WAVE ACTIVE LIMITED

1. WAVE ACTIVE LIMITED 2023-01-30 → present
2. WAVE LEISURE TRUST LIMITED 2006-01-10 → 2023-01-30
3. LEWES DISTRICT LEISURE TRUST LIMITED 2005-11-14 → 2006-01-10

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

McCabe Ford Williams

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Although uncertainty surrounding inflation and energy pricing past 31 March 2025 remains, the Charity has produced forecasts that indicate the Charitable Company will remain able to meet its financial obligations as they fall due for the foreseeable future. Therefore, the Board is confident that no material uncertainty exists that would put doubt on the Charity's ability to continue as a going concern and has therefore produced the financial statements on a going concern basis.”

Group structure

1. WAVE ACTIVE LIMITED · parent
   1. Wave Active Ventures Limited 100% · UK · Dormant

Significant events

• “The Fort was closed for 12 months whilst works were carried out and when it re-opened the impact was palpable. The project had been completed on budget and on time, but, beyond that, the quality of the refurbishment was transformational, notably the reworked exhibitions within the Fort's casemates.”
• “Since it opened in February 2025, BBC Radio Sussex has broadcast from the Fort, Carol Kirkwood from BBC Breakfast broadcast the weather from the Fort and in April, the Charity received a Royal Visit from the Duke of Gloucester who was impressed with what has been achieved.”
• “Saltdean Lido (commenced 1st May 2023)”
• “Hillbrow Health and Wellbeing, Eastbourne (freehold purchase in partnership with South Downs Health & Care GP Federation. Commenced operation 1st August 2024).”
• “on 26th March 2024 the new partnership was selected as preferred bidder and on 1st August 2024 "Hillbrow Health and Wellbeing" opened to the public.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +20.4%

  £6,487,604 → £7,812,922

• Cash

  -56.3%

  £1,447,031 → £632,962

• Net assets

  +54%

  £2,015,992 → £3,105,253

• Employees

  +2.5%

  319 → 327

• Profit before tax

  +249.5%

  £334,015 → £1,167,261

• Wages

  +11.4%

  £3,171,965 → £3,533,897

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers