Supportwave Ltd
12603179
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Kelvin Wetherill
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 peers55
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.78 | -£2k |
| 2024 | 0.86 | -£257k |
| 2023 | 10.35 | +£522k |
| 2022 | 44.07 | +£182k |
| 2021 | 55.00 | — |
Derived from filed accounts. Not audited figures.