MURPHYS WAVES LIMITED
Company number SC151411 · Monitor this company
Executive summary
Murphys Waves holds a defensible but maturing position in pneumatic wave technology, underpinned by a 30-year installed base, a regulation-driven survival-training niche and a £3.69m cash reserve that provides real competitive optionality. However, a ~5.4% return on equity, a 25% decline in total assets since 2021 and a halving of contract debtors show a business converting balance-sheet strength into neither growth nor returns. The strategic imperative is to convert idle capital and installed-base goodwill into recurring service and training revenue, and to secure a credible position in the premium surf market before the technology gap becomes structural.
Shareholders' funds
£2,173,239
Balance sheet as at 2026-01-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1994-06-13
- Employees
- 5 (2026 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
- 2026-01-31
- Next due by
- 2027-10-31
- 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 32 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
46%
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.