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Wave It Solutions Limited

06193070

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

48 GLAZIERS LANE, GUILDFORD, GU3 2DG
Incorporated 29/03/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Briony Louise Howarth

secretary · Since 29/03/2007

BRITISH

Mr Paul John Howarth

director · Since 29/03/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 1 other board

Persons with Significant Control

Mr Paul John Howarth

25–50% shares

British · United Kingdom · Age 45

48, Glaziers Lane, Guildford, GU3 2DG

Notified 29/03/2017

Mrs Briony Louise Howarth

25–50% shares

British · England · Age 42

48, Glaziers Lane, Guildford, GU3 2DG

Notified 29/03/2017

CompanyRankvs 8569+ SIC 62020 peers
77

Financial strength87th percentile among SIC peers · 22/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 2.93× · 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 strength22/25 pts

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

Employees5/15 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 31/03/2025

Net Worth

£100k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£78k

Working capital

Current Assets

£117k

Current Liabilities

£40k

Fixed Assets

£53k

1avg. employees

Balance Sheet

Assets less current liabilities£131k
Signed by Mr Paul Howarth 30/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.93+£5k
20243.58+£16k
20233.77+£16k
20220.97-£2k
20212.26+£33k
20201.37+£41k
2019-1.32

Derived from filed accounts. Not audited figures.