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BIG WAVE BRANDS LTD Financials

Company number
11924542Copy
Copy
Registered office
12 Hallmark Trading Estate, Fourth Way, Wembley HA9 0LB
Incorporated
03/04/2019

Company snapshot

Status
Active
Employees
7 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£180.63K2024
-40.87%vs 2023

2023: £305.48K

Total Assets

£270.40K2024
-21.37%vs 2023

2023: £343.91K

Total Liabilities

£89.77K2024
133.61%vs 2023

2023: £38.43K

Employees

72024
+2vs 2023

2023: 5

In 2024, BIG WAVE BRANDS LTD reported net assets of £180.63K. The same filing shows total assets of £270.40K and total liabilities of £89.77K. Reported headcount was 7 in 2024. Net Assets fell from £305.48K in 2023 to £180.63K in 2024 (-40.87%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£180.63K2024
-40.87%from £305.48K in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures BIG WAVE BRANDS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£424.29K2022£180.63K2024
-57.4%vs 2022

-34.8% a year compound (CAGR)

Total Assets

£433.46K2022£270.40K2024
-37.6%vs 2022

-21% a year compound (CAGR)

Total Liabilities

£9.17K2022£89.77K2024
+879%vs 2022

+213% a year compound (CAGR)

Employees

2202272024
+250%vs 2022+5

Biggest increase

Total Liabilities+879%

£9.17K in 2022 to £89.77K in 2024

Biggest decrease

Net Assets-57.4%

£424.29K in 2022 to £180.63K in 2024

BIG WAVE BRANDS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from BIG WAVE BRANDS LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
66.80%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
33.20%2024
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for BIG WAVE BRANDS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£645.54K424.29K305.48K180.63K
Total Assets£736.69K433.46K343.91K270.40K
Cash in Bank£––––
Total Liabilities£91.15K9.17K38.43K89.77K
Employees3257

BIG WAVE BRANDS LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for BIG WAVE BRANDS LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

BIG WAVE BRANDS LTD reported net assets of £180.63K for 2024. That compares with £305.48K in 2023, a change of -40.87%.

BIG WAVE BRANDS LTD reported total assets of £270.40K for 2024. That compares with £343.91K in 2023, a change of -21.37%.

BIG WAVE BRANDS LTD reported total liabilities of £89.77K for 2024. That compares with £38.43K in 2023, a change of 133.61%.

BIG WAVE BRANDS LTD reported 7 employees in 2024, compared with 5 in 2023.

Between 2022 and 2024, BIG WAVE BRANDS LTD's net assets fell by 57.4%, total assets fell by 37.6%, total liabilities rose by 879% and employee numbers rose by 250%. Net assets contracted at 34.8% a year across the two years to 2024, from £424.29K to £180.63K. Reported headcount went from 2 in 2022 to 7 in 2024 (+5).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.