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Smartwave Ltd

10523707

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

33 HIGHWAY ROAD, LEICESTER, LE5 5RD
Incorporated 13/12/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation
47910
Retail sale via mail order houses or via Internet

Officers

Mrs Hanwa Shafqat

director · Since 13/12/2016

NONE

BRITISH · UNITED KINGDOM · Age 51

Mr Mohammed Shafqat

director · Since 13/12/2016

ENGINEER

BRITISH · UNITED KINGDOM · Age 55

Persons with Significant Control

Mrs Hanwa Shafqat

25–50% shares

British · United Kingdom · Age 51

33, Highway Road, Leicester, LE5 5RD

Notified 13/12/2016

Mr Mohammed Shafqat

25–50% shares

British · United Kingdom · Age 55

33, Highway Road, Leicester, LE5 5RD

Notified 13/12/2016

CompanyRankvs 8348+ SIC 43210 peers
74

Financial strength77th percentile among SIC peers · 19/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.77× · 16/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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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.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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 31/12/2024

Net Worth

£44k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£39k

Working capital

Current Assets

£90k

Current Liabilities

£51k

Fixed Assets

£5k

8avg. employees+2

Balance Sheet

Assets less current liabilities£44k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.77-£15k
20231.92+£9k
20211.85+£31k
20203.03-£3k
20191.50+£2k
20181.36

Derived from filed accounts. Not audited figures.