evolution fitness studio ltd Company Information
Company Number
10932273
Next Accounts
Sep 2025
Shareholders
nicholas edward evans
paul gough
View AllGroup Structure
View All
Industry
Fitness facilities
Registered Address
40 sheen lane, london, SW14 8LW
Website
evolutionldn.comevolution fitness studio ltd Estimated Valuation
Pomanda estimates the enterprise value of EVOLUTION FITNESS STUDIO LTD at £464.4k based on a Turnover of £406.8k and 1.14x industry multiple (adjusted for size and gross margin).
evolution fitness studio ltd Estimated Valuation
Pomanda estimates the enterprise value of EVOLUTION FITNESS STUDIO LTD at £557.6k based on an EBITDA of £105.3k and a 5.3x industry multiple (adjusted for size and gross margin).
evolution fitness studio ltd Estimated Valuation
Pomanda estimates the enterprise value of EVOLUTION FITNESS STUDIO LTD at £43.1k based on Net Assets of £12.6k and 3.42x industry multiple (adjusted for liquidity).
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Evolution Fitness Studio Ltd Overview
Evolution Fitness Studio Ltd is a live company located in london, SW14 8LW with a Companies House number of 10932273. It operates in the fitness facilities sector, SIC Code 93130. Founded in August 2017, it's largest shareholder is nicholas edward evans with a 54% stake. Evolution Fitness Studio Ltd is a young, micro sized company, Pomanda has estimated its turnover at £406.8k with rapid growth in recent years.
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Evolution Fitness Studio Ltd Health Check
Pomanda's financial health check has awarded Evolution Fitness Studio Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
2 Weak
Size
annual sales of £406.8k, make it larger than the average company (£269.1k)
- Evolution Fitness Studio Ltd
£269.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 93%, show it is growing at a faster rate (7.5%)
- Evolution Fitness Studio Ltd
7.5% - Industry AVG
Production
with a gross margin of 85.7%, this company has a comparable cost of product (85.7%)
- Evolution Fitness Studio Ltd
85.7% - Industry AVG
Profitability
an operating margin of 5.9% make it more profitable than the average company (4.8%)
- Evolution Fitness Studio Ltd
4.8% - Industry AVG
Employees
with 10 employees, this is similar to the industry average (9)
10 - Evolution Fitness Studio Ltd
9 - Industry AVG
Pay Structure
on an average salary of £20k, the company has an equivalent pay structure (£20k)
- Evolution Fitness Studio Ltd
£20k - Industry AVG
Efficiency
resulting in sales per employee of £40.7k, this is less efficient (£64.4k)
- Evolution Fitness Studio Ltd
£64.4k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (11 days)
- Evolution Fitness Studio Ltd
11 days - Industry AVG
Creditor Days
its suppliers are paid after 93 days, this is close to average (97 days)
- Evolution Fitness Studio Ltd
97 days - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is less than average (20 days)
- Evolution Fitness Studio Ltd
20 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 52 weeks, this is more cash available to meet short term requirements (25 weeks)
52 weeks - Evolution Fitness Studio Ltd
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.2%, this is a higher level of debt than the average (83.7%)
94.2% - Evolution Fitness Studio Ltd
83.7% - Industry AVG
EVOLUTION FITNESS STUDIO LTD financials
Evolution Fitness Studio Ltd's latest turnover from December 2023 is estimated at £406.8 thousand and the company has net assets of £12.6 thousand. According to their latest financial statements, Evolution Fitness Studio Ltd has 10 employees and maintains cash reserves of £90 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
---|---|---|---|---|---|---|
Turnover | ||||||
Other Income Or Grants | ||||||
Cost Of Sales | ||||||
Gross Profit | ||||||
Admin Expenses | ||||||
Operating Profit | ||||||
Interest Payable | ||||||
Interest Receivable | ||||||
Pre-Tax Profit | ||||||
Tax | ||||||
Profit After Tax | ||||||
Dividends Paid | ||||||
Retained Profit | ||||||
Employee Costs | ||||||
Number Of Employees | 10 | 6 | 3 | 1 | 1 | 1 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
---|---|---|---|---|---|---|
Tangible Assets | 113,367 | 146,408 | 185,657 | 216,686 | 128,925 | 64,532 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 113,367 | 146,408 | 185,657 | 216,686 | 128,925 | 64,532 |
Stock & work in progress | 2,177 | 2,630 | 4,062 | 1,965 | 0 | 2,859 |
