Wave Securities LLP
Registered name: WAVE SECURITIES LLP
Wave Securities LLP made £575k revenue and £1.2k profit in the year to 30 Sep 2025. read from filing text
Wave Securities LLP’s revenue fell 70% to £575k in the year to 30 Sep 2025, with £1.2k profit and 1 employee. The company is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 13 yrs · since 2013
- Type
- Limited Liability Partnership
Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Designated member”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £2.1m | £1.7m | £1.9m | £575k |
| Cost of sales | £2m | £1.6m | £1.8m | £482k |
| Gross profit | £85.5k | £88.7k | £88.8k | £93.2k |
| Profit after tax | £1.7k | £1.7k | £1.3k | £1.2k |
| Profit (best available) | £1.7k | £1.7k | £1.3k | £1.2k |
| Employees (average) | 1 | 1 | 1 | 1 |
| Ratios | ||||
| Profit margin | 0.1% | 0.1% | 0.1% | 0.2% |
| Gross margin | 4.1% | 5.3% | 4.6% | 16.2% |
| Revenue per employee | £2.1m | £1.7m | £1.9m | £575k |
| Profit per employee | £1.7k | £1.7k | £1.3k | £1.2k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼18.3% | ▲14.5% | ▼70.3% |
| Profit growth | — | ▲4.2% | ▼23.8% | ▼10.7% |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | — | — | — | — |
| Source | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2024 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 0.2%
- Profit ÷ revenue.
- Gross margin
- 16.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £575k
- Revenue ÷ average employees.
- Profit per employee
- £1.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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 —
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £1.2k), from the Companies House accounts bulk data published Dec 2025. 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.