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WAVESIGHT LIMITED
UNIT 13 SUNDON BUSINESS PARK, DENCORA WAY, SUNDON PARK, LUTON, BEDFORDSHIRE, LU3 3HPPrevious name: WAVELENGTH SOLUTIONS LIMITED (changed on 07-Feb-2005)
Previous name: DECKHILL LIMITED (changed on 28-Oct-2004)
Company Number: 05158324
Incorporation date: 21-Jun-2004
Status: Active
Entity type: Private Limited Company
SIC codes:
26301 Manufacture of telegraph and telephone apparatus and equipment
26309 Manufacture of communication equipment other than telegraph, and telephone apparatus and equipment
SUMMARY
This company is 19.8 years old and is currently active. It is controlled by Wavesight Holdings Limited. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -1.7 million which has worsened since the previous year's figure of GBP -1.6 million. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -82.7 thousand in the last reported period. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -1.7 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 2 active officers (directors or partners) who are or were officers of 17 other companies, 6 (35.3%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Sep-2024Accounts Filed: TOTAL EXEMPTION FULL (31-Dec-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Dec-2022 | GBP | 11,201 | 1,402,932 | 3,099,876 | 23,388 | 81 | -1,720,413 | -1,720,332 | |
31-Dec-2021 | GBP | 12,765 | 1,374,300 | 2,978,795 | 34,399 | 81 | -1,637,709 | -1,637,628 | |
31-Dec-2020 | GBP | 7,691 | 1,325,424 | 2,782,380 | 50,000 | 81 | -1,501,657 | -1,501,576 | |
31-Dec-2019 | GBP | 3,052 | 1,692,817 | 3,285,686 | 81 | -1,584,116 | -1,584,035 | ||
31-Dec-2018 | GBP | 1,271,433 | 2,485,075 | -1,202,112 | |||||
31-Dec-2017 | GBP | 607,538 | 4,317,297 | -3,695,486 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|---|---|---|---|---|---|
31-Dec-2019 | GBP | 100.00% | 81 | 0 | 81 | -1,486 |
** Estimated based on average Cash and Debt levels during period
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Active | Anmol Kumar SOOD | 25 Jul 2008 | 17 Apr 2024 | 3 - 2 | ||
Resigned | Rajesh Kumar SOOD | 22 Jan 2007 | 25 Jul 2008 | 11 - 16 | ||
Resigned | Martin SMULIAN | 30 Sep 2004 | 22 Jan 2007 | British | 1 - 15 | |
Resigned | Virginia KHOURY | 06 Aug 2004 | 30 Sep 2004 | 0 - 2 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Anmol Kumar SOOD | 27 Feb 2008 | Chartered Accountant | British | 10 - 8 | 6 (33.3%) | |
Resigned | Rajesh Kumar SOOD | 22 Jan 2007 | 23 Jun 2009 | Accountant | British | 11 - 16 | 8 (29.6%) |
Resigned | John Steven PITTOM | 22 Jan 2007 | 30 Jun 2014 | Salesman | British | 3 - 3 | 2 (33.3%) |
Active | Pravin Kumar, Chairman SOOD | 22 Jan 2007 | Chairman | British | 9 - 6 | 5 (33.3%) | |
Resigned | Feisal JAFFER | 20 Sep 2006 | 22 Jan 2007 | Director | British | 0 - 4 | 3 (75.0%) |
Resigned | Ronan Anthony SMITH | 30 Sep 2004 | 09 Sep 2008 | Chief Executive Officer | Irish | 0 - 13 | 7 (53.8%) |
Resigned | Stephen JORDAN | 30 Sep 2004 | 09 Sep 2008 | Electronics Engineer | British | 0 - 3 | 0 (0.0%) |
Resigned | Frederick Farhad FAHID | 30 Sep 2004 | 22 Jan 2007 | Venture Capitalist | British | 0 - 5 | 3 (60.0%) |
Resigned | Adosh CHATRATH | 06 Aug 2004 | 30 Sep 2004 | Solicitor | British | 0 - 24 | 14 (58.3%) |
Resigned | SWIFT INCORPORATIONS LIMITED | 21 Jun 2004 | 06 Aug 2004 | 3 - 82596 | 35499 (43.0%) | ||
Resigned | INSTANT COMPANIES LIMITED | 21 Jun 2004 | 06 Aug 2004 | 3 - 28744 | 13143 (45.7%) |
Average tenure of active directors: 16.7 years
Average tenure of resigned directors: 2.3 years
Average active director Dissolution Rate: 33.3%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
Name
|
|||
---|---|---|---|
JALTEK DESIGN SERVICES LIMITED (02125286) - Active | ✔ | ✔ | |
