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Sanwave Ltd

08046204

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

848 CHESTER ROAD, BIRMINGHAM, B24 0EH
Incorporated 26/04/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

61900
Other telecommunications activities
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Surinder Sandhu

director · Since 26/04/2012

TELECOMS ENGINEER

BRITISH · ENGLAND · Age 61

Also on 1 other board

Mrs Satya Sandhu

secretary · Since 01/07/2013

Persons with Significant Control

Mr Surinder Sandhu

75–100% shares

British · England · Age 61

Unit 1, 1 Arden Court, Arden Road, Alcester, B49 6HN

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

ALDERMORE BANK PLC

Created 06/05/2025Registered 08/05/2025

CompanyRankvs 1313+ SIC 61900 peers
63

Financial strength75th percentile among SIC peers · 19/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 43.11× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

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.

Longevity14/15 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 30/04/2025

Net Worth

£39k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£33k

Working capital

Current Assets

£34k

Current Liabilities

£786

Fixed Assets

£6k

1avg. employees

Balance Sheet

Assets less current liabilities£39k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
202543.11-£3k
20246.90+£17k
20236.07+£16k
20224.83+£3k
20214.80+£185
20203.82+£4k
20191.81
20181.89

Derived from filed accounts. Not audited figures.