WAVE 9 MANAGED SERVICES LIMITED Financials
- Company number
- 00755965CopyCopy
- Registered office
- Unit E2, 18 Knowl Piece, Wilbury Way, Hitchin SG4 0TY
- Incorporated
- 01/04/1963
Company snapshot
- Status
- Active
- Employees
- 14 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
75.04%vs 20222022: £405.91K
Total Assets
18.29%vs 20222022: £2.95M
Cash in Bank
56.08%vs 20222022: £1.05M
Total Liabilities
9.24%vs 20222022: £2.55M
Employees
+1vs 20222022: 13
In 2023, WAVE 9 MANAGED SERVICES LIMITED reported net assets of £710.50K. The same filing shows total assets of £3.49M, cash in bank of £1.63M and total liabilities of £2.78M. Reported headcount was 14 in 2023. Cash in Bank rose from £1.05M in 2022 to £1.63M in 2023 (56.08%). Okredo holds filed figures for 2021–2023; 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
75.04%from £405.91K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures WAVE 9 MANAGED SERVICES LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+271%vs 2021+92.7% a year compound (CAGR)
Cash in Bank
+103%vs 2021+42.4% a year compound (CAGR)
Total Assets
+74.1%vs 2021+31.9% a year compound (CAGR)
Total Liabilities
+53.3%vs 2021+23.8% a year compound (CAGR)
Employees
+27.3%vs 2021+3Biggest increase
Net Assets+271%
£191.29K in 2021 to £710.50K in 2023
Every indicator Okredo holds for WAVE 9 MANAGED SERVICES LIMITED rose between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from WAVE 9 MANAGED SERVICES LIMITED'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
- 20.34%2023
- 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
- 79.66%2023
- 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.
- Cash to liabilities
- 58.75%2023
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 46.80%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for WAVE 9 MANAGED SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 191.29K | 405.91K | 710.50K |
| Total Assets£ | 2.01M | 2.95M | 3.49M |
| Cash in Bank£ | 806.30K | 1.05M | 1.63M |
| Total Liabilities£ | 1.81M | 2.55M | 2.78M |
| Employees | 11 | 13 | 14 |
WAVE 9 MANAGED SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WAVE 9 MANAGED SERVICES LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
WAVE 9 MANAGED SERVICES LIMITED reported net assets of £710.50K for 2023. That compares with £405.91K in 2022, a change of 75.04%.
WAVE 9 MANAGED SERVICES LIMITED reported total assets of £3.49M for 2023. That compares with £2.95M in 2022, a change of 18.29%.
WAVE 9 MANAGED SERVICES LIMITED reported cash in bank of £1.63M for 2023. That compares with £1.05M in 2022, a change of 56.08%.
WAVE 9 MANAGED SERVICES LIMITED reported 14 employees in 2023, compared with 13 in 2022.
Between 2021 and 2023, WAVE 9 MANAGED SERVICES LIMITED's net assets rose by 271%, cash in bank rose by 103%, total assets rose by 74.1% and total liabilities rose by 53.3%. Net assets compounded at 92.7% a year across the two years to 2023, from £191.29K to £710.50K. Reported headcount went from 11 in 2021 to 14 in 2023 (+3).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.