Trade Debtors | 2,400 | 2,400 | 2,580 | 3,480 | 0 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 9,000 | 9,000 | 11,150 | 16,500 | 19,580 | 5,022 |
Cash | 90,023 | 101,915 | 148,237 | 116,965 | 207,905 | 43,359 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 103,600 | 115,945 | 166,029 | 138,910 | 227,485 | 51,240 |
total assets | 216,967 | 262,353 | 351,686 | 355,596 | 356,410 | 115,772 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 10,221 | 10,221 | 9,997 | 0 | 0 | 0 |
Trade Creditors | 14,931 | 11,509 | 9,605 | 16,317 | 14,176 | 6,752 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 11,105 | 11,105 | 10,564 | 10,050 | 0 | 11,779 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 52,869 | 85,570 | 77,784 | 77,307 | 51,838 | 53,440 |
total current liabilities | 89,126 | 118,405 | 107,950 | 103,674 | 66,014 | 71,971 |
loans | 93,711 | 114,819 | 136,148 | 161,709 | 125,000 | 25,750 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 21,540 | 27,817 | 0 | 0 | 0 | 0 |
total long term liabilities | 115,251 | 142,636 | 136,148 | 161,709 | 125,000 | 25,750 |
total liabilities | 204,377 | 261,041 | 244,098 | 265,383 | 191,014 | 97,721 |
net assets | 12,590 | 1,312 | 107,588 | 90,213 | 165,396 | 18,051 |
total shareholders funds | 12,590 | 1,312 | 107,588 | 90,213 | 165,396 | 18,051 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
---|---|---|---|---|---|---|
Operating Activities | ||||||
Operating Profit | ||||||
Depreciation | 81,142 | 71,949 | 71,121 | 880 | 37,141 | 16,791 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||
Stock | -453 | -1,432 | 2,097 | 1,965 | -2,859 | 2,859 |
Debtors | 0 | -2,330 | -6,250 | 400 | 14,558 | 5,022 |
Creditors | 3,422 | 1,904 | -6,712 | 2,141 | 7,424 | 6,752 |
Accruals and Deferred Income | -32,701 | 7,786 | 477 | 25,469 | -1,602 | 53,440 |
Deferred Taxes & Provisions | -6,277 | 27,817 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||
Investing Activities | ||||||
capital expenditure | ||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||
Financing Activities | ||||||
Bank loans | 0 | 224 | 9,997 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 541 | 514 | 10,050 | -11,779 | 11,779 |
Long term loans | -21,108 | -21,329 | -25,561 | 36,709 | 99,250 | 25,750 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||
interest | ||||||
cash flow from financing | ||||||
cash and cash equivalents | ||||||
cash | -11,892 | -46,322 | 31,272 | -90,940 | 164,546 | 43,359 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -11,892 | -46,322 | 31,272 | -90,940 | 164,546 | 43,359 |
evolution fitness studio ltd Credit Report and Business Information
Evolution Fitness Studio Ltd Competitor Analysis
Perform a competitor analysis for evolution fitness studio ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in SW14 area or any other competitors across 12 key performance metrics.
evolution fitness studio ltd Ownership
EVOLUTION FITNESS STUDIO LTD group structure
Evolution Fitness Studio Ltd has no subsidiary companies.
Ultimate parent company
EVOLUTION FITNESS STUDIO LTD
10932273
evolution fitness studio ltd directors
Evolution Fitness Studio Ltd currently has 2 directors. The longest serving directors include Mr Nicholas Evans (Aug 2017) and Miss Emma Talbott (Nov 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Nicholas Evans | United Kingdom | 52 years | Aug 2017 | - | Director |
Miss Emma Talbott | England | 50 years | Nov 2021 | - | Director |
P&L
December 2023turnover
406.8k
+82%
operating profit
24.1k
0%
gross margin
85.8%
+3.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
12.6k
+8.6%
total assets
217k
-0.17%
cash
90k
-0.12%
net assets
Total assets minus all liabilities
evolution fitness studio ltd company details
company number
10932273
Type
Private limited with Share Capital
industry
93130 - Fitness facilities
incorporation date
August 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
insomnia spin limited (September 2017)
accountant
-
auditor
-
address
40 sheen lane, london, SW14 8LW
Bank
-
Legal Advisor
-
evolution fitness studio 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 2 charges/mortgages relating to evolution fitness studio ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
evolution fitness studio 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 fitness studio ltd Companies House Filings - See Documents
date | description | view/download |
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