# WAVE DIRECT LIMITED (10899276)

> WAVE DIRECT LIMITED is an active private limited company (company number 10899276) incorporated on 4 August 2017, registered in Gosforth. Its registered activity is wholesale of other machinery and equipment (SIC 46690). Latest small accounts cover the period ending 31 October 2025, showing net assets of −£234k and cash of £407k, with 20 employees on average. Net assets fell 108% on the prior period (−£113k).

- Status: Active
- Incorporated: 2017-08-04
- Registered office: Gosforth, NE3 1XD
- SIC 46690: Wholesale of other machinery and equipment
- Next accounts due: 2027-07-31
- Confirmation statement due: 2027-08-18
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 2,692 comparable companies in the UK (median £25k, upper quartile £276k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-10-31 | −£234k | £407k | £365k | £2.49m | — | — | 20 |
| 2024-10-31 | −£113k | £203k | £224k | £1.99m | — | — | 19 |

current ratio 0.87; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-234,251 at 31 October 2025
- Net assets down 25% or more on the prior period: -107.8% vs prior period
- Current assets below creditors within one year: Current ratio 0.87
- Cash at bank of £50,000 or more: Cash £406,714
- Incorporated five or more years ago: Incorporated 4 August 2017

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Daniel Simon Luper — owns 25–50% of shares; holds 25–50% of voting rights, since 2017-08-04
- Growth Partner Llp (corporate-entity) — owns 25–50% of shares; holds 25–50% of voting rights, since 2021-03-02

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/10899276
HTML: https://firmoscan.com/company/10899276-wave-direct-limited