Company Overview
121 Waves Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 25 June 2012, so this is a well established company. 121 Waves Ltd has been in business for 13 years and 9 months. The accounts status is total exemption full and the accounts are next due on Wednesday 31 March 2027.
Registered Address

Essell, 29 Howard Street, North Shields, Tyne And Wear, NE30 1AR
Credit Reports Available

These credit rating reports are available now:


Credit Analysts Report
Get Report >>

Standard Credit Report
Get Report >>

Basic Credit Report
Get Report >>

24/7 credit rating data feed - no UK company credit reports are updated faster

Companies House Data
Company Name121 WAVES LTD
Company Number08118209
Registered Office AddressEssell
 29 Howard Street
 NE30 1AR
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date25/06/2012
Accounting Reference Date Day30
Accounting Reference Date Month6
Accounts Next Due Date31/03/2027
Accounts Last Made Up Date30/06/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date23/07/2017
Returns Last Made Up Date25/06/2016
Previous Company NameChanged Date
121 SWIM LTD26 Jun 2012
Directors & Members
Iain Katz - Director
(British, 43 years old, born July 1983)
Appointed 25 June 2012
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Iain Katz
NE KATZ PROPERTIES LTD
Balance Sheet Unlock full report
Accounts Date 30-Jun-2025 30-Jun-2023 30-Jun-2022
Balance Sheet
Fixed Assets 6,783 6,783 9,043
Current Assets 16,812 16,812 51,099
Creditors Due Within One Year 6,408 6,408 36,478
Working Cap 10,404 10,404 14,621
Total Assets Less Current Liabilities 17,187 17,187 23,664
Long-term Liabilities 0 0 0
Net Assets 17,187 17,187 23,664
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 17,187 17,187 23,664
Common Size Financial Analysis Unlock full report
Accounts Date 30-Jun-2025 30-Jun-2023 30-Jun-2022
Tangible Fixed Assets - - -
Fixed Assets 28.7% 28.7% 15.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand 71.3% 71.3% 85.0%
Current Assets 71.3% 71.3% 85.0%
Creditors Due Within One Year 27.2% 27.2% 60.7%
Net Current Assets Liabilities 44.1% 44.1% 24.3%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 72.8% 72.8% 39.3%
Capital Employed - - -
Total Assets Less Current Liabilities 72.8% 72.8% 39.3%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Jun-2025 30-Jun-2023 30-Jun-2022
Liquidity Ratio 2.6 2.6 1.4
Solvency Ratio 3.7 3.7 1.6
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 30-Jun-2025 30-Jun-2023 30-Jun-2022
Assets 23,595 23,595 60,142
Debt 6,408 6,408 36,478
Net Assets/Debt 17,187 17,187 23,664

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around NE30 1AR
ABYSS MARINE SOLUTIONS LTD
16 Queens Road, Seaton Sluice, Whitley Bay, NE30 1AR
HADRIAN JOINERY & BUILDING SERVICES LIMITED
29 HOWARD STREET, NORTH SHIELDS, TYNE AND WEAR, NE30 1AR
BRTECHNICAL SOLUTIONS LIMITED
ESSELL, 29 HOWARD STREET, NORTH SHIELDS, TYNE AND WEAR, NE30 1AR
BOB LITTLE & CO LIMITED
29 HOWARD STREET, NORTH SHIELDS, TYNE AND WEAR, NE30 1AR
DN MARINE SERVICES LTD
Essell, 29 Howard Street, North Shields, Tyne And Wear, NE30 1AR
EBAC MANAGEMENT AND CONSULTING LTD
29 Howard Street, North Shields, Tyne And Wear, NE30 1AR
FIELDWORK READY TRAINING COMPANY LIMITED
Suite 1, Howard House, Howard Street, North Shields, Tyne And Wear, NE30 1AR
C BEATTIE BUILDING CONTRACTORS LIMITED
29 Howard Street, North Shields, Tyne And Wear, NE30 1AR
GECE CONTRACTING LIMITED
4385, 05925951 - COMPANIES HOUSE DEFAULT ADDRESS, CARDIFF, NE30 1AR
FISHING MANAGEMENT (NE) LIMITED
29 HOWARD STREET, NORTH SHIELDS, TYNE AND WEAR, NE30 1AR
Document Filings
Confirmation statement made on 13 June 2025 with no updates
Confirmation statement made on 13 June 2024 with no updates
Confirmation statement made on 13 June 2023 with no updates
Confirmation statement made on 13 June 2022 with no updates
Confirmation statement made on 13 June 2021 with no updates
Confirmation statement made on 13 June 2020 with no updates
Confirmation statement made on 13 June 2019 with no updates
Confirmation statement made on 13 June 2018 with updates
Confirmation statement made on 29 September 2017 with no updates
Director's details changed for Mr Iain Armstrong Katz on 14 August 2017
Change of details for Mr Iain Armstrong Katz as a person with significant control on 14 August 2017
Confirmation statement made on 29 September 2016 with updates
Annual return made up to 25 June 2016 with full list of shareholders
Annual return made up to 25 June 2015 with full list of shareholders
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2026 Check Free