THE WAVE PROJECT
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Cash
£217k
-46.6% lowest in 3 filed years
Net assets
£653k
+5.8% vs 2025
Employees
36
-10% lowest in 3 filed years
Profit before tax
—
Period ending 2026-01-31
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-01-31
| Metric | Trend | 2024-01-31 | 2025-01-31 | 2026-01-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £1,616,777 | £1,589,299 | £1,752,141 | +10.2% | |
| Operating profit | — | — | — | — | |
| Profit before tax | £7,688 | -£62,654 | — | — | |
| Net profit | £7,688 | -£62,654 | £35,822 | +157.2% | |
| Cash | £338,785 | £405,283 | £216,545 | -46.6% | |
| Total assets less current liabilities | £679,922 | £617,268 | £653,090 | +5.8% | |
| Net assets | £679,922 | £617,268 | £653,090 | +5.8% | |
| Equity | £679,922 | £617,268 | £653,090 | +5.8% | |
| Average employees | 38 | 40 | 36 | -10% | |
| Wages | £912,953 | £966,583 | £969,491 | +0.3% | |
| Directors' remuneration | — | £0 | £0 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-01-31 | 2025-01-31 | 2026-01-31 |
|---|---|---|---|---|
| Net margin | 0.5% | -3.9% | 2.0% | |
| Gearing (liabilities / total assets) | — | 9.1% | 9.4% | |
| Current ratio | 6.94x | 9.45x | 8.35x |
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.
Name history
Renamed 1 time since incorporation
- THE WAVE PROJECT 2015-08-05 → present
- THE WAVE PROJECT CIC 2011-01-11 → 2015-08-05
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Bishop Fleming Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- THE WAVE PROJECT · parent
- The Wave Project Retail Limited
Significant events
- “This financial year also saw the completion of the project enabled by the Shared Prosperity Fund for the Charity's pre-loved wetsuit retail operation, in partnership with SUEZ UK.”
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 101 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-31 | AA | accounts | Accounts with accounts type group | |
| 2026-06-21 | CH01 | officers | Change person director company with change date | |
| 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.