Wavefront Systems Limited
Registered name: WAVEFRONT SYSTEMS LIMITED
Part of Covelya Group Limited groupWavefront Systems Limited does not publish its revenue or profit. Its accounts to 31 Dec 2023 show net assets of £2.4m and 23 employees.
Wavefront Systems Limited did not publish its revenue or profit — small companies aren’t required to file a profit & loss account. Its accounts for the year to 31 Dec 2023 showed net assets of £2.4m and 23 employees. The company is classified under “business and domestic software development” and is based in Yateley; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Yateley, South East
- Age
- 22 yrs · since 2004
- Type
- Private Limited Company
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: “The company's ultimate parent company is Sonardyne”
Key figures
Revenue not disclosed
Wavefront Systems Limited’s accounts for the year to 31 Dec 2023 contain a balance sheet but no profit & loss account, so its revenue and profit are not public. UK small and micro-entity companies are not required to publish a profit & loss account — this is normal and says nothing about how the business is performing.
We never estimate revenue. Below you’ll find the balance-sheet figures that were filed — useful as indirect signals of momentum, but they are not revenue or profit.
- Employees
- 23
- Net assets
- £2.4m
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | No profit & loss | No profit & loss |
| Profit & loss | ||
| Revenue (turnover) | — | — |
| Profit (best available) | — | — |
| Employees (average) | 20 | 23 |
| Ratios | ||
| Profit margin | — | — |
| Growth (year on year) | ||
| Headcount growth | — | ▲15% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £707k | £521k |
| Net assets | £2.4m | £2.4m |
| Fixed assets | £347k | £404k |
| Current assets | £3.5m | £3.5m |
| Debtors | £2.5k | £25.4k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 |
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
- ▲4%
- Now £2.4m
- Cash at bank
- ▼26%
- Now £521k
- Headcount
- ▲15%
- Now 23
- Deferred income
- —
- Now —
- Fixed assets
- ▲16%
- Now £404k
Group structure
Ownership chain
- Covelya Group Limitedultimate parent75–100%
- Wavefront Systems Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (6)
- Sonardyne International LimitedRev. £89.8m · Profit £20.5m
- Chelsea Technologies LtdFigures not disclosed
- Covelya LimitedFigures not disclosed
- Forcys LimitedFigures not disclosed
- Propcov LimitedFigures not disclosed
- Sonardyne Group LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2023, from the Companies House accounts bulk data published Sep 2024. Spotted an error? Request a correction.
Updated from Companies House on 12 Oct 2026