wavelength holdings limited Company Information
Company Number
02809317
Next Accounts
Feb 2025
Shareholders
jane mcinnes
iain mcinnes
Group Structure
View All
Industry
Other business support service activities n.e.c.
+1Registered Address
unit 33 mitchell point, ensign way, hamble, southampton, SO31 4RF
Website
-wavelength holdings limited Estimated Valuation
Pomanda estimates the enterprise value of WAVELENGTH HOLDINGS LIMITED at £1.1m based on a Turnover of £1.6m and 0.67x industry multiple (adjusted for size and gross margin).
wavelength holdings limited Estimated Valuation
Pomanda estimates the enterprise value of WAVELENGTH HOLDINGS LIMITED at £2m based on an EBITDA of £461.1k and a 4.37x industry multiple (adjusted for size and gross margin).
wavelength holdings limited Estimated Valuation
Pomanda estimates the enterprise value of WAVELENGTH HOLDINGS LIMITED at £4.8m based on Net Assets of £2m and 2.35x industry multiple (adjusted for liquidity).
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Wavelength Holdings Limited Overview
Wavelength Holdings Limited is a live company located in hamble, SO31 4RF with a Companies House number of 02809317. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in April 1993, it's largest shareholder is jane mcinnes with a 50% stake. Wavelength Holdings Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.6m with high growth in recent years.
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Wavelength Holdings Limited Health Check
Pomanda's financial health check has awarded Wavelength Holdings Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
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4 Strong
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3 Regular
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5 Weak
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Size
annual sales of £1.6m, make it smaller than the average company (£2.3m)
- Wavelength Holdings Limited
£2.3m - Industry AVG
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Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (5.1%)
- Wavelength Holdings Limited
5.1% - Industry AVG
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Production
with a gross margin of 39.5%, this company has a comparable cost of product (39.5%)
- Wavelength Holdings Limited
39.5% - Industry AVG
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Profitability
an operating margin of 28% make it more profitable than the average company (6.4%)
- Wavelength Holdings Limited
6.4% - Industry AVG
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Employees
with 4 employees, this is below the industry average (18)
4 - Wavelength Holdings Limited
18 - Industry AVG
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Pay Structure
on an average salary of £39.2k, the company has an equivalent pay structure (£39.2k)
- Wavelength Holdings Limited
£39.2k - Industry AVG
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Efficiency
resulting in sales per employee of £400.9k, this is more efficient (£120.2k)
- Wavelength Holdings Limited
£120.2k - Industry AVG
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Debtor Days
it gets paid by customers after 71 days, this is later than average (35 days)
- Wavelength Holdings Limited
35 days - Industry AVG
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Creditor Days
its suppliers are paid after 37 days, this is close to average (36 days)
- Wavelength Holdings Limited
36 days - Industry AVG
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Stock Days
it holds stock equivalent to 87 days, this is more than average (35 days)
- Wavelength Holdings Limited
35 days - Industry AVG
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Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (35 weeks)
2 weeks - Wavelength Holdings Limited
35 weeks - Industry AVG
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Debt Level
it has a ratio of liabilities to total assets of 40.5%, this is a lower level of debt than the average (53.5%)
40.5% - Wavelength Holdings Limited
53.5% - Industry AVG
WAVELENGTH HOLDINGS LIMITED financials
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Wavelength Holdings Limited's latest turnover from May 2023 is estimated at £1.6 million and the company has net assets of £2 million. According to their latest financial statements, Wavelength Holdings Limited has 4 employees and maintains cash reserves of £55.3 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 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 4 | ||||||
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 | 63,335 | 16,689 | 27,382 | 20,001 | 40,001 | 60,368 | 90,411 | 123,575 | 54,407 | 61,552 | 35,483 | 50,647 | 1,390 | 1,545 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50,000 | 100,000 | 150,000 | 0 |
Investments & Other | 6,001 | 6,001 | 6,001 | 6,001 | 6,001 | 6,001 | 231,001 | 231,001 | 156,001 | 156,001 | 6,001 | 6,001 | 6,001 | 6,001 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 69,336 | 22,690 | 33,383 | 26,002 | 46,002 | 66,369 | 321,412 | 354,576 | 210,408 | 217,553 | 91,484 | 156,648 | 157,391 | 7,546 |
Stock & work in progress | 233,749 | 167,187 | 84,678 | 87,037 | 114,928 | 67,904 | 58,303 | 70,838 | 54,767 | 51,561 | 50,505 | 58,533 | 76,115 | 0 |
