wavevend limited Company Information
Company Number
02253919
Website
www.wavevend.co.ukRegistered Address
35 ballards lane, london, N3 1XW
Industry
Other business support service activities n.e.c.
Telephone
02072661280
Next Accounts Due
February 2025
Group Structure
View All
Directors
Melvin Lind26 Years
Shareholders
freddie alexander joe lind 50%
melvin lind 30%
View Allwavevend limited Estimated Valuation
Pomanda estimates the enterprise value of WAVEVEND LIMITED at £1m based on a Turnover of £1.8m and 0.59x industry multiple (adjusted for size and gross margin).
wavevend limited Estimated Valuation
Pomanda estimates the enterprise value of WAVEVEND LIMITED at £481.3k based on an EBITDA of £107.3k and a 4.49x industry multiple (adjusted for size and gross margin).
wavevend limited Estimated Valuation
Pomanda estimates the enterprise value of WAVEVEND LIMITED at £11.7m based on Net Assets of £4.5m and 2.58x industry multiple (adjusted for liquidity).
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Wavevend Limited Overview
Wavevend Limited is a live company located in london, N3 1XW with a Companies House number of 02253919. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 1988, it's largest shareholder is freddie alexander joe lind with a 50% stake. Wavevend Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.8m with high growth in recent years.
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Wavevend Limited Health Check
Pomanda's financial health check has awarded Wavevend Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £1.8m, make it smaller than the average company (£3.5m)
- Wavevend Limited
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (4.5%)
- Wavevend Limited
4.5% - Industry AVG
Production
with a gross margin of 38.3%, this company has a comparable cost of product (38.3%)
- Wavevend Limited
38.3% - Industry AVG
Profitability
an operating margin of -2.1% make it less profitable than the average company (6.3%)
- Wavevend Limited
6.3% - Industry AVG
Employees
with 6 employees, this is below the industry average (23)
6 - Wavevend Limited
23 - Industry AVG
Pay Structure
on an average salary of £47.3k, the company has an equivalent pay structure (£47.3k)
- Wavevend Limited
£47.3k - Industry AVG
Efficiency
resulting in sales per employee of £293.1k, this is more efficient (£150k)
- Wavevend Limited
£150k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is earlier than average (40 days)
- Wavevend Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 90 days, this is slower than average (33 days)
- Wavevend Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 468 days, this is more than average (32 days)
- Wavevend Limited
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 62 weeks, this is more cash available to meet short term requirements (25 weeks)
62 weeks - Wavevend Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 13.7%, this is a lower level of debt than the average (62.2%)
13.7% - Wavevend Limited
62.2% - Industry AVG
WAVEVEND LIMITED financials
Wavevend Limited's latest turnover from May 2023 is estimated at £1.8 million and the company has net assets of £4.5 million. According to their latest financial statements, Wavevend Limited has 6 employees and maintains cash reserves of £740.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 6 | 6 | 6 | 6 | 6 | 7 | 7 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 395,181 | 376,640 | 238,837 | 226,609 | 268,367 | 353,517 | 332,845 | 279,692 | 359,142 | 250,931 | 263,056 | 258,671 | 245,690 | 207,439 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 395,181 | 376,640 | 238,837 | 226,609 | 268,367 | 353,517 | 332,845 | 279,692 | 359,142 | 250,931 | 263,056 | 258,671 | 245,690 | 207,439 |
Stock & work in progress | 1,393,971 | 1,423,715 | 1,421,469 | 0 | 1,931,349 | 1,556,470 | 1,535,212 | 0 | 1,058,552 | 1,039,734 | 834,214 | 863,690 | 731,326 | 0 |
Trade Debtors | 93,163 | 150,258 | 258,268 | 85,954 | 161,254 | 123,894 | 190,471 | 229,074 | 248,282 | 242,721 | 236,085 | 391,831 | 241,947 | 191,974 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 2,630,225 | 2,266,105 | 2,135,985 | 2,111,789 | 1,098,813 | 538,663 | 354,428 | 220,946 | 0 | 102,885 | 106,966 | 0 | 0 | 0 |
Cash | 740,808 | 922,893 | 593,579 | 2,126,917 | 681,249 | 1,422,314 | 1,550,565 | 2,870,243 | 1,390,558 | 1,137,147 | 1,005,848 | 843,558 | 764,105 | 1,233,150 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 4,858,167 | 4,762,971 | 4,409,301 | 4,324,660 | 3,872,665 | 3,641,341 | 3,630,676 | 3,320,263 | 2,697,392 | 2,522,487 | 2,183,113 | 2,099,079 | 1,737,378 | 1,425,124 |
