MURPHYS WAVES LIMITED
Company number SC151411 · Monitor this company
Executive summary
Murphys Waves Limited occupies a niche position in the specialised artificial wave generation market, leveraging three decades of experience and exceptional liquidity (£3.51M cash, 89.3% of total assets) as competitive advantages in a project-driven industry. However, the company's declining balance sheet — from £5.20M total assets in 2021 to £3.93M in 2025 — minimal tangible fixed assets of just £11,399, and a workforce of only five employees raise questions about whether sufficient reinvestment is occurring to maintain competitiveness against well-capitalised rivals like Wavegarden and Kelly Slater Wave Co. The financial profile suggests the business may operate more as an IP and project management vehicle within a broader group structure rather than as a conventional manufacturer, which explains its anomalous positioning relative to typical SIC 46690 wholesale machinery businesses.
Shareholders' funds
£2,056,194
Balance sheet as at 2025-01-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1994-06-13
- Employees
- 5 (2025 accounts)
- Registered office
- Euro House Hillington Road, Hillington Park, Glasgow, Scotland, G52 4BL
- Postcode
- G52 4BL
- Capital
- 2,000 GBP
- Accounts category
- Total Exemption Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2025-01-31
- Next due by
- 2026-10-31
- Financial year end
- 31 January
Confirmation statement
- Last statement dated
- 2026-06-02
- Next due by
- 2027-06-16
Nature of business (SIC)
- 46690 Wholesale of other machinery and equipment
Officers 4 current · 12 resigned
Group structure 1 subsidiary
Controlled by SURF WAVES LTD — since 2016-04-06
From persons-with-significant-control filings on the public register.
Contact details
- Website
- murphyswaves.co.uk
Waves Limited - Artificial Wave Machine Generator System, Boogie Surf Wave Pattern, Survival Training Pool Chamber, Family Waterpark
Previous registered addresses 6
| Address | Changed on |
|---|---|
| C/O CURLE STEWART LIMITED, 16 GORDON STREET, GLASGOW, G1 3PT | 2019-07-10 |
| 2 BLYTHSWOOD SQUARE, GLASGOW, G2 4AD | 2012-06-18 |
| EURO HOUSE 423 HILLINGTON ROAD, HILLINGTON PARK, GLASGOW, G52 4BL | 2012-05-17 |
| EURO HOUSE, 423 HILLINGTON ROAD, HILLINGTON INDUSTRIAL ESTATE, GLASGOW, G52 4BL | 2008-06-12 |
| 1A BURNSIDE ROAD, WHITECRAIGS, GLASGOW, G46 6TT | 1995-01-31 |
| 82 MITCHELL STREET, GLASGOW, G1 3NA | 1995-01-24 |
Among its peers
Top 25%
by shareholders' funds, of 31 similar companies in G
Among the oldest 25% of its local peers, trading since 1994.
No.7 of the largest wholesale of other machinery and equipment companies in Glasgow →
Competitors Glasgow
This company ranks 7 among wholesale of other machinery and equipment in Glasgow.
The class of 1994
47%
of the 28,890 companies incorporated in 1994 are still active today; 50% have since been dissolved.
A fact about the year, not a forecast for this company.