Cash

£509K

-72.6% vs 2021

Net assets

£446K

-63.4% vs 2021

Employees

40

+21.2% vs 2021

Profit before tax

£306K

-66.7% vs 2021

Profile

Company number
06465540
Status
Active
Incorporation
2008-01-07
Last accounts made up
2025-03-31
Account category
FULL
Primary SIC
62090
Hubs
UK AI & Enterprise SaaS

Net assets

4-year trend · vs UK AI & Enterprise SaaS median

£0£1m£2m2020202020212021
OPAL WAVE SOLUTIONS LIMITED

Accounts

4-year trend · latest 2021-12-31

Metric Trend 2020-03-312020-04-012021-03-312021-12-31
Turnover £5,127,192£4,112,476
Operating profit £917,690£306,011
Profit before tax £917,690£306,011
Net profit £743,328£270,679
Cash £768,864£1,860,634£509,245
Total assets less current liabilities £1,112,788
Net assets £1,065,977£1,219,056£446,004
Equity £1,065,977£1,065,977£1,219,056£446,004
Average employees 303340
Wages

Values shown as filed in iXBRL accounts. indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers

Audit & accounting basis

From AI-extracted PDF accounts

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Abridged
Yes — abridged accounts (limited disclosure)
Going concern
Material uncertainty disclosed

“The financial statements have been prepared on a basis other than that of going concern as the company will not be continuing in business in the foreseeable future. As required by UK accounting standards, the directors have prepared the financial statements on the basis that the Company is no longer a going concern.”

Subsidiaries

Significant events

Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers

People

4 active · 11 resigned

Name Role Appointed Born Nationality
BRADING, Justin John Director 2023-11-07 Jul 1964 British
CZYMEK-LAUER, Nicola Andrea Director 2025-06-10 Jul 1970 German
NEWMAN, Philip James Director 2023-11-07 Dec 1958 British
ROTTER, Norbert Director 2023-11-07 Dec 1967 German
Show 11 resigned officers
Name Role Appointed Resigned
BELL, Rebecca Secretary 2019-10-17 2021-06-11
JONES, Rebecca Secretary 2008-01-07 2014-07-16
KHAN, Anfia Secretary 2019-10-17 2021-06-11
BELL, Simon Francis Director 2008-01-07 2023-11-07
CASWELL, Ian Edward Director 2021-06-11 2022-02-01
DELUCA, Vince, Mr. Director 2022-01-25 2023-11-07
GABRIEL, Christopher John Director 2021-06-11 2025-05-19
HERMAN, Ivor Laurence Director 2008-04-01 2022-04-01
KHAN, Ahtishaam Director 2008-04-01 2023-03-31
O'NEILL-KING, Vicki, Mrs. Director 2022-01-25 2023-11-07
PUERZER, Juergen Director 2023-11-07 2024-03-20

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Ntt Data Business Solutions Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2024-03-26 Active
Muscovite Bidco Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2021-06-11 Ceased 2024-03-26

Filing timeline

Last 20 of 119 total filings

Date Type Category Description
2026-03-26 SH19 capital capital statement capital company with date currency figure
2026-03-26 SH20 capital legacy
2026-03-26 CAP-SS insolvency legacy
2026-03-26 RESOLUTIONS resolution resolution
2026-02-19 AA accounts accounts with accounts type full
2026-01-14 CS01 confirmation-statement confirmation statement with no updates
2025-11-13 AA accounts accounts with accounts type small
2025-06-10 AP01 officers appoint person director company with name date
2025-05-19 TM01 officers termination director company with name termination date
2024-12-31 CS01 confirmation-statement confirmation statement with updates
2024-04-10 PSC02 persons-with-significant-control notification of a person with significant control
2024-04-10 PSC07 persons-with-significant-control cessation of a person with significant control
2024-03-21 TM01 officers termination director company with name termination date
2024-01-24 CS01 confirmation-statement confirmation statement with no updates
2024-01-10 AA01 accounts change account reference date company current extended
2024-01-10 AA accounts accounts with accounts type full
2023-11-08 TM01 officers termination director company with name termination date
2023-11-08 TM01 officers termination director company with name termination date
2023-11-08 TM01 officers termination director company with name termination date
2023-11-08 AP01 officers appoint person director company with name date

Credit score

Altman Z″ (private-firm) · reference 2021-12-31

1.87

GREY ZONE

Altman Z″

  • Working capital / Total assets 0.136 × 6.56 = +0.89
  • Retained earnings / Total assets 0.000 × 3.26 = +0.00
  • EBIT / Total assets 0.115 × 6.72 = +0.77
  • Book equity / Total liabilities 0.201 × 1.05 = +0.21

Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.

Activity Score

Filings velocity, capital events, officer churn, accounts trajectory

Activity Score not yet computed for this company.

Official Companies House page