evolveyou app limited

evolveyou app limited Company Information

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Company Number

10591766

Industry

Other business support service activities n.e.c.

 

Shareholders

kristiana cela

jack alan edward bullimore

Group Structure

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Contact

Registered Address

langley house park road, london, N2 8EY

evolveyou app limited Estimated Valuation

£2.7m

Pomanda estimates the enterprise value of EVOLVEYOU APP LIMITED at £2.7m based on a Turnover of £4.6m and 0.59x industry multiple (adjusted for size and gross margin).

evolveyou app limited Estimated Valuation

£2m

Pomanda estimates the enterprise value of EVOLVEYOU APP LIMITED at £2m based on an EBITDA of £467.6k and a 4.32x industry multiple (adjusted for size and gross margin).

evolveyou app limited Estimated Valuation

£3.4m

Pomanda estimates the enterprise value of EVOLVEYOU APP LIMITED at £3.4m based on Net Assets of £1.4m and 2.35x industry multiple (adjusted for liquidity).

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Evolveyou App Limited Overview

Evolveyou App Limited is a live company located in london, N2 8EY with a Companies House number of 10591766. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 2017, it's largest shareholder is kristiana cela with a 64.4% stake. Evolveyou App Limited is a young, small sized company, Pomanda has estimated its turnover at £4.6m with rapid growth in recent years.

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Evolveyou App Limited Health Check

Pomanda's financial health check has awarded Evolveyou App Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

3 Regular

positive_score

2 Weak

size

Size

annual sales of £4.6m, make it larger than the average company (£3.6m)

£4.6m - Evolveyou App Limited

£3.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (4.9%)

32% - Evolveyou App Limited

4.9% - Industry AVG

production

Production

with a gross margin of 37.8%, this company has a comparable cost of product (37.8%)

37.8% - Evolveyou App Limited

37.8% - Industry AVG

profitability

Profitability

an operating margin of 9.1% make it more profitable than the average company (6.1%)

9.1% - Evolveyou App Limited

6.1% - Industry AVG

employees

Employees

with 37 employees, this is above the industry average (23)

37 - Evolveyou App Limited

23 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.3k, the company has an equivalent pay structure (£47.3k)

£47.3k - Evolveyou App Limited

£47.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £125.1k, this is less efficient (£150.9k)

£125.1k - Evolveyou App Limited

£150.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 53 days, this is later than average (40 days)

53 days - Evolveyou App Limited

40 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 43 days, this is slower than average (33 days)

43 days - Evolveyou App Limited

33 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 30 days, this is in line with average (33 days)

30 days - Evolveyou App Limited

33 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 43 weeks, this is more cash available to meet short term requirements (25 weeks)

43 weeks - Evolveyou App Limited

25 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 35.2%, this is a lower level of debt than the average (61.4%)

35.2% - Evolveyou App Limited

61.4% - Industry AVG

EVOLVEYOU APP LIMITED financials

EXPORTms excel logo

Evolveyou App Limited's latest turnover from July 2023 is estimated at £4.6 million and the company has net assets of £1.4 million. According to their latest financial statements, Evolveyou App Limited has 37 employees and maintains cash reserves of £647.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2022Mar 2022Jul 2021Jul 2020Jul 2019Jan 2018
Turnover4,629,5134,746,7254,299,2633,625,7362,025,9961,367,3761,805,422
Other Income Or Grants0000000
Cost Of Sales2,878,7372,935,7412,660,7982,300,2461,257,192856,1821,123,819
Gross Profit1,750,7761,810,9841,638,4661,325,490768,803511,194681,603
Admin Expenses1,328,1122,543,6211,866,3331,031,801-275,516-83,350344,366
Operating Profit422,664-732,637-227,867293,6891,044,319594,544337,237
Interest Payable17,1834,18665300
Interest Receivable30,92110,0667,4271,0488222,1330
Pre-Tax Profit436,401-726,757-220,445294,7321,045,138596,677337,237
Tax-109,10000-55,999-198,576-113,369-64,075
Profit After Tax327,301-726,757-220,445238,733846,562483,308273,162
Dividends Paid0000000
Retained Profit327,301-726,757-220,445238,733846,562483,308273,162
Employee Costs1,749,3241,789,5601,328,6151,104,089745,943206,60338,500
Number Of Employees374032261851
EBITDA*467,619-716,972-196,027313,2321,061,819604,375337,237

