evolve digital media ltd

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evolve digital media ltd Company Information

Share EVOLVE DIGITAL MEDIA LTD

Company Number

11417421

Shareholders

aatif rashid

raza israil

Group Structure

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Industry

Other retail sale not in stores, stalls or markets

 +1

Registered Address

2 chapeltown road, leeds, west yorkshire, LS7 3AP

evolve digital media ltd Estimated Valuation

£28.8k

Pomanda estimates the enterprise value of EVOLVE DIGITAL MEDIA LTD at £28.8k based on a Turnover of £93.5k and 0.31x industry multiple (adjusted for size and gross margin).

evolve digital media ltd Estimated Valuation

£1.5k

Pomanda estimates the enterprise value of EVOLVE DIGITAL MEDIA LTD at £1.5k based on an EBITDA of £581 and a 2.57x industry multiple (adjusted for size and gross margin).

evolve digital media ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of EVOLVE DIGITAL MEDIA LTD at £0 based on Net Assets of £-19k and 1.94x industry multiple (adjusted for liquidity).

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Evolve Digital Media Ltd Overview

Evolve Digital Media Ltd is a live company located in west yorkshire, LS7 3AP with a Companies House number of 11417421. It operates in the other retail sale not in stores, stalls or markets sector, SIC Code 47990. Founded in June 2018, it's largest shareholder is aatif rashid with a 50% stake. Evolve Digital Media Ltd is a young, micro sized company, Pomanda has estimated its turnover at £93.5k with rapid growth in recent years.

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Evolve Digital Media Ltd Health Check

Pomanda's financial health check has awarded Evolve Digital Media Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £93.5k, make it smaller than the average company (£4.7m)

£93.5k - Evolve Digital Media Ltd

£4.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 175%, show it is growing at a faster rate (5%)

175% - Evolve Digital Media Ltd

5% - Industry AVG

production

Production

with a gross margin of 19.9%, this company has a higher cost of product (37%)

19.9% - Evolve Digital Media Ltd

37% - Industry AVG

profitability

Profitability

an operating margin of 0.6% make it less profitable than the average company (5.1%)

0.6% - Evolve Digital Media Ltd

5.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (26)

1 - Evolve Digital Media Ltd

26 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.7k, the company has an equivalent pay structure (£48.7k)

£48.7k - Evolve Digital Media Ltd

£48.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £93.5k, this is less efficient (£191k)

£93.5k - Evolve Digital Media Ltd

£191k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Evolve Digital Media Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Evolve Digital Media Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Evolve Digital Media Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 24 weeks, this is average cash available to meet short term requirements (21 weeks)

24 weeks - Evolve Digital Media Ltd

21 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 1133.5%, this is a higher level of debt than the average (64.1%)

1133.5% - Evolve Digital Media Ltd

64.1% - Industry AVG

EVOLVE DIGITAL MEDIA LTD financials

EXPORTms excel logo

Evolve Digital Media Ltd's latest turnover from June 2023 is estimated at £93.5 thousand and the company has net assets of -£19 thousand. According to their latest financial statements, Evolve Digital Media Ltd has 1 employee and maintains cash reserves of £1.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019
Turnover93,54527,67234,8154,4988,371
Other Income Or Grants
Cost Of Sales74,97421,86527,9453,5486,562
Gross Profit18,5725,8066,8719501,809
Admin Expenses17,9916,30628,008978-1,895
Operating Profit581-500-21,137-283,704
Interest Payable929
Interest Receivable46
Pre-Tax Profit-302-500-21,137-283,704
Tax-704
Profit After Tax-302-500-21,137-283,000
Dividends Paid
Retained Profit-302-500-21,137-283,000
Employee Costs48,68547,99244,91943,35444,404
Number Of Employees11111
EBITDA*581-500-21,137-283,704

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019
Tangible Assets1,0001,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,0001,000
Stock & work in progress
Trade Debtors1,8351,8352,0002,000
Group Debtors
Misc Debtors2
Cash1,833
misc current assets
total current assets1,8351,8351,8352,0002,000
total assets1,8351,8351,8353,0003,000
Bank overdraft
Bank loan
Trade Creditors 3,61228
Group/Directors Accounts3,612
other short term finances
hp & lease commitments
other current liabilities300
total current liabilities3,9123,61228
loans16,888
hp & lease commitments
Accruals and Deferred Income
other liabilities16,88820,000
provisions
total long term liabilities16,88816,88820,000
total liabilities20,80020,50020,00028
net assets-18,965-18,665-18,1652,9723,000
total shareholders funds-18,965-18,665-18,1652,9723,000
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019
Operating Activities
Operating Profit581-500-21,137-283,704
Depreciation
Amortisation
Tax-704
Stock
Debtors-1,833-1652,000
Creditors-3,6123,612-2828
Accruals and Deferred Income300
Deferred Taxes & Provisions
Cash flow from operations-8983,112-21,0001,000
Investing Activities
capital expenditure1,000-1,000
Change in Investments
cash flow from investments1,000-1,000
Financing Activities
Bank loans
Group/Directors Accounts3,612
Other Short Term Loans
Long term loans16,888
Hire Purchase and Lease Commitments
other long term liabilities-16,888-3,11220,000
share issue2
interest-883
cash flow from financing2,731-3,11220,000
cash and cash equivalents
cash1,833
overdraft
change in cash1,833

evolve digital media 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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Evolve Digital Media Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for evolve digital media ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in LS7 area or any other competitors across 12 key performance metrics.

evolve digital media ltd Ownership

EVOLVE DIGITAL MEDIA LTD group structure

Evolve Digital Media Ltd has no subsidiary companies.

Ultimate parent company

EVOLVE DIGITAL MEDIA LTD

11417421

EVOLVE DIGITAL MEDIA LTD Shareholders

aatif rashid 50%
raza israil 50%

evolve digital media ltd directors

Evolve Digital Media Ltd currently has 2 directors. The longest serving directors include Mr Mohammad Israil (Jun 2018) and Aatif Rashid (Jun 2018).

officercountryagestartendrole
Mr Mohammad IsrailUnited Kingdom47 years Jun 2018- Director
Aatif RashidEngland49 years Jun 2018- Director

P&L

June 2023

turnover

93.5k

+238%

operating profit

581

0%

gross margin

19.9%

-5.38%

turnover

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

Balance Sheet

June 2023

net assets

-19k

+0.02%

total assets

1.8k

0%

cash

1.8k

0%

net assets

Total assets minus all liabilities

evolve digital media ltd company details

company number

11417421

Type

Private limited with Share Capital

industry

47990 - Other retail sale not in stores, stalls or markets

73110 - Advertising agencies

incorporation date

June 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Dormant

last accounts submitted

June 2023

previous names

N/A

accountant

HLA ACCOUNTANTS

auditor

-

address

2 chapeltown road, leeds, west yorkshire, LS7 3AP

Bank

-

Legal Advisor

-

evolve digital media 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 evolve digital media ltd.

evolve digital media 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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evolve digital media ltd Companies House Filings - See Documents

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