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New Wave Biotech Ltd

14555913

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

INTERNATIONAL HOUSE, MANCHESTER, M2 3HZ
Incorporated 23/12/2022

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 22/12/2025

Due 05/01/2027

On track

Industry

62012
Business and domestic software development
72110
Research and experimental development on biotechnology

Officers

Nix Hall

director · Since 23/12/2022

SOFTWARE ENGINEER

BRITISH · ENGLAND · Age 37

Ms Yu Tung Law

director · Since 23/12/2022

CHIEF EXECUTIVE

AUSTRALIAN · UNITED KINGDOM · Age 38

Also on 5 other boards

Persons with Significant Control

Ms Yu Tung Law

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

Australian · United Kingdom · Age 38

International House, 61 Mosley Street, Manchester, M2 3HZ

Notified 23/12/2022

Nix Hall

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

British · England · Age 37

International House, 61 Mosley Street, Manchester, M2 3HZ

Notified 23/12/2022

CompanyRankvs 5619+ SIC 62012 peers
76

Financial strength95th percentile among SIC peers · 24/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 53.16× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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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.

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.

Longevity3/15 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

£491k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£489k

Working capital

Current Assets

£499k

Current Liabilities

£9k

Fixed Assets

£2k

5avg. employees

Balance Sheet

Assets less current liabilities£491k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
202453.16+£434k
202377.29

Derived from filed accounts. Not audited figures.