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Mar 2022Jul 2021Jul 2020Jul 2019Jan 2018
Tangible Assets140,480177,791172,797154,56733,48114,1354,486
Intangible Assets0000000
Investments & Other10000000
Debtors (Due After 1 year)0000000
Total Fixed Assets140,490177,791172,797154,56733,48114,1354,486
Stock & work in progress237,402264,47080,7040000
Trade Debtors679,895603,394660,478617,061351,130295,272439,106
Group Debtors160,236000000
Misc Debtors359,085501,692462,746430,236427,484143,2190
Cash647,489589,343959,4561,021,1791,075,530568,7710
misc current assets0000000
total current assets2,084,1071,958,8992,163,3842,068,4761,854,1441,007,262439,106
total assets2,224,5972,136,6902,336,1812,223,0431,887,6251,021,397443,592
Bank overdraft197,035115,39082828200
Bank loan0000000
Trade Creditors 345,305696,920575,857259,2584,33181,550170,430
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities229,567203,131133,630116,646275,797180,5910
total current liabilities771,9071,015,441709,569375,986280,210262,141170,430
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities0000000
provisions10,2816,1415,1925,1924,2832,6860
total long term liabilities10,2816,1415,1925,1924,2832,6860
total liabilities782,1881,021,582714,761381,178284,493264,827170,430
net assets1,442,4091,115,1081,621,4201,841,8651,603,132756,570273,162
total shareholders funds1,442,4091,115,1081,621,4201,841,8651,603,132756,570273,162
Jul 2023Jul 2022Mar 2022Jul 2021Jul 2020Jul 2019Jan 2018
Operating Activities
Operating Profit422,664-732,637-227,867293,6891,044,319594,544337,237
Depreciation44,95515,66531,84019,54317,5009,8310
Amortisation0000000
Tax-109,10000-55,999-198,576-113,369-64,075
Stock-27,068264,47080,7040000
Debtors94,13057,78975,927268,683340,123-615439,106
Creditors-351,615437,662316,599254,927-77,219-88,880170,430
Accruals and Deferred Income26,43686,48516,984-159,15195,206180,5910
Deferred Taxes & Provisions4,14094909091,5972,6860
Cash flow from operations-29,582-514,135-19,07585,235542,704586,0184,486
Investing Activities
capital expenditure-7,644-38,889-50,070-140,629-36,846-19,480-4,486
Change in Investments10000000
cash flow from investments-7,654-38,889-50,070-140,629-36,846-19,480-4,486
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities0000000
share issue000001000
interest13,7385,8807,4211,0438192,1330
cash flow from financing13,7385,8807,4211,0438192,2330
cash and cash equivalents
cash58,146-431,836-61,723-54,351506,759568,7710
overdraft81,645115,308008200
change in cash-23,499-547,144-61,723-54,351506,677568,7710

evolveyou app 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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Evolveyou App Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for evolveyou app limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in N 2 area or any other competitors across 12 key performance metrics.

evolveyou app limited Ownership

EVOLVEYOU APP LIMITED group structure

Evolveyou App Limited has no subsidiary companies.

Ultimate parent company

EVOLVEYOU APP LIMITED

10591766

EVOLVEYOU APP LIMITED Shareholders

kristiana cela 64.36%
jack alan edward bullimore 35.64%

evolveyou app limited directors

Evolveyou App Limited currently has 2 directors. The longest serving directors include Mrs Kristiana Cela (Jan 2017) and Mr Jack Bullimore (Jan 2018).

officercountryagestartendrole
Mrs Kristiana CelaUnited Kingdom29 years Jan 2017- Director
Mr Jack BullimoreUnited Kingdom30 years Jan 2018- Director

P&L

July 2023

turnover

4.6m

-2%

operating profit

422.7k

0%

gross margin

37.9%

-0.88%

turnover

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

Balance Sheet

July 2023

net assets

1.4m

+0.29%

total assets

2.2m

+0.04%

cash

647.5k

+0.1%

net assets

Total assets minus all liabilities

evolveyou app limited company details

company number

10591766

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

January 2017

age

7

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

July 2023

previous names

tone & sculpt limited (February 2022)

celasimplicity limited (July 2021)

accountant

ACCURA ACCOUNTANTS LTD

auditor

-

address

langley house park road, london, N2 8EY

Bank

-

Legal Advisor

-

evolveyou app 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 evolveyou app limited.

evolveyou app 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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evolveyou app limited Companies House Filings - See Documents

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