evolve (milton keynes) limited
evolve (milton keynes) limited Company Information
Company Number
11413208
Next Accounts
Dec 2025
Directors
Shareholders
galliard holdings limited
Group Structure
View All
Industry
Development of building projects
Registered Address
3rd floor, sterling house, langston road, loughton, essex, IG10 3TS
Website
www.evolveworks.co.ukevolve (milton keynes) limited Estimated Valuation
Pomanda estimates the enterprise value of EVOLVE (MILTON KEYNES) LIMITED at £429.3k based on a Turnover of £1.8m and 0.24x industry multiple (adjusted for size and gross margin).
evolve (milton keynes) limited Estimated Valuation
Pomanda estimates the enterprise value of EVOLVE (MILTON KEYNES) LIMITED at £0 based on an EBITDA of £-14.3k and a 1.89x industry multiple (adjusted for size and gross margin).
evolve (milton keynes) limited Estimated Valuation
Pomanda estimates the enterprise value of EVOLVE (MILTON KEYNES) LIMITED at £0 based on Net Assets of £-2m and 1.41x industry multiple (adjusted for liquidity).
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Evolve (milton Keynes) Limited Overview
Evolve (milton Keynes) Limited is a live company located in loughton, IG10 3TS with a Companies House number of 11413208. It operates in the development of building projects sector, SIC Code 41100. Founded in June 2018, it's largest shareholder is galliard holdings limited with a 100% stake. Evolve (milton Keynes) Limited is a young, small sized company, Pomanda has estimated its turnover at £1.8m with unknown growth in recent years.
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Evolve (milton Keynes) Limited Health Check
Pomanda's financial health check has awarded Evolve (Milton Keynes) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs
0 Strong
4 Regular
5 Weak
Size
annual sales of £1.8m, make it smaller than the average company (£2.3m)
£1.8m - Evolve (milton Keynes) Limited
£2.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Evolve (milton Keynes) Limited
- - Industry AVG
Production
with a gross margin of -0.6%, this company has a higher cost of product (26.4%)
-0.6% - Evolve (milton Keynes) Limited
26.4% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (7.5%)
-0.8% - Evolve (milton Keynes) Limited
7.5% - Industry AVG
Employees
with 7 employees, this is similar to the industry average (6)
- Evolve (milton Keynes) Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
- Evolve (milton Keynes) Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £257.1k, this is equally as efficient (£274.9k)
- Evolve (milton Keynes) Limited
£274.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Evolve (milton Keynes) Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (31 days)
0 days - Evolve (milton Keynes) Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Evolve (milton Keynes) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is average cash available to meet short term requirements (11 weeks)
9 weeks - Evolve (milton Keynes) Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 543.4%, this is a higher level of debt than the average (73.7%)
543.4% - Evolve (milton Keynes) Limited
73.7% - Industry AVG
EVOLVE (MILTON KEYNES) LIMITED financials
Evolve (Milton Keynes) Limited's latest turnover from March 2024 is £1.8 million and the company has net assets of -£2 million. According to their latest financial statements, we estimate that Evolve (Milton Keynes) Limited has 7 employees and maintains cash reserves of £443.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Turnover | 1,800,000 | |||||
| Other Income Or Grants | ||||||
| Cost Of Sales | 1,811,686 | 1,575,668 | 1,994 | 217 | 10,494 | 3,518 |
| Gross Profit | -11,686 | -1,575,668 | -1,994 | -217 | -10,494 | -3,518 |
| Admin Expenses | 2,610 | 2,591 | 5,072 | 2,745 | 2,586 | 2,581 |
| Operating Profit | -14,296 | -1,578,259 | -7,066 | -2,962 | -13,080 | -6,099 |
| Interest Payable | 74,635 | 85,627 | 83,520 | 94,313 | 8,445 | |
| Interest Receivable | 2,806 | 539 | 10 | 128 | 60 | |
| Pre-Tax Profit | -86,125 | -1,663,347 | -90,576 | -97,147 | -21,465 | -6,097 |
| Tax | ||||||
| Profit After Tax | -86,125 | -1,663,347 | -90,576 | -97,147 | -21,465 | -6,097 |
| Dividends Paid | ||||||
| Retained Profit | -86,125 | -1,663,347 | -90,576 | -97,147 | -21,465 | -6,097 |
| Employee Costs | ||||||
| Number Of Employees | ||||||
| EBITDA* | -14,296 | -1,578,259 | -7,066 | -2,962 | -13,080 | -6,099 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | ||||||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | ||||||
