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Lightwaverf Technology Limited

06303513

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

UNIT 1 A COPPICE LANE, WALSALL, WS9 9AA
Incorporated 05/07/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr John Thomas Shermer

director · Since 05/07/2007

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 2 other boards

Mr Jason Gary Elliott

director · Since 02/07/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 5 other boards

Persons with Significant Control

Lightwaverf Plc

75–100% shares

Birmingham Science Park, Faraday Wharf, Birmingham, B7 4BB

Reg: 06690180 · England And Wales · Plc

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

LIGHTWAVERF PLC

Created 24/03/2020Registered 28/03/2020Satisfied 22/09/2023
Charge
satisfied

FINSTOCK CAPITAL RESEARCH FINANCE LIMITED

Created 01/11/2019Registered 11/11/2019Satisfied 20/02/2020
Charge
satisfied

FINSTOCK CAPITAL LIMITED

Created 06/12/2018Registered 07/12/2018Satisfied 24/10/2019
Charge
satisfied

SANTANDER UK PLC

Created 26/05/2016Registered 27/05/2016Satisfied 07/06/2023
charge
satisfied

ARC TECHNOLOGY CO.,LTD

Created 28/03/2013Registered 13/04/2013Satisfied 23/11/2018
charge
satisfied

ABN AMRO COMMERCIAL FINANCE PLC

Created 18/05/2012Registered 21/05/2012Satisfied 23/11/2018
charge
satisfied

HSBC BANK PLC

Created 17/06/2009Registered 19/06/2009Satisfied 23/11/2018

CompanyRankvs 49240+ SIC 74909 peers
34

Financial strength0th percentile among SIC peers · 0/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.02× · 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 strength0/25 pts

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

Employees2/15 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 31/12/2025

Net Worth

-£20.3M

Balance sheet strength

Cash

£111k

Cash in the bank

Net Current Assets

Working capital

Current Assets

£381k

Current Liabilities

£21.0M

Fixed Assets

£2.5M

Debtors

£203k

0avg. employees

Balance Sheet

Intangible assets£2.4M
Assets less current liabilities£727k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02+£0
20250.02-£376k
20240.01-£222k
20230.35-£400k
20220.02-£1.4M
20210.05

Derived from filed accounts. Not audited figures.