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Wavecrest Associates Limited

04425763

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

11 JENNYS WALK, HAMPSHIRE, GU46 6AU
Incorporated 26/04/2002

Compliance

Last accounts

30/04/2026

total exemption full

Next accounts due

31/01/2028

On track

Confirmation statement

Last: 26/04/2026

Due 10/05/2027

On track

Industry

06100
Extraction of crude petroleum
06200
Extraction of natural gas

Officers

Mr Bruce Lachlan

director · Since 11/07/2002

CHARTERED ENGINEER

BRITISH · ENGLAND · Age 83

Also on 1 other board

Persons with Significant Control

Mr Bruce Lachlan

75–100% shares

British · England · Age 83

11, Jennys Walk, Yateley, GU46 6AU

Notified 26/04/2016

Former PSCs

Mrs Jeanne Rosemary Hilliard

Ceased 09/07/2025

CompanyRankvs 23+ SIC 06100 peers
70

Financial strength87th percentile among SIC peers · 22/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 4.43× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees8/15 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.

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

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s

Key FinancialsYear ending 30/04/2026

Net Worth

£152k

Balance sheet strength

Cash

£72k

Cash in the bank

Net Current Assets

£152k

Working capital

Current Assets

£196k

Current Liabilities

£44k

1avg. employees-1
Signed by Mr B Lachlan,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20264.43+£6k
20254.27+£6k
20243.50-£10k
20233.32—

Derived from filed accounts. Not audited figures.