THE WAVE PROJECT
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Next accounts due
2026-10-31 (in 5mo)
Last filed for 2025-01-31
Confirmation statement due
2027-01-25 (in 8mo)
Last made up 2026-01-11
Watchouts
None on the register
Cash
£405K
+19.6% vs 2024
Net assets
£617K
-9.2% vs 2024
Employees
40
+5.3% vs 2024
Profit before tax
-£63K
-915% vs 2024
Name history
Renamed 1 time since incorporation
- THE WAVE PROJECT 2015-08-05 → present
- THE WAVE PROJECT CIC 2011-01-11 → 2015-08-05
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-01-31
| Metric | Trend | 2024-01-31 | 2025-01-31 |
|---|---|---|---|
| Turnover | £1,616,777 | £1,589,299 | |
| Operating profit | — | — | |
| Profit before tax | £7,688 | -£62,654 | |
| Net profit | £7,688 | -£62,654 | |
| Cash | £338,785 | £405,283 | |
| Total assets less current liabilities | £679,922 | £617,268 | |
| Net assets | £679,922 | £617,268 | |
| Equity | £679,922 | £617,268 | |
| Average employees | 38 | 40 | |
| Wages | £912,953 | £966,583 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-01-31 | 2025-01-31 |
|---|---|---|---|
| Net margin | 0.5% | -3.9% | |
| Current ratio | 6.94x | 9.45x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Bishop Fleming LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The accounts are prepared on a going concern basis which assumes the Trust will continue to operate for the foreseeable future. The Trustees consider this to be appropriate having regard to the circumstances outlined in Note 2.2 to the accounts.”
Group structure
- THE WAVE PROJECT · parent
- The Wave Project Retail Limited 1%
Significant events
- “The year has been one of significant change for the Charity. The focus has been to establish a sound foundation from which to drive future growth. As part of this process, a new senior leadership structure, including a new CEO, was put in place in Spring 2024. A number of strategic decisions, including the closure of the non-core Education department, have been taken and both internal and external reviews undertaken to strengthen the Charity.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 24 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DREGHORN, Gary James | Director | 2025-04-22 | Oct 1968 | British |
| JONES, Richard Alunn Lloyd | Director | 2025-04-22 | Sep 1974 | British |
| KEYLOCK, Caroline Louise | Director | 2025-04-22 | Oct 1977 | British |
| MUNDAY, Sally Elizabeth | Director | 2022-07-25 | Mar 1972 | British |
| MURPHY, John Graham | Director | 2025-04-22 | Feb 1982 | British |
| PARKER, Rachael | Director | 2025-04-22 | Jul 1973 | British |
| ROBERTSON, William James | Director | 2019-08-30 | May 1978 | British |
Show 24 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARCHER-BROWN, Christopher James, Dr | Director | 2016-08-01 | 2019-04-28 |
| BITMEAD, Paul | Director | 2017-04-25 | 2018-01-08 |
| BROWN, Andrew Paul | Director | 2019-04-29 | 2023-04-24 |
| EVANS, Ben | Director | 2017-04-25 | 2022-02-15 |
| EVERARD, Sophie | Director | 2021-07-26 | 2023-04-24 |
| HAGE, Antoinette | Director | 2018-01-08 | 2021-04-26 |
| HARTGROVES, Lesley Ann | Director | 2011-02-02 | 2016-04-20 |
| HOOPER, Graham Leslie | Director | 2020-04-27 | 2024-08-05 |
| JOHNSON, Emily | Director | 2019-04-29 | 2022-05-16 |
| JONES, Broni | Director | 2016-08-01 | 2018-01-08 |
| LEWIS, Joanne Elizabeth, Dr | Director | 2011-01-26 | 2017-01-18 |
| MASTERS, James Alan | Director | 2019-04-29 | 2021-07-26 |
| MCCARTNEY, Eleanor | Director | 2016-08-01 | 2017-07-24 |
| OLIVER, Alison Mary | Director | 2024-02-01 | 2025-06-24 |
| PARRY, Robin Stuart | Director | 2011-01-11 | 2019-10-14 |
| PEARSON, Anita Louise, Dr | Director | 2020-04-27 | 2022-07-25 |
| SIMPSON, Wallace Brett | Director | 2020-07-27 | 2025-06-24 |
| STANTON, Terence Harvey | Director | 2011-01-26 | 2016-04-20 |
| SUMMERSIDE, Kate | Director | 2016-08-01 | 2017-07-24 |
| TAYLOR, Peter William | Director | 2011-01-26 | 2018-06-16 |
| TAYLOR, Tamsin Elanor | Director | 2011-01-11 | 2017-04-10 |
| THOMAS, Wendy Anne, Doctor | Director | 2012-07-02 | 2020-04-27 |
| WAY, Mathew David | Director | 2016-08-01 | 2019-01-25 |
| WILLMOTT, Brender | Director | 2018-04-16 | 2021-10-25 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 99 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-09 | CH01 | officers | Change person director company with change date | |
| 2026-01-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-24 | AA | accounts | Accounts with accounts type group | |
| 2025-06-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-23 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-22 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-22 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-22 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-16 | AA | accounts | Accounts with accounts type group | |
| 2024-08-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-15 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-17 | AA | accounts | Accounts with accounts type group | |
| 2023-07-19 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-19 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-21 | TM01 | officers | Termination director company with name termination date | |
| 2023-02-06 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-01-31 vs 2024-01-31
-
Turnover
-1.7%
£1,616,777 £1,589,299
-
Cash
+19.6%
£338,785 £405,283
-
Net assets
-9.2%
£679,922 £617,268
-
Employees
+5.3%
38 40
-
Profit before tax
-915%
£7,688 -£62,654
-
Wages
+5.9%
£912,953 £966,583
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