Back to search

Ecowave Limited

09042672

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

OFFICE 3 SWAN PARK BUSINESS CENTRE, TAMWORTH, B77 1AG
Incorporated 15/05/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

61900
Other telecommunications activities
68209
Other letting and operating of own or leased real estate

Officers

Mr Stephen Samuel Palin

director · Since 15/05/2014

ELECTRICAL

BRITISH · ENGLAND · Age 60

Mrs Yvonne Emily Palin

director · Since 16/05/2025

DIRECTOR

BRITISH · ENGLAND · Age 65

Persons with Significant Control

Mr Stephen Samuel Palin

Significant control

British · England · Age 60

2, Milverton Road, Solihull, B93 0HY

Notified 01/05/2016

Charges3 outstanding

Charge
outstanding

INTERBAY FUNDING, LTD. (REGISTRATION NUMBER: 05595882)

Created 03/10/2025Registered 08/10/2025
Charge
outstanding

INTERBAY FUNDING, LTD

Created 03/10/2025Registered 06/10/2025
Charge
outstanding

YORKSHIRE BUILDING SOCIETY TRADING AS NORWICH & PETERBOROUGH BUILDING SOCIETY

Created 11/12/2017Registered 13/12/2017

CompanyRankvs 4138+ SIC 61900 peers
44

Financial strength79th percentile among SIC peers · 20/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength20/25 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.

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.

Longevity12/15 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 31/05/2025

Net Worth

£61k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£47k

Working capital

Current Assets

£4k

Current Liabilities

£51k

Fixed Assets

£171k

1avg. employees

Balance Sheet

Assets less current liabilities£124k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.08+£0
20250.08+£4k
20240.32+£25k
20230.29+£19k
20220.17
20210.02
20200.02-£2k
20190.01

Derived from filed accounts. Not audited figures.