evolve fd limited

evolve fd limited Company Information

Share EVOLVE FD LIMITED
Live 
EstablishedMicroDeclining

Company Number

05761643

Industry

Accounting, and auditing activities

 

Directors

Ann Beatham

Shareholders

david ewing

Group Structure

View All

Contact

Registered Address

suite 204 ashton old baths, stamford street west, ashton-under-lyne, greater manchester, OL6 7FW

evolve fd limited Estimated Valuation

£14.4k

Pomanda estimates the enterprise value of EVOLVE FD LIMITED at £14.4k based on a Turnover of £18.4k and 0.78x industry multiple (adjusted for size and gross margin).

evolve fd limited Estimated Valuation

£0

Pomanda estimates the enterprise value of EVOLVE FD LIMITED at £0 based on an EBITDA of £-18.8k and a 5.21x industry multiple (adjusted for size and gross margin).

evolve fd limited Estimated Valuation

£47.2k

Pomanda estimates the enterprise value of EVOLVE FD LIMITED at £47.2k based on Net Assets of £15.7k and 3.01x industry multiple (adjusted for liquidity).

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Evolve Fd Limited Overview

Evolve Fd Limited is a live company located in ashton-under-lyne, OL6 7FW with a Companies House number of 05761643. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in March 2006, it's largest shareholder is david ewing with a 100% stake. Evolve Fd Limited is a established, micro sized company, Pomanda has estimated its turnover at £18.4k with declining growth in recent years.

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Evolve Fd Limited Health Check

Pomanda's financial health check has awarded Evolve Fd Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £18.4k, make it smaller than the average company (£122.5k)

£18.4k - Evolve Fd Limited

£122.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (3.3%)

-19% - Evolve Fd Limited

3.3% - Industry AVG

production

Production

with a gross margin of 52.1%, this company has a higher cost of product (66.4%)

52.1% - Evolve Fd Limited

66.4% - Industry AVG

profitability

Profitability

an operating margin of -103.8% make it less profitable than the average company (24.9%)

-103.8% - Evolve Fd Limited

24.9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (2)

1 - Evolve Fd Limited

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £20.4k, the company has an equivalent pay structure (£20.4k)

£20.4k - Evolve Fd Limited

£20.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £18.4k, this is less efficient (£65.3k)

£18.4k - Evolve Fd Limited

£65.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 1 days, this is earlier than average (98 days)

1 days - Evolve Fd Limited

98 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1197 days, this is slower than average (24 days)

1197 days - Evolve Fd Limited

24 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Evolve Fd Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 105 weeks, this is more cash available to meet short term requirements (30 weeks)

105 weeks - Evolve Fd Limited

30 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 73.4%, this is a higher level of debt than the average (58.8%)

73.4% - Evolve Fd Limited

58.8% - Industry AVG

EVOLVE FD LIMITED financials

EXPORTms excel logo

Evolve Fd Limited's latest turnover from March 2021 is estimated at £18.4 thousand and the company has net assets of £15.7 thousand. According to their latest financial statements, Evolve Fd Limited has 1 employee and maintains cash reserves of £58.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover18,36364,12654,01534,47420,3012,49684114,5317425974,1538,900
Other Income Or Grants000000000000
Cost Of Sales8,79632,02424,88814,2568,0741,1483425,0542622141,4313,590
Gross Profit9,56732,10229,12820,21812,2271,3484999,4774803832,7225,310
Admin Expenses28,62825,4695,440-24,987-19,3345,5656,93120,49717,2167,54056613,099
Operating Profit-19,0616,63323,68845,20531,561-4,217-6,432-11,020-16,736-7,1572,156-7,789
Interest Payable000000000000
Interest Receivable2900025210055
Pre-Tax Profit-19,0326,63323,68845,20531,563-4,212-6,430-11,019-16,736-7,1572,161-7,784
Tax0-1,260-4,501-8,589-6,31200000-6050
Profit After Tax-19,0325,37319,18736,61625,250-4,212-6,430-11,019-16,736-7,1571,556-7,784
Dividends Paid000000000000
Retained Profit-19,0325,37319,18736,61625,250-4,212-6,430-11,019-16,736-7,1571,556-7,784
Employee Costs20,36417,20422,52420,80625,03927,58927,47628,78827,90725,93325,82421,022
Number Of Employees111111111111
EBITDA*-18,8366,63323,68845,20531,561-4,217-6,432-11,020-16,736-7,1572,156-7,294

