Wave Wahines CIC
Registered name: WAVE WAHINES CIC
Wave Wahines CIC made £13.7k revenue and £2.8k profit in the year to 30 Apr 2025.
Wave Wahines CIC’s revenue was £13.7k in the year to 30 Apr 2025, with £2.8k profit and 0 employees. The company is classified under “activities of sport clubs” and is based in Braunton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Braunton, South West
- Age
- 6 yrs · since 2020
- Type
- Community Interest Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2022 | 31 Jan 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £29.3k | £35.3k | £31.2k | £13.7k |
| Cost of sales | £6.5k | £7.3k | £25.3k | £9.3k |
| Gross profit | £22.8k | £27.9k | £5.9k | £4.4k |
| Operating profit | £20 | −£1.7k | −£64 | £2.8k |
| Profit before tax | £20 | −£1.7k | −£64 | £2.8k |
| Profit after tax | £20 | −£1.7k | −£64 | £2.8k |
| Profit (best available) | £20 | −£1.7k | −£64 | £2.8k |
| Employees (average) | 0 | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | 0.1% | −4.9% | −0.2% | 20.7% |
| Gross margin | 77.8% | 79.3% | 18.9% | 32.4% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲20.4% | — | — |
| Profit growth | — | ▼8710% | — | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £885 | £109 | £2.8k | £4k |
| Net assets | £92 | −£1.6k | −£1.7k | £4k |
| Fixed assets | — | — | £0 | £0 |
| Current assets | £885 | £109 | £2.8k | £4k |
| Debtors | — | — | £0 | £0 |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 20.7%
- Profit ÷ revenue.
- Gross margin
- 32.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now £4k
- Cash at bank
- —
- Now £4k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £0
Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £2.8k), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.