Wayve: who owns it, who runs it and what the accounts show
Wayve Technologies Ltd has no person with significant control recorded on the Companies House register.
Wayve reports no turnover: its accounts say the group is still in its research and development phase and does not yet generate material revenue, so it is funded by equity investment.
- It made a pre-tax loss of £62m.
- It employed an average of 263 people, with staff costs of £36m.
- These figures are from Wayve Technologies Ltd's group accounts for the year to August 2024, filed at Companies House on 22 July 2025.
- Registered name
- WAYVE TECHNOLOGIES LTD
- Company number
- 10924127
- Status
- Active
- Incorporated
- 21 August 2017
- Registered office area
- North London
- Industry code on the register
- 72190: Scientific research and development
- Accounts
- Group accounts, covering the companies it owns
- Accounts type
- Full group accounts
- Latest accounts
- Year to August 2024, filed 22 July 2025
What does Wayve do?
Wayve develops artificial intelligence software that lets vehicles drive themselves, learning to drive from data rather than following hand-written rules. It plans to make money by licensing its driving software to carmakers and fleet operators to use in their vehicles. It was founded in Cambridge in 2017 by Alex Kendall and Amar Shah and is based in London, testing its technology on public roads.
In brief: self-driving AI · end-to-end learned driving · licensing to carmakers · London-based
Source: Spark Intel editorial, checked 24 September 2026. Official website: wayve.ai.
Who owns Wayve?
Wayve Technologies Ltd, company number 10924127, has no person with significant control recorded on the register. The full record is linked below.
The full ownership record is on the Companies House register. Control is given in the bands the register uses, not as exact shareholdings.
Who runs Wayve?
The Companies House register lists 4 current officers for Wayve Technologies Ltd.
All 4 current officers
| Officer | Appointed |
|---|---|
| Alex Guy Kendall | 21 August 2017 |
| Seth Winterroth | 1 July 2019 |
| Kentaro Matsui | 25 April 2024 |
| Mr. Suranga Chandratillake | 11 February 2026 |
Every current officer, with appointment dates, is on the Companies House register.
What did Wayve file?
It reported 263 employees. The year before it reported 202.
It filed a pre-tax loss of £62m for the year, against a pre-tax loss of £41m the year before.
Staff costs came to £36m. That is an average of £136,000 a head. It ended the year with £887m at the bank and net assets of £895m.
| Measure | Aug 2024 | Aug 2023 |
|---|---|---|
| Pre-tax profit | -£62m (filed) | -£41m (filed) |
| Employees | 263 | 202 |
| Staff costs | £36m | £24m |
| Average staff cost per head | £136,000 | £119,000 |
| Bank and cash | £887m | £118m |
| Net assets | £895m | £133m |
| Interest received | £1.5m | |
| Directors' pay | £0.3m |
Read the accounts to August 2024 (PDF, Companies House) · every accounts filing
What do these figures mean? Turnover vs profit · Profit per £100 · Cash vs profit · Net assets · Group accounts
How Wayve compares
Of the 13 UK AI companies, Wayve is . Google DeepMind keeps the most of every £100 of sales: £16.02.
Questions about Wayve
What does Wayve do?
Wayve develops artificial intelligence software that lets vehicles drive themselves, learning to drive from data rather than following hand-written rules. It plans to make money by licensing its driving software to carmakers and fleet operators to use in their vehicles. It was founded in Cambridge in 2017 by Alex Kendall and Amar Shah and is based in London, testing its technology on public roads.
Who owns Wayve?
Wayve Technologies Ltd has no person with significant control recorded at Companies House.
How much does Wayve make?
It filed a pre-tax loss of £62m.
How many people work at Wayve?
Wayve Technologies Ltd reported 263 employees in the year to August 2024.
Who runs Wayve?
The Companies House register lists 4 current officers for Wayve Technologies Ltd. The full list, with appointment dates, is on the Companies House register.
- Figures come from Wayve Technologies Ltd's filings at Companies House, company number 10924127, for the period shown at the top of the page.
- These are group accounts: they include the companies it owns.
- Pre-tax profit is the figure the company filed, for both years.
- A figure the filing does not disclose is shown as n/d. A zero in the filing is treated as not disclosed, never as nil.
- Rounding: below £0.1m in thousands, from £0.1m to £2m to one decimal place, from £2m to the nearest million.
- Ownership is shown in the control bands the register of people with significant control uses, not as exact shareholdings.
- Officers' names and appointment dates come from the Companies House register. Job titles come from the company's own website. The description of what the company does comes from its website, or is marked Spark Intel editorial where it is written from stable, checked facts, with the date either way.
Spark Intel, “Wayve: who owns it, who runs it and what the accounts show”, updated 11 November 2026. https://www.spark-intel.co.uk/companies/wayve/. Figures from Companies House filings for WAYVE TECHNOLOGIES LTD (10924127).
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