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Wave2 Limited

03920213

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

6 RAYLEIGH CLOSE, BRAINTREE, CM7 9TX
Incorporated 04/02/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities
62012
Business and domestic software development
62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Mr Alan Snelson

director · Since 04/02/2000

DIRECTOR

BRITISH · ENGLAND · Age 50

Clare Snelson

secretary · Since 01/01/2004

COMPANY SECRETARY

BRITISH

Persons with Significant Control

Mr Alan Snelson

75–100% shares

British · England · Age 50

6, Rayleigh Close, Braintree, CM7 9TX

Notified 06/04/2016

CompanyRankvs 4185+ SIC 59200 peers
58

Financial strength74th percentile among SIC peers · 19/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0× · 2/20
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 strength19/25 pts

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

Employees7/15 pts

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

Liquidity2/20 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 28/02/2025

Net Worth

£9k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£20

Working capital

Current Assets

£20

Current Liabilities

£8k

1avg. employees

Balance Sheet

Assets less current liabilities£20
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00+£508
2024Infinity+£486
2023Infinity+£477
20220.00+£554
2021Infinity+£424
20200.02+£430
20190.02

Derived from filed accounts. Not audited figures.