Redwave Labs Ltd

Redwave Labs Ltd, based in Didcot, Oxfordshire, is a small, active company founded 21 years ago. With 15 employees and £1,023,151 in assets, it operates from a shared business park and is led by three directors and one owner. The company regularly imports optical and medical tools and devices—a trend spanning 30 months—while exporting nothing for a remarkable 93 months.

The company’s website reveals a fascinating blend of custom electronics design and manufacturing, specializing in photonics. RedWave Labs caters to industrial, environmental, and quantum technologies, offering services from prototype development to full-scale production. Their expertise extends to data acquisition, power supplies, laser controllers, and even absorption spectroscopy, with a focus on high-quality, custom solutions. They offer off-the-shelf solutions, and even boast a client base that includes industry leaders, with a focus on streamlining instruments and reducing power consumption.

Financially, Redwave Labs shows a mixed picture. Cash bank on hand decreased by 32% to £230,000, while current assets increased by 28% to £1,000,000. Trade debtors surged by a staggering 79%, reaching £630,000, suggesting potential challenges in collecting payments. However, creditors decreased by 87%, which could indicate improved debt management. The company’s small size—meeting two of three criteria for being a small company—helps it remain flexible. Advances credits to directors increased by 120%, which might indicate increased investment in the business, or perhaps a shift in management compensation. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Redwave Labs appears to be navigating a period of change. While its core business of custom electronics design and manufacturing seems to be thriving, the financial data suggests a need for careful monitoring of cash flow and debtor management.

Registered in England/Wales under the registration number 05065838, with a registered address at OX11 0QG, Cntr Didcot, Oxfordshire, Harwell Innovation Centre Building 173 Curie Avenue, Harwell International Business.

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