total assets | 5,253,348 | 5,139,611 | 4,648,138 | 4,551,269 | 4,141,032 | 3,994,858 | 3,963,521 | 3,599,955 | 3,056,534 | 2,773,418 | 2,446,169 | 2,357,750 | 1,983,068 | 1,632,563 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 268,739 | 184,268 | 132,241 | 154,559 | 121,357 | 85,189 | 160,155 | 401,649 | 562,134 | 178,242 | 213,630 | 316,642 | 263,971 | 183,286 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 53,265 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 350,638 | 348,543 | 504,525 | 526,873 | 240,896 | 148,873 | 308,314 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 619,377 | 532,811 | 636,766 | 681,432 | 362,253 | 234,062 | 468,469 | 401,649 | 615,399 | 178,242 | 213,630 | 316,642 | 263,971 | 183,286 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 98,669 | 71,561 | 45,379 | 43,056 | 50,990 | 63,934 | 63,240 | 55,938 | 71,828 | 222,602 | 225,027 | 222,517 | 217,690 | 37,314 |
total long term liabilities | 98,669 | 71,561 | 45,379 | 43,056 | 50,990 | 63,934 | 63,240 | 55,938 | 71,828 | 222,602 | 225,027 | 222,517 | 217,690 | 37,314 |
total liabilities | 718,046 | 604,372 | 682,145 | 724,488 | 413,243 | 297,996 | 531,709 | 457,587 | 687,227 | 400,844 | 438,657 | 539,159 | 481,661 | 220,600 |
net assets | 4,535,302 | 4,535,239 | 3,965,993 | 3,826,781 | 3,727,789 | 3,696,862 | 3,431,812 | 3,142,368 | 2,369,307 | 2,372,574 | 2,007,512 | 1,818,591 | 1,501,407 | 1,411,963 |
total shareholders funds | 4,535,302 | 4,535,239 | 3,965,993 | 3,826,781 | 3,727,789 | 3,696,862 | 3,431,812 | 3,142,368 | 2,369,307 | 2,372,574 | 2,007,512 | 1,818,591 | 1,501,407 | 1,411,963 |
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 144,655 | 122,752 | 89,716 | 88,127 | 102,135 | 114,404 | 105,799 | 87,532 | 76,700 | 80,036 | 77,856 | 72,779 | 59,284 | |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||
Stock | -29,744 | 2,246 | 1,421,469 | -1,931,349 | 374,879 | 21,258 | 1,535,212 | -1,058,552 | 18,818 | 205,520 | -29,476 | 132,364 | 731,326 | 0 |
Debtors | 307,025 | 22,110 | 196,510 | 937,676 | 597,510 | 117,658 | 94,879 | 201,738 | -97,324 | 2,555 | -48,780 | 149,884 | 49,973 | 191,974 |
Creditors | 84,471 | 52,027 | -22,318 | 33,202 | 36,168 | -74,966 | -241,494 | -160,485 | 383,892 | -35,388 | -103,012 | 52,671 | 80,685 | 183,286 |
Accruals and Deferred Income | 2,095 | -155,982 | -22,348 | 285,977 | 92,023 | -159,441 | 308,314 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 27,108 | 26,182 | 2,323 | -7,934 | -12,944 | 694 | 7,302 | -15,890 | -150,774 | -2,425 | 2,510 | 4,827 | 180,376 | 37,314 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -53,265 | 53,265 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -182,085 | 329,314 | -1,533,338 | 1,445,668 | -741,065 | -128,251 | -1,319,678 | 1,479,685 | 253,411 | 131,299 | 162,290 | 79,453 | -469,045 | 1,233,150 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -182,085 | 329,314 | -1,533,338 | 1,445,668 | -741,065 | -128,251 | -1,319,678 | 1,479,685 | 253,411 | 131,299 | 162,290 | 79,453 | -469,045 | 1,233,150 |
wavevend limited Credit Report and Business Information
Wavevend Limited Competitor Analysis
Perform a competitor analysis for wavevend limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in N 3 area or any other competitors across 12 key performance metrics.
wavevend limited Ownership
WAVEVEND LIMITED group structure
Wavevend Limited has no subsidiary companies.
Ultimate parent company
WAVEVEND LIMITED
02253919
wavevend limited directors
Wavevend Limited currently has 1 director, Mr Melvin Lind serving since Nov 1997.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Melvin Lind | 69 years | Nov 1997 | - | Director |
P&L
May 2023turnover
1.8m
0%
operating profit
-37.3k
0%
gross margin
38.4%
-0.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
4.5m
0%
total assets
5.3m
+0.02%
cash
740.8k
-0.2%
net assets
Total assets minus all liabilities
wavevend limited company details
company number
02253919
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
May 1988
age
36
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
35 ballards lane, london, N3 1XW
Bank
BARCLAYS BANK PLC
Legal Advisor
-
wavevend limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 1 charges/mortgages relating to wavevend limited. Currently there are 0 open charges and 1 have been satisfied in the past.
wavevend limited Companies House Filings - See Documents
date | description | view/download |
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