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets67400000000000
Intangible Assets000000000000
Investments & Other000000000000
Debtors (Due After 1 year)000000000000
Total Fixed Assets67400000000000
Stock & work in progress000000000000
Trade Debtors10038,31332,92017,6048,3037001003,9001001001,0002,046
Group Debtors000000000000
Misc Debtors000000000000
Cash58,37800001,27057229632001,903
misc current assets000000000000
total current assets58,47838,31332,92017,6048,3031,9706724,1961321001,0003,949
total assets59,15238,31332,92017,6048,3031,9706724,1961321001,0003,949
Bank overdraft000000000000
Bank loan000000000000
Trade Creditors 28,8573,6693,6497,52034,83553,65248,14245,23630,15313,3857,12811,633
Group/Directors Accounts000000000000
other short term finances000000000000
hp & lease commitments000000000000
other current liabilities000000000000
total current liabilities28,8573,6693,6497,52034,83553,65248,14245,23630,15313,3857,12811,633
loans000000000000
hp & lease commitments000000000000
Accruals and Deferred Income000000000000
other liabilities14,58300000000000
provisions000000000000
total long term liabilities14,58300000000000
total liabilities43,4403,6693,6497,52034,83553,65248,14245,23630,15313,3857,12811,633
net assets15,71234,64429,27110,084-26,532-51,682-47,470-41,040-30,021-13,285-6,128-7,684
total shareholders funds15,71234,64429,27110,084-26,532-51,682-47,470-41,040-30,021-13,285-6,128-7,684
Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-19,0616,63323,68845,20531,561-4,217-6,432-11,020-16,736-7,1572,156-7,789
Depreciation2250000000000495
Amortisation000000000000
Tax0-1,260-4,501-8,589-6,31200000-6050
Stock000000000000
Debtors-38,2135,39315,3169,3017,603600-3,8003,8000-900-1,0462,046
Creditors25,18820-3,871-27,315-18,8175,5102,90615,08316,7686,257-4,50511,633
Accruals and Deferred Income000000000000
Deferred Taxes & Provisions000000000000
Cash flow from operations44,565000-1,171693274263320-1,9082,293
Investing Activities
capital expenditure-8990000000000-495
Change in Investments000000000000
cash flow from investments-8990000000000-495
Financing Activities
Bank loans000000000000
Group/Directors Accounts000000000000
Other Short Term Loans 000000000000
Long term loans000000000000
Hire Purchase and Lease Commitments000000000000
other long term liabilities14,58300000000000
share issue100000-100000000100
interest2900025210055
cash flow from financing14,712000-98521005105
cash and cash equivalents
cash58,378000-1,270698276264320-1,9031,903
overdraft000000000000
change in cash58,378000-1,270698276264320-1,9031,903

evolve fd limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Evolve Fd Limited Competitor Analysis

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Perform a competitor analysis for evolve fd limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in OL6 area or any other competitors across 12 key performance metrics.

evolve fd limited Ownership

EVOLVE FD LIMITED group structure

Evolve Fd Limited has no subsidiary companies.

Ultimate parent company

EVOLVE FD LIMITED

05761643

EVOLVE FD LIMITED Shareholders

david ewing 100%

evolve fd limited directors

Evolve Fd Limited currently has 1 director, Mrs Ann Beatham serving since Mar 2022.

officercountryagestartendrole
Mrs Ann BeathamEngland58 years Mar 2022- Director

P&L

March 2021

turnover

18.4k

-71%

operating profit

-19.1k

0%

gross margin

52.1%

+4.07%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2021

net assets

15.7k

-0.55%

total assets

59.2k

+0.54%

cash

58.4k

0%

net assets

Total assets minus all liabilities

evolve fd limited company details

company number

05761643

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

March 2006

age

18

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

March 2021

previous names

de consultancy limited (September 2009)

accountant

HANLEY & CO

auditor

-

address

suite 204 ashton old baths, stamford street west, ashton-under-lyne, greater manchester, OL6 7FW

Bank

-

Legal Advisor

-

evolve fd limited 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 did not find charges/mortgages relating to evolve fd limited.

evolve fd limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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evolve fd limited Companies House Filings - See Documents

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