evolution surveys ltd

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evolution surveys ltd Company Information

Share EVOLUTION SURVEYS LTD

Company Number

09370554

Directors

Stephen Hurp

Shareholders

stephen hurp

diana hurp

Group Structure

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Industry

Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

 

Registered Address

31 burnell close, bayston hill, shrewsbury, shropshire, SY3 0PW

evolution surveys ltd Estimated Valuation

£102k

Pomanda estimates the enterprise value of EVOLUTION SURVEYS LTD at £102k based on a Turnover of £169.8k and 0.6x industry multiple (adjusted for size and gross margin).

evolution surveys ltd Estimated Valuation

£206.6k

Pomanda estimates the enterprise value of EVOLUTION SURVEYS LTD at £206.6k based on an EBITDA of £47.9k and a 4.32x industry multiple (adjusted for size and gross margin).

evolution surveys ltd Estimated Valuation

£65.9k

Pomanda estimates the enterprise value of EVOLUTION SURVEYS LTD at £65.9k based on Net Assets of £28.7k and 2.3x industry multiple (adjusted for liquidity).

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Evolution Surveys Ltd Overview

Evolution Surveys Ltd is a live company located in shrewsbury, SY3 0PW with a Companies House number of 09370554. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in December 2014, it's largest shareholder is stephen hurp with a 80% stake. Evolution Surveys Ltd is a established, micro sized company, Pomanda has estimated its turnover at £169.8k with healthy growth in recent years.

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Evolution Surveys Ltd Health Check

Pomanda's financial health check has awarded Evolution Surveys Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £169.8k, make it smaller than the average company (£2.9m)

£169.8k - Evolution Surveys Ltd

£2.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (7.2%)

11% - Evolution Surveys Ltd

7.2% - Industry AVG

production

Production

with a gross margin of 44.8%, this company has a comparable cost of product (44.8%)

44.8% - Evolution Surveys Ltd

44.8% - Industry AVG

profitability

Profitability

an operating margin of 24.7% make it more profitable than the average company (5.7%)

24.7% - Evolution Surveys Ltd

5.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (23)

2 - Evolution Surveys Ltd

23 - Industry AVG

paystructure

Pay Structure

on an average salary of £54k, the company has an equivalent pay structure (£54k)

£54k - Evolution Surveys Ltd

£54k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £84.9k, this is less efficient (£125.4k)

£84.9k - Evolution Surveys Ltd

£125.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 38 days, this is earlier than average (56 days)

38 days - Evolution Surveys Ltd

56 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Evolution Surveys Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Evolution Surveys Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (25 weeks)

0 weeks - Evolution Surveys Ltd

25 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 58.2%, this is a similar level of debt than the average (53.3%)

58.2% - Evolution Surveys Ltd

53.3% - Industry AVG

EVOLUTION SURVEYS LTD financials

EXPORTms excel logo

Evolution Surveys Ltd's latest turnover from December 2023 is estimated at £169.8 thousand and the company has net assets of £28.7 thousand. According to their latest financial statements, Evolution Surveys Ltd has 2 employees and maintains cash reserves of £100 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015
Turnover169,782118,681338,816125,340121,319237,268176,26266,05668,129
Other Income Or Grants
Cost Of Sales93,72567,597196,05970,90368,518134,56197,79934,98836,272
Gross Profit76,05751,083142,75754,43752,801102,70878,46231,06831,857
Admin Expenses34,18332,679106,22246,94794,514102,64287,13925,12925,308
Operating Profit41,87418,40436,5357,490-41,71366-8,6775,9396,549
Interest Payable3,7542,1622,0594,0862,2976036074925
Interest Receivable3242731
Pre-Tax Profit38,12316,24234,4773,405-44,010-537-9,2605,9186,555
Tax-9,531-3,086-6,551-647-1,183-1,311
Profit After Tax28,59213,15627,9262,758-44,010-537-9,2604,7345,244
Dividends Paid
Retained Profit28,59213,15627,9262,758-44,010-537-9,2604,7345,244
Employee Costs108,020102,25397,73195,14895,352138,571134,02243,93044,312
Number Of Employees222223311
EBITDA*47,86118,40446,68220,258-41,71366-1,09710,7066,549

