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Cubic Wave Ltd

11681622

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

17 DIGBY CLOSE, LUTON, LU4 8FA
Incorporated 16/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production

Officers

Mr Haisam Badawy

director · Since 16/11/2018

SELF EMPLOYED

ITALIAN · UNITED KINGDOM · Age 37

Persons with Significant Control

Mr Haisam Badawy

75–100% shares

Italian · United Kingdom · Age 37

17, Digby Close, Luton, LU4 8FA

Notified 16/11/2018

CompanyRankvs 5767+ SIC 71121 peers
41

Financial strength42th percentile among SIC peers · 11/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength11/25 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.

Longevity8/15 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 30/11/2024

Net Worth

£763

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£773

Working capital

Current Assets

£38

Current Liabilities

£811

1avg. employees

Balance Sheet

Assets less current liabilities£763
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20240.05
20230.05
20220.49

Derived from filed accounts. Not audited figures.