evolution recruitment solutions holdings limited
evolution recruitment solutions holdings limited Company Information
Company Number
12311252
Next Accounts
Sep 2025
Shareholders
gareth john morris
nicholas jon elliott
View AllGroup Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
the genesis centre garret field, birchwood, warrington, cheshire, WA3 7BH
Website
evolutionjobs.comevolution recruitment solutions holdings limited Estimated Valuation
Pomanda estimates the enterprise value of EVOLUTION RECRUITMENT SOLUTIONS HOLDINGS LIMITED at £90.6m based on a Turnover of £47.8m and 1.89x industry multiple (adjusted for size and gross margin).
evolution recruitment solutions holdings limited Estimated Valuation
Pomanda estimates the enterprise value of EVOLUTION RECRUITMENT SOLUTIONS HOLDINGS LIMITED at £16.1m based on an EBITDA of £2m and a 7.92x industry multiple (adjusted for size and gross margin).
evolution recruitment solutions holdings limited Estimated Valuation
Pomanda estimates the enterprise value of EVOLUTION RECRUITMENT SOLUTIONS HOLDINGS LIMITED at £10.4m based on Net Assets of £8m and 1.31x industry multiple (adjusted for liquidity).
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Evolution Recruitment Solutions Holdings Limited Overview
Evolution Recruitment Solutions Holdings Limited is a live company located in warrington, WA3 7BH with a Companies House number of 12311252. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in November 2019, it's largest shareholder is gareth john morris with a 25% stake. Evolution Recruitment Solutions Holdings Limited is a young, large sized company, Pomanda has estimated its turnover at £47.8m with rapid growth in recent years.
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Evolution Recruitment Solutions Holdings Limited Health Check
Pomanda's financial health check has awarded Evolution Recruitment Solutions Holdings Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £47.8m, make it larger than the average company (£18.9m)
£47.8m - Evolution Recruitment Solutions Holdings Limited
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 56%, show it is growing at a faster rate (10.5%)
56% - Evolution Recruitment Solutions Holdings Limited
10.5% - Industry AVG
Production
with a gross margin of 22%, this company has a higher cost of product (36.3%)
22% - Evolution Recruitment Solutions Holdings Limited
36.3% - Industry AVG
Profitability
an operating margin of 3% make it less profitable than the average company (4.5%)
3% - Evolution Recruitment Solutions Holdings Limited
4.5% - Industry AVG
Employees
with 114 employees, this is similar to the industry average (104)
114 - Evolution Recruitment Solutions Holdings Limited
104 - Industry AVG
Pay Structure
on an average salary of £63.5k, the company has a higher pay structure (£44.7k)
£63.5k - Evolution Recruitment Solutions Holdings Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £419.5k, this is more efficient (£191k)
£419.5k - Evolution Recruitment Solutions Holdings Limited
£191k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is near the average (45 days)
46 days - Evolution Recruitment Solutions Holdings Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (44 days)
9 days - Evolution Recruitment Solutions Holdings Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Evolution Recruitment Solutions Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 25 weeks, this is more cash available to meet short term requirements (14 weeks)
25 weeks - Evolution Recruitment Solutions Holdings Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.8%, this is a lower level of debt than the average (69.7%)
52.8% - Evolution Recruitment Solutions Holdings Limited
69.7% - Industry AVG
EVOLUTION RECRUITMENT SOLUTIONS HOLDINGS LIMITED financials
Evolution Recruitment Solutions Holdings Limited's latest turnover from December 2023 is £47.8 million and the company has net assets of £8 million. According to their latest financial statements, Evolution Recruitment Solutions Holdings Limited has 114 employees and maintains cash reserves of £4.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Turnover | 47,819,847 | 45,520,184 | 24,460,615 | 12,546,991 |
| Other Income Or Grants | ||||
| Cost Of Sales | 37,324,123 | 33,960,396 | 16,591,667 | 8,464,642 |
| Gross Profit | 10,495,724 | 11,559,788 | 7,868,948 | 4,082,349 |
| Admin Expenses | 9,062,307 | 9,060,117 | 6,293,947 | 3,471,848 |
| Operating Profit | 1,433,417 | 2,499,671 | 1,575,001 | 610,501 |
| Interest Payable | 60,105 | |||
| Interest Receivable | 2,062,055 | |||
