evolution recruitment solutions ltd
evolution recruitment solutions ltd Company Information
Company Number
03990096
Next Accounts
Sep 2025
Shareholders
evolution recruitment solutions holdings limited
Group Structure
View All
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Registered Address
the genesis centre garret field, birchwood, warrington, cheshire, WA3 7BH
Website
www.evolutionjobs.comevolution recruitment solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of EVOLUTION RECRUITMENT SOLUTIONS LTD at £15.7m based on a Turnover of £47.8m and 0.33x industry multiple (adjusted for size and gross margin).
evolution recruitment solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of EVOLUTION RECRUITMENT SOLUTIONS LTD at £11.8m based on an EBITDA of £2m and a 5.8x industry multiple (adjusted for size and gross margin).
evolution recruitment solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of EVOLUTION RECRUITMENT SOLUTIONS LTD at £8m based on Net Assets of £6.3m and 1.28x industry multiple (adjusted for liquidity).
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Evolution Recruitment Solutions Ltd Overview
Evolution Recruitment Solutions Ltd is a live company located in warrington, WA3 7BH with a Companies House number of 03990096. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in May 2000, it's largest shareholder is evolution recruitment solutions holdings limited with a 100% stake. Evolution Recruitment Solutions Ltd is a mature, large sized company, Pomanda has estimated its turnover at £47.8m with rapid growth in recent years.
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Evolution Recruitment Solutions Ltd Health Check
Pomanda's financial health check has awarded Evolution Recruitment Solutions Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 0 areas for improvement. Company Health Check FAQs
6 Strong
5 Regular
0 Weak
Size
annual sales of £47.8m, make it larger than the average company (£10.8m)
£47.8m - Evolution Recruitment Solutions Ltd
£10.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (6.6%)
39% - Evolution Recruitment Solutions Ltd
6.6% - Industry AVG
Production
with a gross margin of 22%, this company has a comparable cost of product (25.1%)
22% - Evolution Recruitment Solutions Ltd
25.1% - Industry AVG
Profitability
an operating margin of 3.9% make it as profitable than the average company (3.9%)
3.9% - Evolution Recruitment Solutions Ltd
3.9% - Industry AVG
Employees
with 114 employees, this is above the industry average (46)
114 - Evolution Recruitment Solutions Ltd
46 - Industry AVG
Pay Structure
on an average salary of £63.5k, the company has an equivalent pay structure (£57k)
£63.5k - Evolution Recruitment Solutions Ltd
£57k - Industry AVG
Efficiency
resulting in sales per employee of £419.5k, this is more efficient (£188.4k)
£419.5k - Evolution Recruitment Solutions Ltd
£188.4k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is near the average (45 days)
46 days - Evolution Recruitment Solutions Ltd
45 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is close to average (9 days)
9 days - Evolution Recruitment Solutions Ltd
9 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Evolution Recruitment Solutions Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 25 weeks, this is more cash available to meet short term requirements (10 weeks)
