Wave Mechanical Limited
12940295
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 09/09/2025
Due 23/09/2026
Industry
Officers
Persons with Significant Control
Wave Holdings South West Ltd
C/O Complete Hq 2 Bridge Court, Kingsmill Road, Saltash, PL12 6LS
Reg: 16701882 · Register Of Companies · Private Limited By Shares
Notified 08/09/2025
Former PSCs
Mr David Webber
Ceased 08/09/2025
CompanyRankvs 11631+ SIC 43220 peers62
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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.
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
£46k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£57k
Working capital
Current Assets
£65k
Current Liabilities
£8k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 8.28 | -£639 |
| 2023 | 9.02 | +£14k |
| 2022 | 101.25 | +£16k |
Derived from filed accounts. Not audited figures.