experience wave limited
experience wave limited Company Information
Company Number
04400611
Next Accounts
Mar 2026
Shareholders
avidity group holdings limited
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
level 4, dashwood house, 69 old broad street, london, EC2M 1QS
Website
www.mccurrach.co.ukexperience wave limited Estimated Valuation
Pomanda estimates the enterprise value of EXPERIENCE WAVE LIMITED at £5.5m based on a Turnover of £11m and 0.5x industry multiple (adjusted for size and gross margin).
experience wave limited Estimated Valuation
Pomanda estimates the enterprise value of EXPERIENCE WAVE LIMITED at £2.7m based on an EBITDA of £727k and a 3.68x industry multiple (adjusted for size and gross margin).
experience wave limited Estimated Valuation
Pomanda estimates the enterprise value of EXPERIENCE WAVE LIMITED at £1.4m based on Net Assets of £651k and 2.13x industry multiple (adjusted for liquidity).
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Experience Wave Limited Overview
Experience Wave Limited is a live company located in london, EC2M 1QS with a Companies House number of 04400611. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in March 2002, it's largest shareholder is avidity group holdings limited with a 100% stake. Experience Wave Limited is a mature, mid sized company, Pomanda has estimated its turnover at £11m with unknown growth in recent years.
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Experience Wave Limited Health Check
Pomanda's financial health check has awarded Experience Wave Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
0 Regular
5 Weak
Size
annual sales of £11m, make it larger than the average company (£4.3m)
£11m - Experience Wave Limited
£4.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Experience Wave Limited
- - Industry AVG
Production
with a gross margin of 17.1%, this company has a higher cost of product (37.9%)
17.1% - Experience Wave Limited
37.9% - Industry AVG
Profitability
an operating margin of 6.6% make it more profitable than the average company (5.5%)
6.6% - Experience Wave Limited
5.5% - Industry AVG
Employees
with 229 employees, this is above the industry average (26)
229 - Experience Wave Limited
26 - Industry AVG
Pay Structure
on an average salary of £35.4k, the company has a lower pay structure (£50.9k)
£35.4k - Experience Wave Limited
£50.9k - Industry AVG
Efficiency
resulting in sales per employee of £47.8k, this is less efficient (£156.8k)
£47.8k - Experience Wave Limited
£156.8k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is earlier than average (38 days)
30 days - Experience Wave Limited
38 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (31 days)
2 days - Experience Wave Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Experience Wave Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (24 weeks)
0 weeks - Experience Wave Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.2%, this is a higher level of debt than the average (59.9%)
92.2% - Experience Wave Limited
59.9% - Industry AVG
EXPERIENCE WAVE LIMITED financials
Experience Wave Limited's latest turnover from June 2024 is £11 million and the company has net assets of £651 thousand. According to their latest financial statements, Experience Wave Limited has 229 employees and maintains cash reserves of £36 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 10,951,000 | 8,527,000 | 7,559 | ||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 727,000 | 153,000 | |||||||||||||
| Interest Payable | 3,000 | 2,000 | |||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 724,000 | 151,000 | 215 | ||||||||||||
| Tax | -197,000 | -25,000 | -37 | ||||||||||||
| Profit After Tax | 527,000 | 126,000 | 178 | ||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 527,000 | 126,000 | 178 | ||||||||||||
| Employee Costs | 8,105,000 | 6,298,000 | 5,797 | ||||||||||||
| Number Of Employees | 229 | 185 | 157 | ||||||||||||
| EBITDA* | 727,000 | 153,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | |||||||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 912,000 | 354,000 | |||||||||||||
| Group Debtors | 5,181,000 | 920,000 | 1,604 | 100 | 100 | ||||||||||
| Misc Debtors | 2,262,000 | 897,000 | 582 | ||||||||||||
| Cash | 36,000 | 1,888,000 | 478 | ||||||||||||
| misc current assets | |||||||||||||||
| total current assets | 8,391,000 | 4,059,000 | 2,664 | 100 | 100 | ||||||||||
| total assets | 8,391,000 | 4,059,000 | 2,664 | 100 | 100 | ||||||||||
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 51,000 | 71,000 | 15 | ||||||||||||
| Group/Directors Accounts | 4,966,000 | 2,152,000 | 1,204 | ||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 2,723,000 | 1,712,000 | 1,317 | ||||||||||||
| total current liabilities | 7,740,000 | 3,935,000 | 2,536 | ||||||||||||
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 7,740,000 | 3,935,000 | 2,536 | ||||||||||||
| net assets | 651,000 | 124,000 | 128 | 100 | 100 | ||||||||||
| total shareholders funds | 651,000 | 124,000 | 128 | 100 | 100 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 727,000 | 153,000 | |||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | -197,000 | -25,000 | -37 | ||||||||||||
| Stock | |||||||||||||||
| Debtors | 6,184,000 | 2,168,814 | 2,086 | 100 | |||||||||||
| Creditors | -20,000 | 70,985 | 15 | ||||||||||||
| Accruals and Deferred Income | 1,011,000 | 1,710,683 | 1,317 | ||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -4,663,000 | -259,146 | |||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 2,814,000 | 2,150,796 | 1,204 | ||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -3,000 | -2,000 | |||||||||||||
| cash flow from financing | 2,811,000 | 2,146,668 | 1,054 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -1,852,000 | 1,887,522 | 478 | ||||||||||||
| overdraft | |||||||||||||||
| change in cash | -1,852,000 | 1,887,522 | 478 |
experience wave limited Credit Report and Business Information
Experience Wave Limited Competitor Analysis
Perform a competitor analysis for experience wave limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in EC2M area or any other competitors across 12 key performance metrics.
experience wave limited Ownership
EXPERIENCE WAVE LIMITED group structure
Experience Wave Limited has no subsidiary companies.
Ultimate parent company
2 parents
EXPERIENCE WAVE LIMITED
04400611
experience wave limited directors
Experience Wave Limited currently has 2 directors. The longest serving directors include Mrs Jillian Ross (Aug 2021) and Mr Jonathan Chambers (Aug 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Jillian Ross | Scotland | 51 years | Aug 2021 | - | Director |
| Mr Jonathan Chambers | Scotland | 42 years | Aug 2023 | - | Director |
P&L
June 2024turnover
11m
+28%
operating profit
727k
+375%
gross margin
17.2%
-2.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
651k
+4.25%
total assets
8.4m
+1.07%
cash
36k
-0.98%
net assets
Total assets minus all liabilities
Similar Companies
experience wave limited company details
company number
04400611
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
March 2002
age
23
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
June 2024
previous names
mccurrach tactical services limited (May 2021)
dmwsl 360 limited (April 2002)
accountant
-
auditor
-
address
level 4, dashwood house, 69 old broad street, london, EC2M 1QS
Bank
BANK OF SCOTLAND
Legal Advisor
DICKSON MINTO WS
experience wave 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 experience wave limited. Currently there are 1 open charges and 1 have been satisfied in the past.
experience wave 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.
Click to start generating capital raising & share issue transactions for EXPERIENCE WAVE LIMITED. This can take several minutes, an email will notify you when this has completed.
experience wave limited Companies House Filings - See Documents
| date | description | view/download |
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