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New Wave Properties Limited

11089561

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

7 TY NANT COURT, CARDIFF, CF15 8LW
Incorporated 30/11/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Toby Paul Bedford

director · Since 30/11/2017

MANAGING DIRECTOR

BRITISH · WALES · Age 40

Mr Richard John Phillips

director · Since 30/11/2017

MANAGING DIRECTOR

BRITISH · WALES · Age 40

Also on 2 other boards

Persons with Significant Control

Mr Richard John Phillips

25–50% shares
25–50% votes

British · Wales · Age 40

7 Ty Nant Court, Morganstown, Cardiff, CF15 8LW

Notified 30/11/2017

Former PSCs

Deborah Susan Phillips

Ceased 09/06/2025

Mrs Elizabeth Laura Bedford

Ceased 01/12/2017

Charges1 outstanding

Charge
outstanding

ALDERMORE BANK PLC

Created 19/01/2026Registered 19/01/2026
Charge
satisfied

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 28/11/2023Registered 28/11/2023Satisfied 12/03/2026
Charge
satisfied

PARATUS AMC LIMITED

Created 22/01/2019Registered 28/01/2019Satisfied 25/03/2024

CompanyRankvs 220886+ SIC 68209 peers
25

Financial strength22th percentile among SIC peers · 6/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.38× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength6/25 pts

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

Employees3/15 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.

Longevity9/15 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 30/11/2024

Net Worth

-£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£8k

Current Liabilities

£20k

Fixed Assets

£104k

0avg. employees

Balance Sheet

Assets less current liabilities£91k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.38+£3k
20230.50-£732
20220.36+£350
20210.15-£687
20200.11+£527
20190.06
20180.96

Derived from filed accounts. Not audited figures.