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Greatwave Developments Ltd

15290672

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

24 PICTON HOUSE, WATERLOOVILLE, PO7 7SQ
Incorporated 17/11/2023

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 19/12/2025

Due 02/01/2027

On track

Industry

68100
Buying and selling of own real estate

Officers

Mr Alistair Michael Shattock

director · Since 17/11/2023

DIRECTOR

BRITISH · ENGLAND · Age 51

Mr Matthew James Stacey

director · Since 01/12/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 2 other boards

Persons with Significant Control

Mr Alistair Michael Shattock

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

British · England · Age 51

24 Picton House, Hussar Court, Waterlooville, PO7 7SQ

Notified 17/11/2023

Mr Matthew James Stacey

25–50% shares
25–50% votes

British · United Kingdom · Age 50

24 Picton House, Hussar Court, Waterlooville, PO7 7SQ

Notified 01/12/2023

CompanyRankvs 104810+ SIC 68100 peers
30

Financial strength7th percentile among SIC peers · 2/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 17.21× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength2/25 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.

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.

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

tion and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 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 31/03/2025

Net Worth

-£46k

Balance sheet strength

Cash

£153k

Cash in the bank

Net Current Assets

£254k

Working capital

Current Assets

£270k

Current Liabilities

£16k

Debtors

£19k

Balance Sheet

Assets less current liabilities£254k
Signed by Mr Alistair Shattock 3 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202517.21-£30k
202453.87

Derived from filed accounts. Not audited figures.