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Supportwave Ltd

12603179

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

65 LONDON WALL, LONDON, EC2M 5TU
Incorporated 14/05/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Kelvin Wetherill

director · Since 14/05/2020

DIRECTOR

SOUTH AFRICAN · ENGLAND · Age 45

Mr Justin Greyling

director · Since 01/11/2024

CHIEF FINANCIAL OFFICER

BRITISH · ENGLAND · Age 48

Mr Darryn Gary Crawford

director · Since 17/04/2026

BRITISH · ENGLAND · Age 41

Mr James Peter Moore

director · Since 17/04/2026

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Persons with Significant Control

Mr Kelvin Wetherill

25–50% shares
25–50% votes
Appoint directors

South African · England · Age 45

65, London Wall, London, EC2M 5TU

Notified 14/05/2020

Former PSCs

Mr Kelvin Wetheril

Ceased 01/10/2024

CompanyRankvs 19429+ SIC 62090 peers
55

Financial strength95th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength24/25 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.

Liquidity6/20 pts

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

Longevity6/15 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

about areas of estimation, uncertainty and critical judgements in applying accounting policies that have the most significant effect on the amounts recognised in the financial statements. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/05/2025

Net Worth

£446k

Balance sheet strength

Cash

£35k

Cash in the bank

Net Current Assets

-£80k

Working capital

Current Assets

£286k

Current Liabilities

£366k

Fixed Assets

£1.1M

Debtors

£252k

7avg. employees+1

Balance Sheet

Intangible assets£7k
Assets less current liabilities£1.0M
Signed by Mr Justin Greyling 27 March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.78-£2k
20240.86-£257k
202310.35+£522k
202244.07+£182k
202155.00

Derived from filed accounts. Not audited figures.