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015
Tangible Assets7,7145,0157,64617,64817,22223,20317,97414,302
Intangible Assets
Investments & Other
Debtors (Due After 1 year)23,15932,91716,70012,008
Total Fixed Assets30,87337,9327,64634,34829,23023,20317,97414,302
Stock & work in progress
Trade Debtors18,0904,71760,1307,6605,89822,82710,1344,5234,667
Group Debtors
Misc Debtors18,36419,7711,5505,9341,9171,5791,6111,393
Cash100111139,45512,537
misc current assets1,217
total current assets37,77124,48861,68013,6057,82622,82711,71615,58918,597
total assets68,64462,42069,32647,95337,05646,03029,69029,89118,597
Bank overdraft14,56232,65030,06742,16817,880800774
Bank loan
Trade Creditors 57,90841,057
Group/Directors Accounts
other short term finances2,787
hp & lease commitments2,1654,871
other current liabilities18,71214,63613,09210,1134,21710,20712,087
total current liabilities33,27452,23857,90848,03052,28141,05722,09711,00712,861
loans6,66710,07135,81725,899
hp & lease commitments5,077
Accruals and Deferred Income
other liabilities24,5632,6054,7926,7758,806392
provisions
total long term liabilities6,66710,07124,56340,89428,5044,7926,7758,806392
total liabilities39,94162,30982,47188,92480,78545,84928,87219,81313,253
net assets28,703111-13,145-40,971-43,72918181810,0785,344
total shareholders funds28,703111-13,145-40,971-43,72918181810,0785,344
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015
Operating Activities
Operating Profit41,87418,40436,5357,490-41,71366-8,6775,9396,549
Depreciation5,98710,14712,7687,5804,767
Amortisation
Tax-9,531-3,086-6,551-647-1,183-1,311
Stock
Debtors2,208-4,27531,38610,471-3,00411,1145,579746,060
Creditors-57,90857,908-41,05741,057
Accruals and Deferred Income4,07614,636-13,0922,97910,113-4,217-5,990-1,88012,087
Deferred Taxes & Provisions
Cash flow from operations40,198-23,67953,56112,119-69,65325,792-12,6667,56911,265
Investing Activities
capital expenditure-8,6862,631-145-13,1945,981-5,229-11,252-19,069
Change in Investments
cash flow from investments-8,6862,631-145-13,1945,981-5,229-11,252-19,069
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans -2,7872,787
Long term loans-3,40410,071-35,8179,91825,899
Hire Purchase and Lease Commitments-2,1652,165-9,9489,948
other long term liabilities-24,56324,563-2,605-2,187-1,983-2,0318,414392
share issue100-100100-100100
interest-3,751-2,162-2,059-4,086-2,297-603-583-226
cash flow from financing-12,107-11,602-23,36113,17521,515-2,686-2,6148,392498
cash and cash equivalents
cash100-1111-3-9,452-3,08212,537
overdraft-18,08832,650-30,067-12,10142,168-17,88017,08026774
change in cash18,188-32,65030,05612,101-42,15717,877-26,532-3,10811,763

evolution surveys ltd 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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Evolution Surveys Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for evolution surveys ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in SY3 area or any other competitors across 12 key performance metrics.

evolution surveys ltd Ownership

EVOLUTION SURVEYS LTD group structure

Evolution Surveys Ltd has no subsidiary companies.

Ultimate parent company

EVOLUTION SURVEYS LTD

09370554

EVOLUTION SURVEYS LTD Shareholders

stephen hurp 80%
diana hurp 20%

evolution surveys ltd directors

Evolution Surveys Ltd currently has 1 director, Mr Stephen Hurp serving since Dec 2014.

officercountryagestartendrole
Mr Stephen HurpUnited Kingdom57 years Dec 2014- Director

P&L

December 2023

turnover

169.8k

+43%

operating profit

41.9k

0%

gross margin

44.8%

+4.08%

turnover

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

Balance Sheet

December 2023

net assets

28.7k

+257.59%

total assets

68.6k

+0.1%

cash

100

0%

net assets

Total assets minus all liabilities

evolution surveys ltd company details

company number

09370554

Type

Private limited with Share Capital

industry

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

incorporation date

December 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

TAXASSIST ACCOUNTANTS

auditor

-

address

31 burnell close, bayston hill, shrewsbury, shropshire, SY3 0PW

Bank

-

Legal Advisor

-

evolution surveys 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 did not find charges/mortgages relating to evolution surveys ltd.

evolution surveys ltd 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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evolution surveys ltd Companies House Filings - See Documents

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