mwaves limited Company Information
Company Number
05397719
Website
www.mwaves.co.ukRegistered Address
c/o azets burnham yard, london end, beaconsfield, bucks, HP9 2JH
Industry
Engineering related scientific and technical consulting activities
Telephone
01224392500
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
waves group limited 100%
mwaves limited Estimated Valuation
Pomanda estimates the enterprise value of MWAVES LIMITED at £1.1m based on a Turnover of £1.7m and 0.63x industry multiple (adjusted for size and gross margin).
mwaves limited Estimated Valuation
Pomanda estimates the enterprise value of MWAVES LIMITED at £0 based on an EBITDA of £-123.6k and a 5.28x industry multiple (adjusted for size and gross margin).
mwaves limited Estimated Valuation
Pomanda estimates the enterprise value of MWAVES LIMITED at £1.8m based on Net Assets of £680.9k and 2.71x industry multiple (adjusted for liquidity).
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Mwaves Limited Overview
Mwaves Limited is a live company located in beaconsfield, HP9 2JH with a Companies House number of 05397719. It operates in the engineering related scientific and technical consulting activities sector, SIC Code 71122. Founded in March 2005, it's largest shareholder is waves group limited with a 100% stake. Mwaves Limited is a established, small sized company, Pomanda has estimated its turnover at £1.7m with declining growth in recent years.
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Mwaves Limited Health Check
Pomanda's financial health check has awarded Mwaves Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
3 Weak
Size
annual sales of £1.7m, make it larger than the average company (£737k)
- Mwaves Limited
£737k - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (4.5%)
- Mwaves Limited
4.5% - Industry AVG
Production
with a gross margin of 37.1%, this company has a comparable cost of product (37.1%)
- Mwaves Limited
37.1% - Industry AVG
Profitability
an operating margin of -7.4% make it less profitable than the average company (6.8%)
- Mwaves Limited
6.8% - Industry AVG
Employees
with 21 employees, this is above the industry average (9)
21 - Mwaves Limited
9 - Industry AVG
Pay Structure
on an average salary of £51.9k, the company has an equivalent pay structure (£51.9k)
- Mwaves Limited
£51.9k - Industry AVG
Efficiency
resulting in sales per employee of £82.8k, this is equally as efficient (£94.7k)
- Mwaves Limited
£94.7k - Industry AVG
Debtor Days
it gets paid by customers after 85 days, this is near the average (74 days)
- Mwaves Limited
74 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is slower than average (25 days)
- Mwaves Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mwaves Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (17 weeks)
4 weeks - Mwaves Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.6%, this is a lower level of debt than the average (57.7%)
43.6% - Mwaves Limited
57.7% - Industry AVG
MWAVES LIMITED financials
Mwaves Limited's latest turnover from March 2023 is estimated at £1.7 million and the company has net assets of £680.9 thousand. According to their latest financial statements, Mwaves Limited has 21 employees and maintains cash reserves of £34.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 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 | 21 | 18 | 18 | 17 | 19 | 18 | 16 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 8,055 | 13,469 | 19,345 | 4,534 | 5,509 | 3,704 | 7,317 | 10,842 | 4,765 | 5,248 | 3,531 | 2,329 | 1,729 | 1,655 |
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 | 8,055 | 13,469 | 19,345 | 4,534 | 5,509 | 3,704 | 7,317 | 10,842 | 4,765 | 5,248 | 3,531 | 2,329 | 1,729 | 1,655 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 405,292 | 296,552 | 311,519 | 415,783 | 277,299 | 468,097 | 567,715 | 487,373 | 337,162 | 115,676 | 176,036 | 133,412 | 137,144 | 95,294 |
Group Debtors | 331,908 | 545,265 | 674,970 | 225,560 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 428,025 | 419,373 | 221,334 | 374,033 | 512,437 | 624,867 | 385,686 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 34,101 | 16,241 | 152,363 | 63,925 | 69,705 | 306,212 | 256,297 | 41,514 | 4,885 | 117,046 | 141,140 | 41,251 | 7,874 | 100,869 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,199,326 | 1,277,431 | 1,360,186 | 1,079,301 | 859,441 | 1,399,176 | 1,209,698 | 528,887 | 342,047 | 232,722 | 317,176 | 174,663 | 145,018 | 196,163 |