JALTEK SYSTEMS LIMITED (02312905) - Active | ✔ | ✔ | |
ABRA CAD MANUFACTURING LIMITED (03178157) - Dissolved | ✔ | ||
HIDALGO LIMITED (03315718) - Active | ✔ | ✔ | |
ABRA CAD LIMITED (03406337) - Dissolved | ✔ | ✔ | |
WAVESIGHT LIMITED (05158324) - Active | ✔ | ✔ | |
FRONTIER RESEARCH DEVELOPMENTS LIMITED (05324402) - Dissolved | ✔ | ||
EQUIVITAL LIMITED (06072004) - Active | ✔ | ✔ | |
PRANEKKA DEVELOPMENTS LTD (06184425) - Dissolved | ✔ | ||
LOCATE SALES & MARKETING LIMITED (06522886) - Active | ✔ | ||
JALTEK TELEMATICS LIMITED (08229536) - Dissolved | ✔ | ✔ | |
ESSENTIAL PROGRESS LIMITED (09321419) - Liquidation | ✔ | ||
JALTEK HOLDINGS LIMITED (09321445) - Active | ✔ | ✔ | |
WAVESIGHT HOLDINGS LIMITED (09323074) - Active | ✔ | ✔ | |
EQUIVITAL HOLDINGS LIMITED (09323097) - Active | ✔ | ✔ | |
EQUIVITAL HEALTHCARE LIMITED (09360672) - Dissolved | ✔ | ✔ | |
GLOBAL ALTERNATIVES HOLDINGS LIMITED (09764580) - Active | ✔ | ||
IRIS TECHNOLOGY LIMITED (SC214445) - Active | ✔ | ✔ |
SHAREHOLDERS (BETA)
No shareholder data available
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
WAVESIGHT LIMITED
no controlled companies
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
26301 Manufacture of telegraph and telephone apparatus and equipment)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
OCLARO TECHNOLOGY LIMITED | CASWELL, TOWCESTER, NORTHAMPTONSHIRE, NN12 8EQ | 02298887 | 2018-06-30 | 297,643,000 | 28,291,000 |
26701-Manufacture of optical precision instruments |
CAPITA SECURE INFORMATION SOLUTIONS LIMITED | 65 GRESHAM STREET, LONDON, ENGLAND, EC2V 7NQ | 01593831 | 2017-12-31 | 174,002,587 | 7,685,721 |
26400-Manufacture of consumer electronics 62090-Other information technology service activities 82990-Other business support service activities not elsewhere classified |
SURFACE TECHNOLOGY INTERNATIONAL LIMITED | 4TH FLOOR, 24, OLD BOND STREET, LONDON, ENGLAND, W1S 4AW | 02292621 | 2018-05-31 | 52,023,000 | 1,538,000 | |
CONTROLLED ELECTRONIC MANAGEMENT SYSTEMS LIMITED | 195 AIRPORT ROAD WEST, BELFAST, BT3 9ED | NI025728 | 2017-09-30 | 20,534,000 | 3,165,000 | |
K LITTLE CONTROL SYSTEMS LIMITED | UNITS 5 & 6, OAKFIELD BUSINESS CENTRE, NORTHACRE INDUSTRIAL PARK, WESTBURY WILTS, BA13 4WF | 04898806 | 2017-10-31 | 431,423 | 0 | |
ZHONE TECHNOLOGIES LIMITED | 54 PORTLAND PLACE, LONDON, ENGLAND, W1B 1DY | 04047862 | 2017-12-31 | 122,234 | 0 | |
CROWCH CONTROL PANELS LIMITED | 8 GRINDLEFORD GRANGE, MANSFIELD, NOTTINGHAMSHIRE, NG18 3FX | 03469189 | 2019-03-31 | 90,915 | 0 | |
D.M.D. ELECTRONIC ENGINEERS LIMITED | 16 OLD FURZEBROOK ROAD, WAREHAM, DORSET, UNITED KINGDOM, BH20 5DD | 00804217 | 2016-05-31 | 22,821 | 0 | |
ALI MOTA LIMITED | 9 ST ANDREWS CLOSE, LEEDS, LS13 1JE | 10418327 | 2018-10-31 | 14,656 | 0 | |
ANSCOM LTD | 57 WESTLAND, MARTLESHAM HEATH, IPSWICH, SUFFOLK, IP5 3SU | 04578413 | 2018-10-31 | 0 | 0 | |
DOVERY TECHNOLOGY LIMITED | 8 THE SQUARE, STOCKLEY PARK, UXBRIDGE, ENGLAND, UB11 1FW | 10395865 | 2018-09-30 | 0 | 0 |
61200-Wireless telecommunications activities 63990-Other information service activities not elsewhere classified |
MOOSETECH INDUSTRIES LTD | 26 WHITEMORE ROAD, GUILDFORD, SURREY, GU1 1QT | 07723733 | 2018-08-31 | 0 | 0 |
26511-Manufacture of electronic measuring, testing etc. equipment, not for industrial process control |
LIQUIDATION RISK (BETA)
This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
---|---|---|---|---|
WAVESIGHT LIMITED | 0.7% | 3.6% | 7.1% | Medium |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.4% | 1.7% | 3.3% | Medium |
Company Type | 0.7% | 3.7% | 7.4% | Medium |
Accounts category | 0.5% | 2.1% | 4.2% | Medium |
Accounting Month | 0.6% | 2.4% | 5.5% | Medium |
Sic code count | 0.8% | 3.8% | 7.5% | Medium |