Back to search

Commerce Wave Ltd

14239786

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

C/O GETGROUND, 1, LONDON, W6 0NB
Incorporated 18/07/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Moomba Muloba

director · Since 18/07/2022

SOFTWARE ENGINEER

BRITISH · UNITED KINGDOM · Age 39

Getground Secretary Limited

secretary · Since 22/04/2025

Also on 10584 other boards

Persons with Significant Control

Mr Moomba Muloba

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 39

C/O Getground, 1, Lyric Square, London, W6 0NB

Notified 18/07/2022

Charges1 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 05/03/2024Registered 09/03/2024

CompanyRankvs 294900+ SIC 68209 peers
16

Financial strength21th percentile among SIC peers · 5/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1The Lower Norwood Co-Operative Building Company Limited
90
2Liverpool And Chester Property Company Limited
90
3Grange Park Investments Limited
90
4Sherborne Cottage Building Company,Limited(The)
90
5Gaunts Limited
90
6S.E.Redfern Limited
90
7Chisholm & Company (Holdings) Limited
90
8John Horsfall & Sons(Greetland),Limited
90
9British And Foreign Wharf Company Limited(The)
90
10Webb & Son (Combs)Limited
90
294900Commerce Wave Ltd
25
How is this score calculated?
Financial strength5/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 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.

Longevity4/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/07/2025

Net Worth

-£2k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£24k

Working capital

Current Assets

£2k

Current Liabilities

£25k

Fixed Assets

£71k

Balance Sheet

Assets less current liabilities£48k
Signed by Moomba Muloba 18/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.06+£0
20250.06+£200
20240.03-£5k
20232.80—

Derived from filed accounts. Not audited figures.