wave transfer limited
wave transfer limited Company Information
Company Number
09627585
Next Accounts
Sep 2025
Shareholders
worldremit corp
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
51 eastcheap, london, EC3M 1DT
Website
sendwave.comwave transfer limited Estimated Valuation
Pomanda estimates the enterprise value of WAVE TRANSFER LIMITED at £1.9m based on a Turnover of £3.3m and 0.57x industry multiple (adjusted for size and gross margin).
wave transfer limited Estimated Valuation
Pomanda estimates the enterprise value of WAVE TRANSFER LIMITED at £239.6k based on an EBITDA of £62k and a 3.87x industry multiple (adjusted for size and gross margin).
wave transfer limited Estimated Valuation
Pomanda estimates the enterprise value of WAVE TRANSFER LIMITED at £1.8m based on Net Assets of £797.5k and 2.25x industry multiple (adjusted for liquidity).
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Wave Transfer Limited Overview
Wave Transfer Limited is a live company located in london, EC3M 1DT with a Companies House number of 09627585. It operates in the other information technology service activities sector, SIC Code 62090. Founded in June 2015, it's largest shareholder is worldremit corp with a 100% stake. Wave Transfer Limited is a established, small sized company, Pomanda has estimated its turnover at £3.3m with declining growth in recent years.
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Wave Transfer Limited Health Check
Pomanda's financial health check has awarded Wave Transfer Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
6 Weak
Size
annual sales of £3.3m, make it smaller than the average company (£7.4m)
- Wave Transfer Limited
£7.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (8%)
- Wave Transfer Limited
8% - Industry AVG
Production
with a gross margin of 25.8%, this company has a higher cost of product (51.7%)
- Wave Transfer Limited
51.7% - Industry AVG
Profitability
an operating margin of 1.9% make it less profitable than the average company (3.5%)
- Wave Transfer Limited
3.5% - Industry AVG
Employees
with 9 employees, this is below the industry average (43)
- Wave Transfer Limited
43 - Industry AVG
Pay Structure
on an average salary of £74.4k, the company has an equivalent pay structure (£74.4k)
- Wave Transfer Limited
£74.4k - Industry AVG
Efficiency
resulting in sales per employee of £362.1k, this is more efficient (£178.1k)
- Wave Transfer Limited
£178.1k - Industry AVG
Debtor Days
it gets paid by customers after 89 days, this is later than average (52 days)
- Wave Transfer Limited
52 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Wave Transfer Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Wave Transfer Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Wave Transfer Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Wave Transfer Limited
- - Industry AVG
WAVE TRANSFER LIMITED financials
Wave Transfer Limited's latest turnover from December 2023 is estimated at £3.3 million and the company has net assets of £797.5 thousand. According to their latest financial statements, we estimate that Wave Transfer Limited has 9 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 11,257,226 | 9,146,500 | 6,794,725 | 2,945,961 | 564,257 | 208,341 | |||
| Other Income Or Grants | |||||||||
| Cost Of Sales | 4,139,254 | 2,478,362 | 2,350,886 | 1,235,731 | 675,392 | 138,388 | |||
| Gross Profit | 7,117,972 | 6,668,138 | 4,443,839 | 1,710,230 | -111,135 | 69,953 | |||
| Admin Expenses | 6,264,340 | 5,722,043 | 3,728,997 | 1,139,237 | 11,981 | 131,306 | |||
| Operating Profit | 853,632 | 946,095 | 714,842 | 570,993 | -123,116 | -61,353 | |||
| Interest Payable | |||||||||
| Interest Receivable | 7 | 147 | |||||||
| Pre-Tax Profit | 853,632 | 946,095 | 714,842 | 571,000 | -123,263 | -61,353 | |||
| Tax | -161,317 | -179,090 | -137,238 | -73,612 | |||||
| Profit After Tax | 692,315 | 767,005 | 577,604 | 497,388 | -123,263 | -61,353 | |||
| Dividends Paid | |||||||||
| Retained Profit | 692,315 | 767,005 | 577,604 | 497,388 | -123,263 | -61,353 | |||
| Employee Costs | |||||||||
| Number Of Employees | 33 | 34 | 30 | 20 | 14 | 1 | |||
| EBITDA* | 853,632 | 946,095 | 714,842 | 570,993 | -123,116 | -61,353 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | |||||||||
| Stock & work in progress | |||||||||
