evolveu (uk) limited

Dissolved 

evolveu (uk) limited Company Information

Share EVOLVEU (UK) LIMITED

Company Number

08609299

Shareholders

stephen kenneth gibson

suzanne barbara gibson

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Group Structure

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Industry

Life insurance

 +1

Registered Address

unit 16 trident park, trident way, blackburn, BB1 3NU

evolveu (uk) limited Estimated Valuation

£14.2k

Pomanda estimates the enterprise value of EVOLVEU (UK) LIMITED at £14.2k based on a Turnover of £31.2k and 0.46x industry multiple (adjusted for size and gross margin).

evolveu (uk) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of EVOLVEU (UK) LIMITED at £0 based on an EBITDA of £-52.1k and a 4.92x industry multiple (adjusted for size and gross margin).

evolveu (uk) limited Estimated Valuation

£197

Pomanda estimates the enterprise value of EVOLVEU (UK) LIMITED at £197 based on Net Assets of £120 and 1.64x industry multiple (adjusted for liquidity).

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Evolveu (uk) Limited Overview

Evolveu (uk) Limited is a dissolved company that was located in blackburn, BB1 3NU with a Companies House number of 08609299. It operated in the life insurance sector, SIC Code 65110. Founded in July 2013, it's largest shareholder was stephen kenneth gibson with a 33.3% stake. The last turnover for Evolveu (uk) Limited was estimated at £31.2k.

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Evolveu (uk) Limited Health Check

Pomanda's financial health check has awarded Evolveu (Uk) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £31.2k, make it smaller than the average company (£1.3m)

£31.2k - Evolveu (uk) Limited

£1.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 43%, show it is growing at a faster rate (1.5%)

43% - Evolveu (uk) Limited

1.5% - Industry AVG

production

Production

with a gross margin of 63.4%, this company has a higher cost of product (98.9%)

63.4% - Evolveu (uk) Limited

98.9% - Industry AVG

profitability

Profitability

an operating margin of -167.7% make it less profitable than the average company (13.7%)

-167.7% - Evolveu (uk) Limited

13.7% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (16)

3 - Evolveu (uk) Limited

16 - Industry AVG

paystructure

Pay Structure

on an average salary of £52.5k, the company has an equivalent pay structure (£52.5k)

£52.5k - Evolveu (uk) Limited

£52.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £10.4k, this is less efficient (£126.8k)

£10.4k - Evolveu (uk) Limited

£126.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 8 days, this is earlier than average (227 days)

8 days - Evolveu (uk) Limited

227 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2190 days, this is slower than average (95 days)

2190 days - Evolveu (uk) Limited

95 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Evolveu (uk) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 51 weeks, this is more cash available to meet short term requirements (13 weeks)

51 weeks - Evolveu (uk) Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.8%, this is a higher level of debt than the average (88.5%)

99.8% - Evolveu (uk) Limited

88.5% - Industry AVG

EVOLVEU (UK) LIMITED financials

EXPORTms excel logo

Evolveu (Uk) Limited's latest turnover from May 2021 is estimated at £31.2 thousand and the company has net assets of £120. According to their latest financial statements, Evolveu (Uk) Limited has 3 employees and maintains cash reserves of £67.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014
Turnover31,167155,848164,01210,6378,91610,8937,988
Other Income Or Grants
Cost Of Sales11,41860,76559,1733,8083,3505,0783,962
Gross Profit19,74995,083104,8396,8295,5665,8144,026
Admin Expenses72,011110,888103,132-6,621-21,410-30,926483
Operating Profit-52,262-15,8051,70713,45026,97636,7403,543
Interest Payable
Interest Receivable8571166249819613621
Pre-Tax Profit-52,177-15,0942,36913,94827,17136,8763,565
Tax-450-2,650-5,434-7,375-749
Profit After Tax-52,177-15,0941,91911,29821,73729,5012,816
Dividends Paid
Retained Profit-52,177-15,0941,91911,29821,73729,5012,816
Employee Costs157,494153,414157,81651,24948,13845,75148,018
Number Of Employees3331111
EBITDA*-52,144-15,7651,76013,52026,97636,7403,543

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014
Tangible Assets118158211281
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets118158211281
Stock & work in progress
Trade Debtors7247,9557,0248,5096,034
Group Debtors
Misc Debtors
Cash67,915101,80587,80788,667110,64245,8978,462
misc current assets
total current assets68,639101,80587,80796,622117,66654,40614,496
total assets68,639101,92387,96596,833117,94754,40614,496
Bank overdraft
Bank loan
Trade Creditors 68,51949,60420,54431,32163,71721,96911,560
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities68,51949,60420,54431,32163,71721,96911,560
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions22304056
total long term liabilities22304056
total liabilities68,51949,62620,57431,36163,77321,96911,560
net assets12052,29767,39165,47254,17432,4372,936
total shareholders funds12052,29767,39165,47254,17432,4372,936
May 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014
Operating Activities
Operating Profit-52,262-15,8051,70713,45026,97636,7403,543
Depreciation118405370
Amortisation
Tax-450-2,650-5,434-7,375-749
Stock
Debtors724-7,955931-1,4852,4756,034
Creditors18,91529,060-10,777-32,39641,74810,40911,560
Accruals and Deferred Income
Deferred Taxes & Provisions-22-8-10-1656
Cash flow from operations-33,97513,287-1,522-22,47364,83137,2998,320
Investing Activities
capital expenditure-281
Change in Investments
cash flow from investments-281
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue120
interest8571166249819613621
cash flow from financing85711662498196136141
cash and cash equivalents
cash-33,89013,998-860-21,97564,74537,4358,462
overdraft
change in cash-33,89013,998-860-21,97564,74537,4358,462

evolveu (uk) 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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Evolveu (uk) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for evolveu (uk) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in BB1 area or any other competitors across 12 key performance metrics.

evolveu (uk) limited Ownership

EVOLVEU (UK) LIMITED group structure

Evolveu (Uk) Limited has no subsidiary companies.

Ultimate parent company

EVOLVEU (UK) LIMITED

08609299

EVOLVEU (UK) LIMITED Shareholders

stephen kenneth gibson 33.33%
suzanne barbara gibson 33.33%
paul john gordon bentley 33.33%

evolveu (uk) limited directors

Evolveu (Uk) Limited currently has 3 directors. The longest serving directors include Mr Paul Bentley (Jul 2013) and Mrs Suzanne Gibson (Jul 2013).

officercountryagestartendrole
Mr Paul BentleyEngland46 years Jul 2013- Director
Mrs Suzanne GibsonEngland51 years Jul 2013- Director
Mr Stephen GibsonEngland48 years Jul 2013- Director

P&L

May 2021

turnover

31.2k

-80%

operating profit

-52.3k

0%

gross margin

63.4%

+3.86%

turnover

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

Balance Sheet

May 2021

net assets

120

-1%

total assets

68.6k

-0.33%

cash

67.9k

-0.33%

net assets

Total assets minus all liabilities

evolveu (uk) limited company details

company number

08609299

Type

Private limited with Share Capital

industry

65110 - Life insurance

65120 - Non-life insurance

incorporation date

July 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

May 2021

previous names

evolve u (uk) limited (September 2013)

evolve you limited (August 2013)

accountant

MAYES BUSINESS PARTNERSHIP LTD

auditor

-

address

unit 16 trident park, trident way, blackburn, BB1 3NU

Bank

-

Legal Advisor

-

evolveu (uk) 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 evolveu (uk) limited.

evolveu (uk) 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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evolveu (uk) limited Companies House Filings - See Documents

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