25 weeks - Evolution Recruitment Solutions Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.8%, this is a lower level of debt than the average (67.3%)
58.8% - Evolution Recruitment Solutions Ltd
67.3% - Industry AVG
EVOLUTION RECRUITMENT SOLUTIONS LTD financials
Evolution Recruitment Solutions Ltd's latest turnover from December 2023 is £47.8 million and the company has net assets of £6.3 million. According to their latest financial statements, Evolution Recruitment Solutions Ltd has 114 employees and maintains cash reserves of £4.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 47,819,847 | 45,520,184 | 24,460,615 | 17,711,881 | 18,806,739 | 17,303,950 | 14,587,810 | 13,862,431 | 12,374,486 | 10,253,244 | 8,084,870 | 6,704,425 | 9,847,589 | ||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 37,324,123 | 33,960,396 | 16,591,667 | 12,080,444 | 12,112,896 | 10,948,775 | 8,881,318 | 7,838,441 | 6,585,321 | 5,164,181 | 4,102,851 | 3,334,017 | |||
| Gross Profit | 10,495,724 | 11,559,788 | 7,868,948 | 5,631,437 | 6,693,843 | 6,355,175 | 5,706,492 | 6,023,990 | 5,789,165 | 5,089,063 | 3,982,019 | 3,370,408 | |||
| Admin Expenses | 8,656,831 | 8,654,641 | 5,031,015 | 4,298,911 | 4,608,254 | 4,892,587 | 4,236,504 | 3,462,260 | 2,725,898 | ||||||
| Operating Profit | 1,838,893 | 2,905,147 | 1,324,160 | 1,407,581 | 1,415,736 | 896,578 | 852,559 | 519,759 | 644,510 | 739,366 | |||||
| Interest Payable | 60,105 | 2,144 | 3,818 | ||||||||||||
| Interest Receivable | 106 | 6 | 8 | 206 | 8 | 6 | 165 | ||||||||
| Pre-Tax Profit | 1,778,788 | 2,905,147 | 1,980,479 | 1,366,058 | 1,592,481 | 1,324,160 | 1,407,687 | 1,415,742 | 894,442 | 848,947 | 519,767 | 644,516 | 739,531 | ||
| Tax | -418,425 | -776,085 | -379,449 | -263,980 | -254,312 | -202,467 | -256,009 | -285,020 | -192,735 | -174,529 | -126,860 | -162,081 | -199,216 | ||
| Profit After Tax | 1,360,363 | 2,129,062 | 1,601,030 | 1,102,078 | 1,338,169 | 1,121,693 | 1,151,678 | 1,130,722 | 701,707 | 674,418 | 392,907 | 482,435 | 540,315 | ||
| Dividends Paid | 658,885 | 410,427 | 2,603,610 | 433,953 | 637,651 | 686,195 | 796,914 | 572,942 | 398,832 | 360,254 | 362,429 | 327,594 | 381,225 | ||
| Retained Profit | 701,478 | 1,718,635 | -1,002,580 | 668,125 | 700,518 | 435,498 | 354,764 | 557,780 | 302,875 | 314,164 | 30,478 | 154,841 | 159,090 | ||
| Employee Costs | 7,239,461 | 7,488,918 | 5,176,340 | 4,265,918 | 4,515,935 | 4,457,504 | 3,745,848 | 3,988,725 | 4,039,764 | 3,451,403 | 2,797,371 | 2,115,412 | 8,222,798 | ||
| Number Of Employees | 114 | 133 | 87 | 95 | 103 | 104 | 91 | 93 | 94 | 82 | 73 | 73 | 693 | ||
| EBITDA* | 2,027,617 | 3,045,923 | 1,398,570 | 1,469,814 | 1,463,249 | 938,872 | 898,813 | 571,550 | 682,852 | 785,350 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 324,804 | 345,124 | 285,266 | 87,227 | 120,205 | 131,120 | 97,048 | 90,288 | 85,979 | 66,650 | 55,123 | 81,024 | 110,933 | 64,969 | 17,201 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 324,804 | 345,124 | 285,266 | 87,227 | 120,205 | 131,120 | 97,048 | 90,288 | 85,979 | 66,650 | 55,123 | 81,024 | 110,933 | 64,969 | 17,201 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 6,106,851 | 8,351,285 | 4,711,657 | 2,367,487 | 3,139,280 | 3,468,865 | 2,613,509 | 1,778,110 | 1,427,923 | 1,271,396 | 903,772 | 952,708 | 1,201,298 | 1,200,034 | 660,914 |
| Group Debtors | 772,004 | 637,524 | 1,812,052 | ||||||||||||