| Trade Debtors | 797,467 | 750,981 | 1,948,029 | 1,938,206 | 1,110,095 | 2,987,787 | 1,006,136 | 103,544 | |
| Group Debtors | 402,959 | ||||||||
| Misc Debtors | 13,259 | 2,288 | 5,689 | 100 | |||||
| Cash | 3,657,910 | 53,782 | 2,368,540 | 2,652,313 | 6,496 | 131,801 | |||
| misc current assets | |||||||||
| total current assets | 797,467 | 750,981 | 5,619,198 | 2,397,235 | 3,484,324 | 5,640,100 | 1,012,632 | 235,345 | 100 |
| total assets | 797,467 | 750,981 | 5,619,198 | 2,397,235 | 3,484,324 | 5,640,100 | 1,012,632 | 235,345 | 100 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 2,362 | 17,847 | 14,255 | 525 | 1,484 | ||||
| Group/Directors Accounts | 2,534,288 | 58 | 1,743,835 | 4,668,687 | 1,188,886 | 291,528 | |||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 232,752 | 221,849 | 335,758 | 158,016 | 6,778 | 5,070 | |||
| total current liabilities | 2,769,402 | 239,754 | 2,093,848 | 4,827,228 | 1,197,148 | 296,598 | |||
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | |||||||||
| total liabilities | 2,769,402 | 239,754 | 2,093,848 | 4,827,228 | 1,197,148 | 296,598 | |||
| net assets | 797,467 | 750,981 | 2,849,796 | 2,157,481 | 1,390,476 | 812,872 | -184,516 | -61,253 | 100 |
| total shareholders funds | 797,467 | 750,981 | 2,849,796 | 2,157,481 | 1,390,476 | 812,872 | -184,516 | -61,253 | 100 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 853,632 | 946,095 | 714,842 | 570,993 | -123,116 | -61,353 | |||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | -161,317 | -179,090 | -137,238 | -73,612 | |||||
| Stock | |||||||||
| Debtors | 46,486 | -1,210,307 | -382,165 | 1,227,669 | -1,872,003 | 1,981,651 | 902,592 | 103,444 | 100 |
| Creditors | -2,362 | -15,485 | 3,592 | 13,730 | -959 | 1,484 | |||
| Accruals and Deferred Income | -232,752 | 10,903 | -113,909 | 177,742 | 151,238 | 1,708 | 5,070 | ||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | 1,069,898 | -570,981 | 2,641,079 | -1,333,991 | -1,022,516 | -159,727 | |||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -2,534,288 | 2,534,230 | -1,743,777 | -2,924,852 | 3,479,801 | 897,358 | 291,528 | ||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | 7 | 147 | |||||||
| cash flow from financing | 2,534,230 | -1,743,777 | -2,924,852 | 3,979,808 | 897,505 | 291,528 | |||
| cash and cash equivalents | |||||||||
| cash | -3,657,910 | 3,604,128 | -2,314,758 | -283,773 | 2,645,817 | -125,305 | 131,801 | ||
| overdraft | |||||||||
| change in cash | -3,657,910 | 3,604,128 | -2,314,758 | -283,773 | 2,645,817 | -125,305 | 131,801 |
wave transfer limited Credit Report and Business Information
Wave Transfer Limited Competitor Analysis
Perform a competitor analysis for wave transfer limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in EC3M area or any other competitors across 12 key performance metrics.
wave transfer limited Ownership
WAVE TRANSFER LIMITED group structure
Wave Transfer Limited has no subsidiary companies.
Ultimate parent company
WORLDREMIT CORP
#0169870
1 parent
WAVE TRANSFER LIMITED
09627585
wave transfer limited directors
Wave Transfer Limited currently has 2 directors. The longest serving directors include Miss Natasha Francis (Oct 2020) and Mr Philip Doyle (Dec 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Natasha Francis | England | 48 years | Oct 2020 | - | Director |
| Mr Philip Doyle | England | 45 years | Dec 2022 | - | Director |
P&L
December 2023turnover
3.3m
+7%
operating profit
62k
0%
gross margin
25.8%
-2.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
797.5k
+0.06%
total assets
797.5k
+0.06%
cash
0
0%
net assets
Total assets minus all liabilities
wave transfer limited company details
company number
09627585
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
June 2015
age
10
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
51 eastcheap, london, EC3M 1DT
Bank
-
Legal Advisor
-
wave transfer 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 4 charges/mortgages relating to wave transfer limited. Currently there are 0 open charges and 4 have been satisfied in the past.
wave transfer 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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wave transfer limited Companies House Filings - See Documents
| date | description | view/download |
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