{"name":"MURPHYS WAVES LIMITED","company_number":"SC151411","status":"Active","type":"Private Limited Company","incorporated":"1994-06-13","dissolved":null,"registered_office":"Euro House Hillington Road, Hillington Park, Glasgow, Scotland, G52 4BL","postcode":"G52 4BL","sic_codes":[{"code":46690,"description":"Wholesale of other machinery and equipment"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 January","last_made_up_to":"2025-01-31","next_due":"2026-10-31"},"employees":{"count":5,"accounts_date":"2025-01-31"},"financials":[{"financial_date":"2025-01-31","cash":3511653,"average_employees":5},{"financial_date":"2024-01-31","cash":3341447,"average_employees":5},{"financial_date":"2023-01-31","cash":3422752},{"financial_date":"2022-01-31","cash":4488843},{"financial_date":"2021-01-31","cash":4718310}],"officers":{"current":4,"resigned":12,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":1,"outstanding":1},"gazette_notices":[],"insolvency_outcome":null,"ai_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.","website":"http://murphyswaves.co.uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/murphys-waves","people":"https://www.companiesintheuk.co.uk/company/murphys-waves/people","filing_history":"https://www.companiesintheuk.co.uk/company/murphys-waves/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/SC151411","financials":"https://www.companiesintheuk.co.uk/company/murphys-waves/financial","control":"https://www.companiesintheuk.co.uk/company/murphys-waves/control","charges":"https://www.companiesintheuk.co.uk/company/murphys-waves/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/murphys-waves/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/murphys-waves"}