602k

Current Liabilities

£257k

Fixed Assets

£1.9M

Debtors

£200k

8avg. employees

Tax at Year End

Corp tax£30k
VAT£58k

Director Loans

Company owes directors£14k

Balance Sheet

Assets less current liabilities£2.3M
Signed by Mr D Saunders 27 November 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.34+£244k£1.2M
20242.27+£331k£60
20231.36+£257k—
20222.03+£82k£932k
20211.97—£792k

Derived from filed accounts. Not audited figures.