New Wave Concepts Limited

New Wave Concepts Limited is a small, active company based in Cambridge, UK, founded 26 years ago in 1999. With two employees and £115,236 in assets, it’s a modest operation managed by three directors and two owners. The company is an irregular importer, primarily dealing with electrical machinery and equipment, with the most recent import activity occurring two months ago in September 2023.

The company's website highlights its role as a leading publisher of electronics CAD software, including popular titles like PCB Wizard, Livewire, and Circuit Wizard. These products are used in thousands of schools, colleges, and businesses worldwide, emphasizing technological excellence and innovation. The site offers free trial software, technical support, and showcases its commitment to electronics design and simulation.

Financially, New Wave Concepts Limited presents a mixed picture. Cash reserves have significantly decreased by 31%, falling to £81,000, while current assets have also dropped by 22% to £120,000. Trade debtors have seen a substantial decline of 57%, suggesting improved collection efforts, however creditors have increased by 11% to £120,000. Equity has taken a sharp hit, falling 100% to -£210, with retained earnings experiencing a similar drop. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the decrease in equity is a cause for concern. No auditor is mentioned, likely due to the company's exemption as a small entity.

Overall, New Wave Concepts Limited appears to be facing financial pressures, despite its reputation for quality software. Whether it can maintain its position in the electronics CAD market remains to be seen, but its long history and established product line provide a solid foundation.

Registered in England/Wales under the registration number 03697735, with a registered address at CB4 0WS, Cambridge, Cambridgeshire, St John's Innovation Centre, Cowley Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.