| Misc Debtors | 3,646,254 | 1,696,925 | 2,300,212 | 2,221,118 | 3,452,486 | 2,319,894 | 2,251,393 | 1,590,556 | 1,261,713 | 1,013,275 | 969,873 | 529,127 | 534,747 | ||
| Cash | 4,322,996 | 2,642,228 | 1,098,238 | 1,842,376 | 1,406,915 | 1,030,157 | 541,017 | 850,175 | 260,747 | 377,265 | 277,948 | 514,439 | 331,175 | 535,052 | 620,595 |
| misc current assets | |||||||||||||||
| total current assets | 14,848,105 | 13,327,962 | 8,110,107 | 8,243,033 | 7,998,681 | 6,818,916 | 5,405,919 | 4,218,841 | 2,950,383 | 2,661,936 | 2,151,593 | 1,996,274 | 2,067,220 | 1,735,086 | 1,281,509 |
| total assets | 15,172,909 | 13,673,086 | 8,395,373 | 8,330,260 | 8,118,886 | 6,950,036 | 5,502,967 | 4,309,129 | 3,036,362 | 2,728,586 | 2,206,716 | 2,077,298 | 2,178,153 | 1,800,055 | 1,298,710 |
| Bank overdraft | 1,821,720 | 1,735,696 | 1,087,394 | ||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 993,323 | 1,063,996 | 461,658 | 357,337 | 567,427 | 201,398 | 183,400 | 56,766 | 61,963 | 175,465 | 107,859 | 50,335 | 26,122 | 638,689 | 315,008 |
| Group/Directors Accounts | 8,245 | ||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 18,989 | 37,979 | |||||||||||||
| other current liabilities | 6,028,618 | 5,230,594 | 2,951,168 | 3,122,857 | 3,369,679 | 3,264,601 | 2,269,643 | 1,558,633 | 839,417 | 734,343 | 594,243 | 533,838 | 794,757 | ||
| total current liabilities | 8,843,661 | 8,038,531 | 4,500,220 | 3,480,194 | 3,937,106 | 3,465,999 | 2,453,043 | 1,615,399 | 901,380 | 909,808 | 702,102 | 603,162 | 858,858 | 638,689 | 315,008 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 73,377 | 80,162 | 59,395 | 23,456 | 23,134 | 28,684 | 31,454 | 28,594 | 13,329 | ||||||
| total long term liabilities | 73,377 | 80,162 | 59,395 | 11,728 | 11,567 | 14,342 | 15,727 | 14,297 | 13,329 | ||||||
| total liabilities | 8,917,038 | 8,118,693 | 4,559,615 | 3,491,922 | 3,948,673 | 3,480,341 | 2,468,770 | 1,629,696 | 914,709 | 909,808 | 702,102 | 603,162 | 858,858 | 638,689 | 315,008 |
| net assets | 6,255,871 | 5,554,393 | 3,835,758 | 4,838,338 | 4,170,213 | 3,469,695 | 3,034,197 | 2,679,433 | 2,121,653 | 1,818,778 | 1,504,614 | 1,474,136 | 1,319,295 | 1,161,366 | 983,702 |
| total shareholders funds | 6,255,871 | 5,554,393 | 3,835,758 | 4,838,338 | 4,170,213 | 3,469,695 | 3,034,197 | 2,679,433 | 2,121,653 | 1,818,778 | 1,504,614 | 1,474,136 | 1,319,295 | 1,161,366 | 983,702 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,838,893 | 2,905,147 | 1,324,160 | 1,407,581 | 1,415,736 | 896,578 | 852,559 | 519,759 | 644,510 | 739,366 | |||||
| Depreciation | 188,724 | 140,776 | 80,345 | 65,812 | 77,944 | 74,410 | 62,233 | 47,513 | 42,294 | 46,254 | 51,791 | 38,342 | 45,984 | 13,092 | 9,884 |
| Amortisation | |||||||||||||||
| Tax | -418,425 | -776,085 | -379,449 | -263,980 | -254,312 | -202,467 | -256,009 | -285,020 | -192,735 | -174,529 | -126,860 | -162,081 | -199,216 | ||
| Stock | |||||||||||||||
| Debtors | -160,625 | 3,673,865 | 611,212 | -191,109 | 803,007 | 923,857 | 1,496,236 | 679,030 | 404,965 | 411,026 | 391,810 | 281,801 | 536,011 | 539,120 | 660,914 |
| Creditors | -70,673 | 602,338 | 104,321 | -210,090 | 366,029 | 17,998 | 126,634 | -5,197 | -113,502 | 67,606 | 57,524 | -588,354 | -612,567 | 323,681 | 315,008 |
| Accruals and Deferred Income | 798,024 | 2,279,426 | -171,689 | -246,822 | 105,078 | 994,958 | 711,010 | 719,216 | 105,074 | 140,100 | 60,405 | 533,838 | 794,757 | ||
