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Wavecon Ltd

12805114

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

UNITS 19 & 20 WAPPING PARK, PETERLEE, SR8 2FD
Incorporated 11/08/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27900
Manufacture of other electrical equipment

Officers

Mr Wayne Pullen

director · Since 11/08/2020

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 48

Also on 2 other boards

Mr David Stout

director · Since 11/08/2020

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Mr David Stout

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

British · United Kingdom · Age 51

Units 19 & 20, Wapping Park, Peterlee, SR8 2FD

Notified 11/08/2020

Mr Wayne Pullen

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

British · England · Age 48

Units 19 & 20, Wapping Park, Peterlee, SR8 2FD

Notified 11/08/2020

CompanyRankvs 595+ SIC 27900 peers
72

Financial strength75th percentile among SIC peers · 19/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.31× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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595Wavecon Ltd
72
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.

Employees12/15 pts

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

Liquidity20/20 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.

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

£295k

Balance sheet strength

Cash

£94k

Cash in the bank

Net Current Assets

£341k

Working capital

Current Assets

£602k

Current Liabilities

£261k

Fixed Assets

£30k

Debtors

£114k

Profit After Tax

£91k

7avg. employees+2

Tax at Year End

Corp tax£11k
Dividends paid£2k

Balance Sheet

Assets less current liabilities£371k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.31+£80k
20231.68—

Derived from filed accounts. Not audited figures.