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Waves (Gosforth) Ltd

04566394

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

16 BAMBOROUGH COURT, CRAMLINGTON, NE23 7HW
Incorporated 17/10/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96020
Hairdressing and other beauty treatment

Officers

Mr Thomas Edward Monaghan

secretary · Since 23/10/2002

STEWARD

BRITISH · UNITED KINGDOM · Age 79

Also on 3 other boards

Mr Thomas Edward Monaghan

director · Since 23/10/2002

STEWARD

BRITISH · UNITED KINGDOM · Age 79

Also on 3 other boards

Persons with Significant Control

Mr Thomas Edward Monaghan

75–100% shares

British · United Kingdom · Age 79

16 Bamborough Court, Cramlington, NE23 7HW

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 22/06/2003Registered 24/06/2003

CompanyRankvs 31894+ SIC 96020 peers
28

Financial strength7th percentile among SIC peers · 2/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.03× · 2/20
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 strength2/25 pts

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

Employees4/15 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.

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

-£19k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£64k

Working capital

Current Assets

£2k

Current Liabilities

£66k

Fixed Assets

£45k

1avg. employees

Balance Sheet

Assets less current liabilities-£19k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03-£7k
20230.08-£3k
20220.14-£5k
20210.25+£10k
20200.14+£5k
20190.06-£320
20180.02

Derived from filed accounts. Not audited figures.