Trade Debtors | 313,375 | 333,618 | 309,335 | 185,733 | 159,427 | 120,480 | 897,280 | 908,160 | 1,081,195 | 877,897 | 614,633 | 498,960 | 489,939 | 523,390 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 2,730,971 | 2,132,014 | 2,058,996 | 1,859,525 | 1,418,323 | 1,211,818 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 55,325 | 154,889 | 46,425 | 75,601 | 51,814 | 196,624 | 301,069 | 200,198 | 211,083 | 143,435 | 74,628 | 158,257 | 55,279 | 288 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 3,333,420 | 2,787,708 | 2,499,434 | 2,207,896 | 1,744,492 | 1,596,826 | 1,256,652 | 1,179,196 | 1,347,045 | 1,072,893 | 739,766 | 715,750 | 621,333 | 523,678 |
total assets | 3,402,756 | 2,810,398 | 2,532,817 | 2,233,898 | 1,790,494 | 1,663,195 | 1,578,064 | 1,533,772 | 1,557,453 | 1,290,446 | 831,250 | 872,398 | 778,724 | 531,224 |
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 | 99,555 | 62,414 | 54,565 | 84,765 | 70,803 | 95,440 | 759,601 | 776,508 | 904,846 | 807,740 | 577,980 | 650,244 | 617,704 | 511,267 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 5,698 | 1,781 | 1,555 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 1,227,864 | 1,048,733 | 1,034,937 | 892,715 | 674,056 | 644,555 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 1,333,117 | 1,112,928 | 1,091,057 | 977,480 | 744,859 | 739,995 | 759,601 | 776,508 | 904,846 | 807,740 | 577,980 | 650,244 | 617,704 | 511,267 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 45,957 | 13,701 | 17,445 | 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 | 6,392 | 21,550 | 18,068 | 11,183 | 25,119 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 45,957 | 13,701 | 17,445 | 0 | 0 | 0 | 0 | 6,392 | 21,550 | 18,068 | 11,183 | 25,119 | 0 | 0 |
total liabilities | 1,379,074 | 1,126,629 | 1,108,502 | 977,480 | 744,859 | 739,995 | 759,601 | 782,900 | 926,396 | 825,808 | 589,163 | 675,363 | 617,704 | 511,267 |
net assets | 2,023,682 | 1,683,769 | 1,424,315 | 1,256,418 | 1,045,635 | 923,200 | 818,463 | 750,872 | 631,057 | 464,638 | 242,087 | 197,035 | 161,020 | 19,957 |
total shareholders funds | 2,023,682 | 1,683,769 | 1,424,315 | 1,256,418 | 1,045,635 | 923,200 | 818,463 | 750,872 | 631,057 | 464,638 | 242,087 | 197,035 | 161,020 | 19,957 |
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 | 12,653 | 10,694 | 20,096 | 20,000 | 20,367 | 300,044 | 33,163 | 30,832 | 40,625 | 24,636 | 15,164 | 13,928 | 980 | 1,156 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50,000 | 50,000 | 50,000 | 50,000 | 0 |
Tax | ||||||||||||||
Stock | 66,562 | 82,509 | -2,359 | -27,891 | 47,024 | 9,601 | -12,535 | 16,071 | 3,206 | 1,056 | -8,028 | -17,582 | 76,115 | 0 |
Debtors | 578,714 | 97,301 | 323,073 | 467,508 | 245,452 | 435,018 | -10,880 | -173,035 | 203,298 | 263,264 | 115,673 | 9,021 | -33,451 | 523,390 |
Creditors | 37,141 | 7,849 | -30,200 | 13,962 | -24,637 | -664,161 | -16,907 | -128,338 | 97,106 | 229,760 | -72,264 | 32,540 | 106,437 | 511,267 |
Accruals and Deferred Income | 179,131 | 13,796 | 142,222 | 218,659 | 29,501 | 644,555 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | -225,000 | 0 | 75,000 | 0 | 150,000 | 0 | 0 | 0 | 6,001 |
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 | 0 | 0 | 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 | 36,173 | -3,518 | 19,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -6,392 | -15,158 | 3,482 | 6,885 | -13,936 | 25,119 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -99,564 | 108,464 | -29,176 | 23,787 | -144,810 | -104,445 | 100,871 | -10,885 | 67,648 | 68,807 | -83,629 | 102,978 | 54,991 | 288 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -99,564 | 108,464 | -29,176 | 23,787 | -144,810 | -104,445 | 100,871 | -10,885 | 67,648 | 68,807 | -83,629 | 102,978 | 54,991 | 288 |
wavelength holdings limited Credit Report and Business Information
Wavelength Holdings Limited Competitor Analysis
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Perform a competitor analysis for wavelength holdings limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in SO31 area or any other competitors across 12 key performance metrics.
wavelength holdings limited Ownership
WAVELENGTH HOLDINGS LIMITED group structure
Wavelength Holdings Limited has 1 subsidiary company.
wavelength holdings limited directors
Wavelength Holdings Limited currently has 3 directors. The longest serving directors include Mr Iain McInnes (Apr 1993) and Mrs Jane McInnes (Apr 1993).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Iain McInnes | 73 years | Apr 1993 | - | Director | |
Mrs Jane McInnes | 70 years | Apr 1993 | - | Director | |
Ms Laura McInnes | 47 years | Jun 2016 | - | Director |
P&L
May 2023turnover
1.6m
+8%
operating profit
448.5k
0%
gross margin
39.6%
+0.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
2m
+0.2%
total assets
3.4m
+0.21%
cash
55.3k
-0.64%
net assets
Total assets minus all liabilities
wavelength holdings limited company details
company number
02809317
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
96090 - Other personal service activities n.e.c.
incorporation date
April 1993
age
32
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
MENZIES LLP
auditor
-
address
unit 33 mitchell point, ensign way, hamble, southampton, SO31 4RF
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
wavelength holdings 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 2 charges/mortgages relating to wavelength holdings limited. Currently there are 2 open charges and 0 have been satisfied in the past.
wavelength holdings limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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wavelength holdings limited Companies House Filings - See Documents
date | description | view/download |
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