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WAVE TEK LIMITED Financials

Company number
SC215916Copy
Copy
Registered office
26a Polwarth Gardens, Edinburgh EH11 1LW
Incorporated
19/02/2001

Company snapshot

Status
Active
Employees
3 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£61.10K2025
16.33%vs 2024

2024: £52.52K

Total Assets

£168.90K2025
10.26%vs 2024

2024: £153.18K

Total Liabilities

£107.80K2025
7.09%vs 2024

2024: £100.66K

Employees

32025
+1vs 2024

2024: 2

In 2025, WAVE TEK LIMITED reported net assets of £61.10K. The same filing shows total assets of £168.90K and total liabilities of £107.80K. Reported headcount was 3 in 2025. Total Assets rose from £153.18K in 2024 to £168.90K in 2025 (10.26%). Okredo holds filed figures for 2021–2025; 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

£61.10K2025
16.33%from £52.52K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures WAVE TEK LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£52.61K2023£61.10K2025
+16.1%vs 2023

+7.8% a year compound (CAGR)

Total Assets

£169.87K2023£168.90K2025
-0.6%vs 2023

-0.3% a year compound (CAGR)

Total Liabilities

£117.26K2023£107.80K2025
-8.1%vs 2023

-4.1% a year compound (CAGR)

Employees

2202332025
+50%vs 2023+1

Biggest increase

Employees+50%

2 in 2023 to 3 in 2025

Biggest decrease

Total Liabilities-8.1%

£117.26K in 2023 to £107.80K in 2025

WAVE TEK LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from WAVE TEK 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
36.18%2025
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
63.82%2025
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 WAVE TEK LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£24.50K6.20K52.61K52.52K61.10K
Total Assets£121.49K121.36K169.87K153.18K168.90K
Cash in Bank£–––––
Total Liabilities£96.99K115.16K117.26K100.66K107.80K
Employees33223

WAVE TEK LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for WAVE TEK LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.

WAVE TEK LIMITED reported net assets of £61.10K for 2025. That compares with £52.52K in 2024, a change of 16.33%.

WAVE TEK LIMITED reported total assets of £168.90K for 2025. That compares with £153.18K in 2024, a change of 10.26%.

WAVE TEK LIMITED reported total liabilities of £107.80K for 2025. That compares with £100.66K in 2024, a change of 7.09%.

WAVE TEK LIMITED reported 3 employees in 2025, compared with 2 in 2024.

Between 2023 and 2025, WAVE TEK LIMITED's net assets rose by 16.1%, total assets fell by 0.6%, total liabilities fell by 8.1% and employee numbers rose by 50%. Net assets compounded at 7.8% a year across the two years to 2025, from £52.61K to £61.10K. Reported headcount went from 2 in 2023 to 3 in 2025 (+1).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.