evolution fitness studio ltd

Live YoungMicroRapid

evolution fitness studio ltd Company Information

Share EVOLUTION FITNESS STUDIO LTD

Company Number

10932273

Shareholders

nicholas edward evans

paul gough

View All

Group Structure

View All

Industry

Fitness facilities

 

Registered Address

40 sheen lane, london, SW14 8LW

evolution fitness studio ltd Estimated Valuation

£464.4k

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

£557.6k

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

£43.1k

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).

Edit your figures and get a professional valuation report.

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.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

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

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

4 Regular

positive_score

2 Weak

size

Size

annual sales of £406.8k, make it larger than the average company (£269.1k)

£406.8k - Evolution Fitness Studio Ltd

£269.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 93%, show it is growing at a faster rate (7.5%)

93% - Evolution Fitness Studio Ltd

7.5% - Industry AVG

production

Production

with a gross margin of 85.7%, this company has a comparable cost of product (85.7%)

85.7% - Evolution Fitness Studio Ltd

85.7% - Industry AVG

profitability

Profitability

an operating margin of 5.9% make it more profitable than the average company (4.8%)

5.9% - Evolution Fitness Studio Ltd

4.8% - Industry AVG

employees

Employees

with 10 employees, this is similar to the industry average (9)

10 - Evolution Fitness Studio Ltd

9 - Industry AVG

paystructure

Pay Structure

on an average salary of £20k, the company has an equivalent pay structure (£20k)

£20k - Evolution Fitness Studio Ltd

£20k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £40.7k, this is less efficient (£64.4k)

£40.7k - Evolution Fitness Studio Ltd

£64.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 2 days, this is earlier than average (11 days)

2 days - Evolution Fitness Studio Ltd

11 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 93 days, this is close to average (97 days)

93 days - Evolution Fitness Studio Ltd

97 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 13 days, this is less than average (20 days)

13 days - Evolution Fitness Studio Ltd

20 days - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Turnover406,809223,31593,36556,26453,58649,870
Other Income Or Grants000000
Cost Of Sales58,05638,7308,96710,5309,7546,965
Gross Profit348,753184,58484,39945,73443,83242,905
Admin Expenses324,625281,327167,091152,02879,44498,820
Operating Profit24,128-96,743-82,692-106,294-35,612-55,915
Interest Payable14,12913,91110,2659,0515,4851,267
Interest Receivable5,0384,378332162942163
Pre-Tax Profit15,037-106,276-92,625-115,183-40,155-57,019
Tax-3,75900000
Profit After Tax11,278-106,276-92,625-115,183-40,155-57,019
Dividends Paid000000
Retained Profit11,278-106,276-92,625-115,183-40,155-57,019
Employee Costs200,405108,15055,29619,67919,78417,466
Number Of Employees1063111
EBITDA*105,270-24,794-11,571-105,4141,529-39,124

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Tangible Assets113,367146,408185,657216,686128,92564,532
Intangible Assets000000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets113,367146,408185,657216,686128,92564,532
Stock & work in progress2,1772,6304,0621,96502,859
Trade Debtors2,4002,4002,5803,48000
Group Debtors000000
Misc Debtors9,0009,00011,15016,50019,5805,022
Cash90,023101,915148,237116,965207,90543,359
misc current assets000000
total current assets103,600115,945166,029138,910227,48551,240
total assets216,967262,353351,686355,596356,410115,772
Bank overdraft000000
Bank loan10,22110,2219,997000
Trade Creditors 14,93111,5099,60516,31714,1766,752
Group/Directors Accounts000000
other short term finances11,10511,10510,56410,050011,779
hp & lease commitments000000
other current liabilities52,86985,57077,78477,30751,83853,440
total current liabilities89,126118,405107,950103,67466,01471,971
loans93,711114,819136,148161,709125,00025,750
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities000000
provisions21,54027,8170000
total long term liabilities115,251142,636136,148161,709125,00025,750
total liabilities204,377261,041244,098265,383191,01497,721
net assets12,5901,312107,58890,213165,39618,051
total shareholders funds12,5901,312107,58890,213165,39618,051
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Operating Activities
Operating Profit24,128-96,743-82,692-106,294-35,612-55,915
Depreciation81,14271,94971,12188037,14116,791
Amortisation000000
Tax-3,75900000
Stock-453-1,4322,0971,965-2,8592,859
Debtors0-2,330-6,25040014,5585,022
Creditors3,4221,904-6,7122,1417,4246,752
Accruals and Deferred Income-32,7017,78647725,469-1,60253,440
Deferred Taxes & Provisions-6,27727,8170000
Cash flow from operations66,40816,475-13,653-80,169-4,34813,187
Investing Activities
capital expenditure-48,101-32,700-40,092-88,641-101,534-81,323
Change in Investments000000
cash flow from investments-48,101-32,700-40,092-88,641-101,534-81,323
Financing Activities
Bank loans02249,997000
Group/Directors Accounts000000
Other Short Term Loans 054151410,050-11,77911,779
Long term loans-21,108-21,329-25,56136,70999,25025,750
Hire Purchase and Lease Commitments000000
other long term liabilities000000
share issue00110,00040,000187,50075,070
interest-9,091-9,533-9,933-8,889-4,543-1,104
cash flow from financing-30,199-30,09785,01777,870270,428111,495
cash and cash equivalents
cash-11,892-46,32231,272-90,940164,54643,359
overdraft000000
change in cash-11,892-46,32231,272-90,940164,54643,359

evolution fitness studio ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for evolution fitness studio ltd. Get real-time insights into evolution fitness studio ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Evolution Fitness Studio Ltd Competitor Analysis

competitor_analysis_table_img

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 Shareholders

nicholas edward evans 53.96%
paul gough 10.79%
camilla harrisson 5.04%
stephen ross 2.16%
dr andreas raffel 2.16%
mark little 1.44%
fran haines 1.44%
sarah waterhouse 1.44%
dominic burke 1.44%
alex stevens 1.44%

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).

officercountryagestartendrole
Mr Nicholas EvansUnited Kingdom52 years Aug 2017- Director
Miss Emma TalbottEngland50 years Nov 2021- Director

P&L

December 2023

turnover

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 2023

net 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

None

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.

Click to start generating capital raising & share issue transactions for EVOLUTION FITNESS STUDIO LTD. This can take several minutes, an email will notify you when this has completed.

evolution fitness studio ltd Companies House Filings - See Documents

datedescriptionview/download