WAYVE TECHNOLOGIES LTD
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Cash
£887M
+649.4% highest in 4 filed years
Net assets
£895M
+575.1% highest in 4 filed years
Employees
263
+30.2% highest in 4 filed years
Profit before tax
-£62M
-50.8% vs 2023
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2024-08-31
| Metric | Trend | 2019-08-31 | 2020-08-31 | 2023-08-31 | 2024-08-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | |
| Operating profit | — | — | -£45,288,150 | -£81,781,672 | -80.6% | |
| Profit before tax | — | — | -£41,196,043 | -£62,140,426 | -50.8% | |
| Net profit | — | — | -£34,824,518 | -£61,752,056 | -77.3% | |
| Cash | £15,443,590 | £21,311,628 | £118,294,544 | £886,556,336 | +649.4% | |
| Total assets less current liabilities | £15,961,501 | £22,247,815 | £133,264,427 | £895,199,220 | +571.7% | |
| Net assets | £15,961,501 | £11,667,815 | £132,612,073 | £895,199,220 | +575.1% | |
| Equity | £15,961,501 | £11,667,815 | £132,612,073 | £895,199,220 | +575.1% | |
| Average employees | 35 | 45 | 202 | 263 | +30.2% | |
| Wages | — | — | £21,016,888 | £31,055,003 | +47.8% | |
| Directors' remuneration | — | — | £168,750 | £316,740 | +87.7% |
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 | 2019-08-31 | 2020-08-31 | 2023-08-31 | 2024-08-31 |
|---|---|---|---|---|---|
| Return on capital employed | — | — | -34.0% | -9.1% | |
| Gearing (liabilities / total assets) | — | — | 2.2% | 1.5% | |
| Current ratio | — | — | 58.67x | 66.94x |
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
- Price Bailey LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors maintain cash flow forecasts which reflect the capital deployment plan required for the Group to achieve these technological and commercial milestones. The forecasts also account for wider market-related impacts such as inflation and supply chain issues. These forecasts cover a period of more than 12 months from the date of approval of these financial statements. This demonstrates that the Group can operate with its available financial resources even as it records a loss in the financial year. The directors therefore deem it appropriate to prepare the financial statements on a going concern basis.”
Group structure
- WAYVE TECHNOLOGIES LTD · parent
- Wayve Technologies Inc 100%
- Wayve Technologies Canada Limited 100%
- Wayve AI Technologies Israel Limited 100%
- Wayve Technologies (Expansion) Limited 100%
Significant events
- “In early 2025, the Group incorporated a subsidiary in Japan and launched a branch in Germany. These two locations will run a fleet of vehicles, as well as providing proximity to major global car manufacturers.”
- “During the financial year the Group completed its Series C financing for a total of £802 million led by Softbank Group, Microsoft Corporation and NVIDIA.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHANDRATILLAKE, Suranga, Mr. | Director | 2026-02-11 | Oct 1977 | British,American |
| KENDALL, Alex Guy | Director | 2017-08-21 | Aug 1992 | New Zealander |
| MATSUI, Kentaro | Director | 2024-04-25 | Feb 1973 | Japanese |
| WINTERROTH, Seth | Director | 2019-07-01 | Dec 1989 | American |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DEMPSEY, Michael | Director | 2017-09-29 | 2026-02-11 |
| MATUSCHKA, Gabriel | Director | 2017-09-29 | 2019-07-01 |
| SHAH, Amar, Dr | Director | 2017-08-21 | 2020-04-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Softbank Group Corp | Corporate entity | Shares 25–50%, Voting 25–50% | 2024-04-25 | Active |
| Alex Guy Kendall | Individual | Shares 25–50%, Voting 25–50% | 2020-10-08 | Ceased 2022-10-06 |
| Dr Amar Shah | Individual | Shares 25–50%, Voting 25–50% | 2017-08-21 | Ceased 2019-07-10 |
| Mr Alex Guy Kendall | Individual | Shares 25–50%, Voting 25–50% | 2017-08-21 | Ceased 2019-07-10 |
Filing timeline
Last 20 of 286 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-03-07 RESOLUTIONS Resolution
- 2026-03-07 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-09 | SH08 | capital | Capital name of class of shares | |
| 2026-05-05 | SH01 | capital | Capital allotment shares | |
| 2026-04-20 | SH01 | capital | Capital allotment shares | |
| 2026-03-17 | SH02 | capital | Capital alter shares redemption statement of capital | |
| 2026-03-10 | SH01 | capital | Capital allotment shares | |
| 2026-03-07 | RESOLUTIONS | resolution | Resolution | |
| 2026-03-07 | MA | incorporation | Memorandum articles | |
| 2026-02-25 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-25 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-06 | SH08 | capital | Capital name of class of shares | |
| 2026-02-06 | SH08 | capital | Capital name of class of shares | |
| 2026-02-06 | SH08 | capital | Capital name of class of shares | |
| 2026-01-29 | SH01 | capital | Capital allotment shares | |
| 2026-01-26 | SH08 | capital | Capital name of class of shares | |
| 2026-01-26 | SH08 | capital | Capital name of class of shares | |
| 2026-01-26 | SH08 | capital | Capital name of class of shares | |
| 2025-12-21 | SH08 | capital | Capital name of class of shares | |
| 2025-12-21 | SH08 | capital | Capital name of class of shares | |
| 2025-12-21 | SH08 | capital | Capital name of class of shares | |
| 2025-12-21 | SH08 | capital | Capital name of class of shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 16
- Officers appointed
- 1
- Officers resigned
- 1
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.