Datawave Innovations Ltd
Registered name: DATAWAVE INNOVATIONS LTD
Datawave Innovations Ltd made £987k revenue and £92.9k profit in the year to 31 May 2026.
Datawave Innovations Ltd’s revenue grew 36% to £987k in the year to 31 May 2026, with £92.9k profit and 11 employees. The company is classified under “business and domestic software development” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 2 yrs · since 2024
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2025 | 31 May 2026 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £725k | £987k |
| Cost of sales | £584k | £804k |
| Gross profit | £142k | £183k |
| Operating profit | £107k | £115k |
| Profit before tax | £107k | £115k |
| Profit after tax | £86.5k | £92.9k |
| Profit (best available) | £86.5k | £92.9k |
| Employees (average) | 8 | 11 |
| Ratios | ||
| Profit margin | 11.9% | 9.4% |
| Gross margin | 19.5% | 18.5% |
| Revenue per employee | £90.7k | £89.7k |
| Profit per employee | £10.8k | £8.4k |
| Growth (year on year) | ||
| Revenue growth | — | ▲36% |
| Profit growth | — | ▲7.4% |
| Headcount growth | — | ▲37.5% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £101k | £224k |
| Net assets | £121k | £214k |
| Fixed assets | £12k | £22k |
| Current assets | £151k | £296k |
| Debtors | £50k | £72k |
| Source | FullAccounts · bulk data Jul 2026 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 9.4%
- Profit ÷ revenue.
- Gross margin
- 18.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £89.7k
- Revenue ÷ average employees.
- Profit per employee
- £8.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.3%
- 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
- ▲76%
- Now £214k
- Cash at bank
- ▲121%
- Now £224k
- Headcount
- ▲38%
- Now 11
- Deferred income
- —
- Now —
- Fixed assets
- ▲83%
- Now £22k
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Sources
Latest figures from FullAccounts for the year to 31 May 2026 (profit £92.9k), from the Companies House accounts bulk data published Jul 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.