total assets | 1,207,381 | 1,290,900 | 1,379,531 | 1,083,835 | 864,950 | 1,402,880 | 1,217,015 | 539,729 | 346,812 | 237,970 | 320,707 | 176,992 | 146,747 | 197,818 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 50,106 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 94,386 | 117,531 | 44,586 | 230,790 | 122,836 | 209,972 | 127,098 | 369,036 | 226,565 | 124,332 | 219,321 | 155,210 | 73,147 | 80,732 |
Group/Directors Accounts | 115,687 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 116,300 | 91,434 | 125,349 | 147,049 | 137,110 | 482,297 | 701,289 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 376,479 | 258,965 | 169,935 | 377,839 | 259,946 | 692,269 | 828,387 | 369,036 | 226,565 | 124,332 | 219,321 | 155,210 | 73,147 | 80,732 |
loans | 150,000 | 200,000 | 250,000 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 150,000 | 200,000 | 250,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 526,479 | 458,965 | 419,935 | 377,839 | 259,946 | 692,269 | 828,387 | 369,036 | 226,565 | 124,332 | 219,321 | 155,210 | 73,147 | 80,732 |
net assets | 680,902 | 831,935 | 959,596 | 705,996 | 605,004 | 710,611 | 388,628 | 170,693 | 120,247 | 113,638 | 101,386 | 21,782 | 73,600 | 117,086 |
total shareholders funds | 680,902 | 831,935 | 959,596 | 705,996 | 605,004 | 710,611 | 388,628 | 170,693 | 120,247 | 113,638 | 101,386 | 21,782 | 73,600 | 117,086 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 5,414 | 5,876 | 2,171 | 1,908 | 3,514 | 4,063 | 4,700 | 4,843 | 2,394 | 1,697 | 1,373 | 1,062 | 1,097 | 804 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -95,965 | 53,367 | 192,447 | 225,640 | -303,228 | 139,563 | 466,028 | 150,211 | 221,486 | -60,360 | 42,624 | -3,732 | 41,850 | 95,294 |
Creditors | -23,145 | 72,945 | -186,204 | 107,954 | -87,136 | 82,874 | -241,938 | 142,471 | 102,233 | -94,989 | 64,111 | 82,063 | -7,585 | 80,732 |
Accruals and Deferred Income | 24,866 | -33,915 | -21,700 | 9,939 | -345,187 | -218,992 | 701,289 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 106 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 115,687 | 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 | -50,000 | -50,000 | 250,000 | 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 | 17,860 | -136,122 | 88,438 | -5,780 | -236,507 | 49,915 | 214,783 | 36,629 | -112,161 | -24,094 | 99,889 | 33,377 | -92,995 | 100,869 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 17,860 | -136,122 | 88,438 | -5,780 | -236,507 | 49,915 | 214,783 | 36,629 | -112,161 | -24,094 | 99,889 | 33,377 | -92,995 | 100,869 |
mwaves limited Credit Report and Business Information
Mwaves Limited Competitor Analysis
Perform a competitor analysis for mwaves limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in HP9 area or any other competitors across 12 key performance metrics.
mwaves limited Ownership
MWAVES LIMITED group structure
Mwaves Limited has no subsidiary companies.
mwaves limited directors
Mwaves Limited currently has 6 directors. The longest serving directors include Mr Ian Sherrington (Mar 2005) and Mr Dennis Kelly (Apr 2005).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Ian Sherrington | United Kingdom | 67 years | Mar 2005 | - | Director |
Mr Dennis Kelly | United Kingdom | 59 years | Apr 2005 | - | Director |
Mr Jeremy Panes | United Kingdom | 48 years | Dec 2010 | - | Director |
Mr Simon Burnay | United Kingdom | 49 years | Jul 2013 | - | Director |
Mr Philip Donoghue | United Kingdom | 61 years | Feb 2016 | - | Director |
Mr Nigel James | United Kingdom | 65 years | May 2016 | - | Director |
P&L
March 2023turnover
1.7m
+30%
operating profit
-129k
0%
gross margin
37.2%
-8.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
680.9k
-0.18%
total assets
1.2m
-0.06%
cash
34.1k
+1.1%
net assets
Total assets minus all liabilities
mwaves limited company details
company number
05397719
Type
Private limited with Share Capital
industry
71122 - Engineering related scientific and technical consulting activities
incorporation date
March 2005
age
19
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
AZETS
auditor
-
address
c/o azets burnham yard, london end, beaconsfield, bucks, HP9 2JH
Bank
-
Legal Advisor
-
mwaves 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 5 charges/mortgages relating to mwaves limited. Currently there are 3 open charges and 2 have been satisfied in the past.
mwaves limited Companies House Filings - See Documents
date | description | view/download |
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