How many employees does Merwave Limited have?

Merwave Limited reported an average of 3 employees in the year to 31 Mar 2025.

Is Merwave Limited profitable?

Yes — Merwave Limited reported a profit of £451k in the year to 31 Mar 2025.

Company No. 13063401 · Incorporated 4 Dec 2020

Merwave Limited

Registered name: MERWAVE LIMITED

Merwave Limited made £451k profit in the year to 31 Mar 2025 (revenue not disclosed).

Merwave Limited reported £451k profit in the year to 31 Mar 2025, up 23% on the year before; its revenue was not disclosed. It had 3 employees. The company is classified under “retail sale of cosmetic and toilet articles in specialised stores” and is based in Whitley Bay; we hold 4 years of its filed accounts.

Profit onlySection G · Wholesale and retail trade; repair of motor vehiclesSIC 47750Retail sale of cosmetic and toilet articles in specialised stores

Status: Active
Location: Whitley Bay, North East
Age: 5 yrs · since 2020
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentSmall teamYoung and profitable

Revenue

—

Not disclosed in filing

Profit

£451k

Growth ▲22.6%

Profit margin

—

Employees

Change ▲50%

Profit / employee

£150k

Profitable streak

4yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Profit only	Profit only	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—	—	—
Profit after tax	£50.3k	£94.7k	£368k	£451k
Profit (best available)	£50.3k	£94.7k	£368k	£451k
Employees (average)	2	2	2	3
Ratios
Profit margin	—	—	—	—
Profit per employee	£25.1k	£47.3k	£184k	£150k
Growth (year on year)
Profit growth	—	▲88.4%	▲288.6%	▲22.6%
Headcount growth	—	0%	0%	▲50%
Balance sheet — indirect signals, not revenue
Cash at bank	£78k	£286k	£339k	£679k
Net assets	£46.4k	£124k	£332k	£411k
Fixed assets	—	£1.1k	£1.1k	£4.6k
Current assets	£145k	£615k	£904k	£1.3m
Debtors	£4.9k	£31.1k	£39.6k	£57.1k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jun 2025

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: £150k; 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.

Indirect — not revenue

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: ▲24%; Now £411k
Cash at bank: ▲101%; Now £679k
Headcount: ▲50%; Now 3
Deferred income: —; Now —
Fixed assets: ▲317%; Now £4.6k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £451k), from the Companies House accounts bulk data published Jun 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.