Wave Advertising Limited

Wave Advertising, a UK-based company, has undergone a significant transformation, evolving from a consumer engagement agency to a fully integrated advertising agency. Founded in 2000, the company, now based in Reading, boasts a rich history of connecting brands with consumers, initially focusing on instore communication and field force strategies. The company employs 16 people and holds £360,000 in net assets.

The agency’s website highlights a diverse range of services, including creative advertising, event activations, and digital marketing, catering to clients across various sectors. Recent projects showcased include mall activations for brands like Whirlpool and Sun Plaza, as well as campaigns for ride-sharing services and consumer promotions. They're also active in product sampling, and have collaborated with PANINI for over a decade.

Financially, Wave Advertising presents a mixed picture. Cash reserves have grown by a healthy 10%, reaching £790,000, and trade debtors have increased by 55%, rising to £460,000. However, accrued liabilities have decreased significantly, dropping 77% to £5,000, and net current assets have fallen 11% to £340,000. Creditors have risen sharply, increasing 42% to £1.1 million, and other debt increased by 400% to £67,000. The company’s property, plant, and equipment has also increased by 3% to £21,000. The increase in creditors and debtors could be due to the company’s growth and expanding client base, but the decrease in accrued liabilities is a bit surprising.

The company’s accounts are unaudited and exempt from an audit, relying on director-reported data. With no auditor mentioned, it's difficult to independently verify the numbers. The company’s growth strategy appears to be focused on expanding its service offerings and leveraging data-driven insights—but the financial figures suggest it may be burning through cash a little faster than it’s bringing it in.

Registered in England/Wales under the registration number 05395910, with a registered address at RG1 2QU, England, Reading, Berkshire, 87 Southampton Street.

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