| Deferred Taxes & Provisions | -6,785 | 20,767 | 35,939 | 322 | -5,550 | -2,770 | 2,860 | 15,265 | 13,329 | ||||||
| Cash flow from operations | 2,490,383 | 1,498,504 | 1,282,432 | 558,073 | 1,228,483 | 346,073 | 520,964 | 170,809 | 184,454 | 232,313 | |||||
| Investing Activities | |||||||||||||||
| capital expenditure | -61,623 | -57,781 | -25,890 | -8,433 | |||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | -61,623 | -57,781 | -25,890 | -8,433 | |||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -8,245 | 8,245 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -18,989 | 18,989 | 37,979 | ||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -60,105 | 106 | 6 | -2,136 | -3,612 | 8 | 6 | 165 | |||||||
| cash flow from financing | -68,350 | 8,245 | 106 | 6 | -2,136 | -3,612 | -18,981 | 176,924 | 36,983 | ||||||
| cash and cash equivalents | |||||||||||||||
| cash | 1,680,768 | 1,543,990 | -744,138 | 435,461 | 376,758 | 489,140 | -309,158 | 589,428 | -116,518 | 99,317 | -236,491 | -20,613 | -203,877 | -85,543 | 620,595 |
| overdraft | 86,024 | 648,302 | 1,087,394 | ||||||||||||
| change in cash | 1,594,744 | 895,688 | -1,831,532 | 435,461 | 376,758 | 489,140 | -309,158 | 589,428 | -116,518 | 99,317 | -236,491 | -20,613 | -203,877 | -85,543 | 620,595 |
evolution recruitment solutions ltd Credit Report and Business Information
Evolution Recruitment Solutions Ltd Competitor Analysis
Perform a competitor analysis for evolution recruitment solutions ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in WA3 area or any other competitors across 12 key performance metrics.
evolution recruitment solutions ltd Ownership
EVOLUTION RECRUITMENT SOLUTIONS LTD group structure
Evolution Recruitment Solutions Ltd has no subsidiary companies.
Ultimate parent company
EVOLUTION RECRUITMENT SOLUTIONS LTD
03990096
evolution recruitment solutions ltd directors
Evolution Recruitment Solutions Ltd currently has 4 directors. The longest serving directors include Mr Gareth Morris (May 2000) and Mr Nicholas Elliott (May 2000).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gareth Morris | England | 49 years | May 2000 | - | Director |
| Mr Nicholas Elliott | England | 52 years | May 2000 | - | Director |
| Mrs Vanessa Morris | United Kingdom | 49 years | Mar 2015 | - | Director |
| Mrs Helen Elliott | United Kingdom | 47 years | Mar 2015 | - | Director |
P&L
December 2023turnover
47.8m
+5%
operating profit
1.8m
-37%
gross margin
22%
-13.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
6.3m
+0.13%
total assets
15.2m
+0.11%
cash
4.3m
+0.64%
net assets
Total assets minus all liabilities
evolution recruitment solutions ltd company details
company number
03990096
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
May 2000
age
25
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
e-volution recruitment solutions ltd (September 2011)
accountant
-
auditor
SAFFERY LLP
address
the genesis centre garret field, birchwood, warrington, cheshire, WA3 7BH
Bank
-
Legal Advisor
-
evolution recruitment solutions ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 1 charges/mortgages relating to evolution recruitment solutions ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
evolution recruitment solutions ltd Capital Raised & Share Issues BETA
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evolution recruitment solutions ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
