Wave International Limited

Wave International Ltd, based in Colsterworth, Grantham, UK, is a small holding company with an active status. Founded 24 years ago in 2000, it employs just three people and holds £87,890 in assets. The company has one director and one owner, and operates from a real address. It's an irregular importer of optical and medical tools and devices (one month of imports) but a regular exporter of machinery, boilers, and mechanical appliances (22 months of exports).

The company’s website highlights its focus on marine filtration systems, positioning itself as a leading provider of advanced systems designed to keep waterways pollution-free. It manufactures a complete range of ecological marine systems, including bilge and grey water systems, and distributes its products worldwide through a network of focused distributors. The company caters to a variety of customers, from superyachts to rescue services and recreational boat owners. It's clear that Wave International is focused on a niche market, emphasizing quality and environmental responsibility.

Financially, Wave International Ltd shows a mixed picture. Current assets have decreased by 20% to £88,000, while net assets have fallen by 3.8% to £19,000. Cash bank on hand has also dropped significantly, by 48% to £20,000. However, creditors have also decreased, suggesting improved debt management. The company meets the criteria for a small company, with turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

The decrease in cash reserves and net assets, despite a reduction in creditors, indicates that Wave International may be burning through money. It’s possible that increased operating expenses or investments in marketing are contributing to this trend. The company’s small size provides agility, but the financial pressures require careful monitoring.

Registered in England/Wales under the registration number 04073589, with a registered address at NG33 5NP, Colsterworth Grantham, Lincolnshire, Axholme Lodge, Newton Way, Woolsthorpe By.

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