| Stock & work in progress | 1,777,500 | 2,427,270 | 2,397,514 | 2,390,950 | 2,074,126 | |
| Trade Debtors | 6,020 | |||||
| Group Debtors | 49,810 | |||||
| Misc Debtors | 2 | 21,450 | 51,199 | 50,322 | 5,043 | 4,335 |
| Cash | 443,132 | 64,631 | 214,013 | 126,021 | 133,731 | 38,216 |
| misc current assets | ||||||
| total current assets | 443,134 | 1,913,391 | 2,692,482 | 2,573,857 | 2,529,724 | 2,122,697 |
| total assets | 443,134 | 1,913,391 | 2,692,482 | 2,573,857 | 2,529,724 | 2,122,697 |
| Bank overdraft | 1,003,308 | 908,995 | ||||
| Bank loan | 799,405 | 993,942 | ||||
| Trade Creditors | 14 | 3,700 | 3,000 | 11,474 | ||
| Group/Directors Accounts | 2,025,319 | 2,762,535 | 1,913,823 | 1,692,256 | 1,634,315 | 326,292 |
| other short term finances | 200,596 | |||||
| hp & lease commitments | ||||||
| other current liabilities | 382,556 | 25,785 | 2,500 | 1,802,500 | ||
| total current liabilities | 2,407,889 | 3,792,021 | 2,907,765 | 2,698,564 | 2,557,284 | 2,128,792 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | ||||||
| total liabilities | 2,407,889 | 3,792,021 | 2,907,765 | 2,698,564 | 2,557,284 | 2,128,792 |
| net assets | -1,964,755 | -1,878,630 | -215,283 | -124,707 | -27,560 | -6,095 |
| total shareholders funds | -1,964,755 | -1,878,630 | -215,283 | -124,707 | -27,560 | -6,095 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -14,296 | -1,578,259 | -7,066 | -2,962 | -13,080 | -6,099 |
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | -1,777,500 | -649,770 | 29,756 | 6,564 | 316,824 | 2,074,126 |
| Debtors | -71,258 | 20,061 | 877 | 45,279 | -5,312 | 10,355 |
| Creditors | -3,686 | 3,700 | -3,000 | -8,474 | 11,474 | |
| Accruals and Deferred Income | 356,771 | 25,785 | -2,500 | -1,800,000 | 1,802,500 | |
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | 2,187,547 | -919,065 | -40,699 | -65,779 | -2,113,118 | -288,080 |
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | -799,405 | -194,537 | 993,942 | |||
| Group/Directors Accounts | -737,216 | 848,712 | 221,567 | 57,941 | 1,308,023 | 326,292 |
| Other Short Term Loans | -200,596 | 200,596 | ||||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | -71,829 | -85,088 | -83,510 | -94,185 | -8,385 | |
| cash flow from financing | -1,809,046 | 769,683 | 1,131,999 | -36,244 | 1,299,638 | 326,294 |
| cash and cash equivalents | ||||||
| cash | 378,501 | -149,382 | 87,992 | -7,710 | 95,515 | 38,216 |
| overdraft | -1,003,308 | 94,313 | 908,995 | |||
| change in cash | 378,501 | -149,382 | 1,091,300 | -102,023 | -813,480 | 38,216 |
evolve (milton keynes) limited Credit Report and Business Information
Evolve (milton Keynes) Limited Competitor Analysis
Perform a competitor analysis for evolve (milton keynes) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in IG10 area or any other competitors across 12 key performance metrics.
evolve (milton keynes) limited Ownership
EVOLVE (MILTON KEYNES) LIMITED group structure
Evolve (Milton Keynes) Limited has no subsidiary companies.
Ultimate parent company
2 parents
EVOLVE (MILTON KEYNES) LIMITED
11413208
evolve (milton keynes) limited directors
Evolve (Milton Keynes) Limited currently has 1 director, Mr Stephen Conway serving since Jun 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Conway | 77 years | Jun 2018 | - | Director |
P&L
March 2024turnover
1.8m
0%
operating profit
-14.3k
-99%
gross margin
-0.6%
-100%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-2m
+0.05%
total assets
443.1k
-0.77%
cash
443.1k
+5.86%
net assets
Total assets minus all liabilities
evolve (milton keynes) limited company details
company number
11413208
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
June 2018
age
7
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
BUZZACOTT LLP
address
3rd floor, sterling house, langston road, loughton, essex, IG10 3TS
Bank
-
Legal Advisor
-
evolve (milton keynes) 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 found 2 charges/mortgages relating to evolve (milton keynes) limited. Currently there are 2 open charges and 0 have been satisfied in the past.
evolve (milton keynes) 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.
Click to start generating capital raising & share issue transactions for EVOLVE (MILTON KEYNES) LIMITED. This can take several minutes, an email will notify you when this has completed.
evolve (milton keynes) limited Companies House Filings - See Documents
| date | description | view/download |
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