swave tech limited
swave tech limited Company Information
Company Number
09629934
Next Accounts
Mar 2025
Shareholders
ross james tappin
kristina louise bordas
Group Structure
View All
Industry
Business and domestic software development
Registered Address
milepost cottage benenden road, biddenden, ashford, TN27 8BY
Website
-swave tech limited Estimated Valuation
Pomanda estimates the enterprise value of SWAVE TECH LIMITED at £162.2k based on a Turnover of £241.1k and 0.67x industry multiple (adjusted for size and gross margin).
swave tech limited Estimated Valuation
Pomanda estimates the enterprise value of SWAVE TECH LIMITED at £0 based on an EBITDA of £-7.9k and a 4.1x industry multiple (adjusted for size and gross margin).
swave tech limited Estimated Valuation
Pomanda estimates the enterprise value of SWAVE TECH LIMITED at £184.2k based on Net Assets of £77.5k and 2.38x industry multiple (adjusted for liquidity).
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Swave Tech Limited Overview
Swave Tech Limited is a live company located in ashford, TN27 8BY with a Companies House number of 09629934. It operates in the business and domestic software development sector, SIC Code 62012. Founded in June 2015, it's largest shareholder is ross james tappin with a 50% stake. Swave Tech Limited is a established, micro sized company, Pomanda has estimated its turnover at £241.1k with declining growth in recent years.
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Swave Tech Limited Health Check
Pomanda's financial health check has awarded Swave Tech Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £241.1k, make it smaller than the average company (£3.6m)
- Swave Tech Limited
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (8.4%)
- Swave Tech Limited
8.4% - Industry AVG
Production
with a gross margin of 42.1%, this company has a higher cost of product (72.3%)
- Swave Tech Limited
72.3% - Industry AVG
Profitability
an operating margin of -3.3% make it less profitable than the average company (3.6%)
- Swave Tech Limited
3.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (32)
2 - Swave Tech Limited
32 - Industry AVG
Pay Structure
on an average salary of £66.6k, the company has an equivalent pay structure (£66.6k)
- Swave Tech Limited
£66.6k - Industry AVG
Efficiency
resulting in sales per employee of £120.6k, this is equally as efficient (£112.4k)
- Swave Tech Limited
£112.4k - Industry AVG
Debtor Days
it gets paid by customers after 158 days, this is later than average (61 days)
- Swave Tech Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 70 days, this is slower than average (44 days)
- Swave Tech Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Swave Tech Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Swave Tech Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.9%, this is a lower level of debt than the average (61.2%)
25.9% - Swave Tech Limited
61.2% - Industry AVG
SWAVE TECH LIMITED financials
Swave Tech Limited's latest turnover from June 2023 is estimated at £241.1 thousand and the company has net assets of £77.5 thousand. According to their latest financial statements, Swave Tech Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 979 | 1,957 | ||||||
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 979 | 1,957 | ||||||
| Stock & work in progress | ||||||||
| Trade Debtors | 104,623 | 123,285 | 134,035 | 163,285 | 180,588 | 185,722 | 108,512 | |
| Group Debtors | ||||||||
| Misc Debtors | 17,965 | |||||||
| Cash | 111 | |||||||
| misc current assets | 19,694 | 12,849 | ||||||
| total current assets | 104,623 | 123,285 | 134,035 | 163,285 | 198,553 | 205,416 | 121,361 | 111 |
| total assets | 104,623 | 123,285 | 134,035 | 164,264 | 200,510 | 205,416 | 121,361 | 111 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 27,081 | 37,865 | 46,256 | 55,455 | 28,815 | 79,834 | 50,838 | 18,706 |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | ||||||||
| total current liabilities | 27,081 | 37,865 | 46,256 | 55,455 | 28,815 | 79,834 | 50,838 | 18,706 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | ||||||||
| total liabilities | 27,081 | 37,865 | 46,256 | 55,455 | 28,815 | 79,834 | 50,838 | 18,706 |
| net assets | 77,542 | 85,420 | 87,779 | 108,809 | 171,695 | 125,582 | 70,523 | -18,595 |
| total shareholders funds | 77,542 | 85,420 | 87,779 | 108,809 | 171,695 | 125,582 | 70,523 | -18,595 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | -18,662 | -10,750 | -29,250 | -35,268 | 12,831 | 77,210 | 108,512 | |
| Creditors | -10,784 | -8,391 | -9,199 | 26,640 | -51,019 | 28,996 | 32,132 | 18,706 |
| Accruals and Deferred Income | ||||||||
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | ||||||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -111 | 111 | ||||||
| overdraft | ||||||||
| change in cash | -111 | 111 |
swave tech limited Credit Report and Business Information
Swave Tech Limited Competitor Analysis
Perform a competitor analysis for swave tech limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in TN27 area or any other competitors across 12 key performance metrics.
swave tech limited Ownership
SWAVE TECH LIMITED group structure
Swave Tech Limited has no subsidiary companies.
Ultimate parent company
SWAVE TECH LIMITED
09629934
swave tech limited directors
Swave Tech Limited currently has 2 directors. The longest serving directors include Miss Kristina Bordas (Jun 2015) and Mr Ross Tappin (Jun 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Kristina Bordas | England | 45 years | Jun 2015 | - | Director |
| Mr Ross Tappin | England | 43 years | Jun 2015 | - | Director |
P&L
June 2023turnover
241.1k
-9%
operating profit
-7.9k
0%
gross margin
42.2%
-3.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
77.5k
-0.09%
total assets
104.6k
-0.15%
cash
0
0%
net assets
Total assets minus all liabilities
swave tech limited company details
company number
09629934
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
June 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
milepost cottage benenden road, biddenden, ashford, TN27 8BY
Bank
-
Legal Advisor
-
swave tech 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 did not find charges/mortgages relating to swave tech limited.
swave tech 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 SWAVE TECH LIMITED. This can take several minutes, an email will notify you when this has completed.
swave tech limited Companies House Filings - See Documents
| date | description | view/download |
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