CompanyTrack
P

PNEUMOWAVE LIMITED

Active Edinburgh

Other human health activities

17 employees Website
Life sciences and medical technology Other human health activities
P

PNEUMOWAVE LIMITED

Other human health activities

Founded 16 Feb 2018 Active Edinburgh, Scotland 17 employees pneumowave.com
Life sciences and medical technology Other human health activities
Accounts Submitted
Confirmation Statement Submitted
Net assets £4.94M £4.46M 2023 year on year
Total assets £5.19M £4.48M 2023 year on year
Total Liabilities £249.19K £23.70K 2023 year on year
Charges 6
4 outstanding 2 satisfied

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Contact & Details

Registered Address

12 Hope Street Edinburgh EH2 4DB Scotland

Office ()

Holytown, North Lanarkshire, United Kingdom, Europe

Office (UK)

Suites 3 and 4 Second Floor, Maxim 3 Maxim Office Park Parklands Avenue Eurocentral ML1 4WQ

Office (USA)

4900 O’Hear Avenue, Suite 100, PMB# 511 North Charleston, SC 29405

Credit Report

Discover PNEUMOWAVE LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2023
Type Total Exemption Full
Next accounts 31 December 2024
Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2019–2023)

Cash in Bank

£5.10M

Increased by £4.45M (+686%)

Net Assets

£4.94M

Increased by £4.46M (+926%)

Total Liabilities

£249.19k

Increased by £23.70k (+11%)

Turnover

N/A

Employees

17

Increased by 3 (+21%)

Debt Ratio

5%

Decreased by 27 (-84%)

Financial History

Revenue, profit, EBITDA and key financial figures

2023
Dec Year End
2022
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

£125k awarded
Show:

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

6 Allotments 27,927 Shares £7.97m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
23 Dec 202215,868£5.20m£327.7
23 Dec 20221,958£545k£278.545
23 Dec 20226,307£1.76m£278.545
31 Mar 20211,455£212k£145.83
31 Mar 20212,337£256k£109.382

Officers

Officers

8 active 6 resigned
Status
Bruce Colin HendersonDirectorBritishScotland5216 Feb 2018Active
Davidson Chalmers Stewart (secretarial Services) LimitedCorporate-secretaryUnited KingdomUnknown22 Apr 2021Active
Graeme SmithDirectorScottishScotland6628 Feb 2025Active
James GruskinDirectorAmericanUnited States5824 Jul 2025Active
Nicola Ann BroughtonDirectorBritishEngland541 Nov 2023Active
Richie BavassoDirectorAmericanUnited States661 Sept 2023Active
Stewart WhiteDirectorBritishScotland5531 Mar 2021Active
William RutanDirectorAmericanUnited States6724 Jul 2025Active

Shareholders

Shareholders (65)

William Nicholson
0.2%
10424 Dec 2024
William Greenhalgh
0.1%
6924 Dec 2024
Tim Stevenson
0.1%
6924 Dec 2024

Persons with Significant Control

Persons with Significant Control (1)

1 Active 3 Ceased

Scottish National Investment Bank Plc

United Kingdom

Active
Notified 3 Mar 2025
Nature of Control
  • Ownership Of Shares 25 To 50 Percent
  • Voting Rights 25 To 50 Percent

Scottish Investments Limited

Ceased 3 Mar 2025

Ceased

Jonathan Guthrie

Ceased 31 Mar 2021

Ceased

Bruce Colin Henderson

Ceased 23 Dec 2022

Ceased

Group Structure

Group Structure

PNEUMOWAVE LIMITED Current Company
ALTAIR MEDICAL LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

Charges

4 outstanding 2 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
3 Dec 2025OfficersTermination of Graeme Smith as director on 2025-11-30View(1 page)
20 Nov 2025OfficersTermination of William Rutan as director on 2025-11-11View(1 page)
23 Oct 2025OfficersTermination of Christopher Thomas Wardhaugh as director on 2025-10-04View(1 page)
23 Oct 2025OfficersTermination of Paul Molloy as director on 2025-10-22View(1 page)
1 Aug 2025OfficersAppointment of Mr William Rutan as director on 2025-07-24View(2 pages)
3 Dec 2025 Officers

Termination of Graeme Smith as director on 2025-11-30

20 Nov 2025 Officers

Termination of William Rutan as director on 2025-11-11

23 Oct 2025 Officers

Termination of Christopher Thomas Wardhaugh as director on 2025-10-04

23 Oct 2025 Officers

Termination of Paul Molloy as director on 2025-10-22

1 Aug 2025 Officers

Appointment of Mr William Rutan as director on 2025-07-24

Recent Activity

Latest Activity

Termination of Graeme Smith as director on 2025-11-30

2 months ago on 3 Dec 2025

Termination of William Rutan as director on 2025-11-11

2 months ago on 20 Nov 2025

Termination of Christopher Thomas Wardhaugh as director on 2025-10-04

3 months ago on 23 Oct 2025

Termination of Paul Molloy as director on 2025-10-22

3 months ago on 23 Oct 2025

Appointment of Mr William Rutan as director on 2025-07-24

6 months ago on 1 Aug 2025