| Pre-Tax Profit | 1,373,312 | 2,499,671 | 3,637,056 | 610,501 |
| Tax | -418,425 | -776,085 | -379,449 | -183,271 |
| Profit After Tax | 954,887 | 1,723,586 | 3,257,607 | 427,230 |
| Dividends Paid | 658,885 | 410,427 | 2,603,610 | 232,100 |
| Retained Profit | 296,002 | 1,313,159 | 653,997 | 195,130 |
| Employee Costs | 7,239,461 | 7,488,918 | 5,176,340 | 4,265,918 |
| Number Of Employees | 114 | 113 | 87 | 95 |
| EBITDA* | 2,027,617 | 3,045,923 | 2,060,822 | 1,002,277 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Tangible Assets | 324,804 | 345,124 | 285,266 | 87,227 |
| Intangible Assets | 2,497,104 | 2,905,913 | 3,311,389 | 3,716,865 |
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 2,821,908 | 3,251,037 | 3,596,655 | 3,804,092 |
| Stock & work in progress | ||||
| Trade Debtors | 6,106,851 | 8,351,285 | 4,711,657 | 2,367,487 |
| Group Debtors | 2,064,855 | |||
| Misc Debtors | 3,646,254 | 1,696,926 | 2,300,213 | 156,266 |
| Cash | 4,322,996 | 2,642,228 | 1,098,238 | 1,842,376 |
| misc current assets | ||||
| total current assets | 14,076,101 | 12,690,439 | 8,110,108 | 6,430,984 |
| total assets | 16,898,009 | 15,941,476 | 11,706,763 | 10,235,076 |
| Bank overdraft | 1,821,720 | 1,735,696 | 1,087,394 | |
| Bank loan | ||||
| Trade Creditors | 993,323 | 1,063,996 | 461,658 | 357,337 |
| Group/Directors Accounts | 8,245 | |||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 6,028,618 | 5,368,408 | 3,491,960 | 3,663,649 |
| total current liabilities | 8,843,661 | 8,176,345 | 5,041,012 | 4,020,986 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | 234,546 | 484,549 | ||
| provisions | 73,377 | 80,162 | 59,395 | 11,728 |
| total long term liabilities | 73,377 | 80,162 | 293,941 | 496,277 |
| total liabilities | 8,917,038 | 8,256,507 | 5,334,953 | 4,517,263 |
| net assets | 7,980,971 | 7,684,969 | 6,371,810 | 5,717,813 |
| total shareholders funds | 7,980,971 | 7,684,969 | 6,371,810 | 5,717,813 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 1,433,417 | 2,499,671 | 1,575,001 | 610,501 |
| Depreciation | 188,724 | 140,776 | 80,345 | 53,879 |
| Amortisation | 405,476 | 405,476 | 405,476 | 337,897 |
| Tax | -418,425 | -776,085 | -379,449 | -183,271 |
| Stock | ||||
| Debtors | -295,106 | 3,036,341 | 2,423,262 | 4,588,608 |
| Creditors | -70,673 | 602,338 | 104,321 | 357,337 |
| Accruals and Deferred Income | 660,210 | 1,876,448 | -171,689 | 3,663,649 |
| Deferred Taxes & Provisions | -6,785 | 20,767 | 47,667 | 11,728 |
| Cash flow from operations | 2,487,050 | 1,733,050 | -761,590 | 263,112 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | -8,245 | 8,245 | ||
| Other Short Term Loans | ||||
| Long term loans | ||||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | -234,546 | -250,003 | 484,549 | |
| share issue | ||||
| interest | -60,105 | 2,062,055 | ||
| cash flow from financing | -68,350 | -226,301 | 1,812,052 | 6,007,232 |
| cash and cash equivalents | ||||
| cash | 1,680,768 | 1,543,990 | -744,138 | 1,842,376 |
| overdraft | 86,024 | 648,302 | 1,087,394 | |
| change in cash | 1,594,744 | 895,688 | -1,831,532 | 1,842,376 |
evolution recruitment solutions holdings limited Credit Report and Business Information
Evolution Recruitment Solutions Holdings Limited Competitor Analysis
Perform a competitor analysis for evolution recruitment solutions holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in WA3 area or any other competitors across 12 key performance metrics.
evolution recruitment solutions holdings limited Ownership
EVOLUTION RECRUITMENT SOLUTIONS HOLDINGS LIMITED group structure
Evolution Recruitment Solutions Holdings Limited has no subsidiary companies.
Ultimate parent company
EVOLUTION RECRUITMENT SOLUTIONS HOLDINGS LIMITED
12311252
evolution recruitment solutions holdings limited directors
Evolution Recruitment Solutions Holdings Limited currently has 4 directors. The longest serving directors include Ms Vanessa Morris (Nov 2019) and Mr Nicholas Elliott (Nov 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Vanessa Morris | United Kingdom | 49 years | Nov 2019 | - | Director |
| Mr Nicholas Elliott | England | 52 years | Nov 2019 | - | Director |
| Mr Gareth Morris | United Kingdom | 49 years | Nov 2019 | - | Director |
| Mrs Helen Elliott | United Kingdom | 47 years | Nov 2019 | - | Director |
P&L
December 2023turnover
47.8m
+5%
operating profit
1.4m
-43%
gross margin
22%
-13.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
8m
+0.04%
total assets
16.9m
+0.06%
cash
4.3m
+0.64%
net assets
Total assets minus all liabilities
evolution recruitment solutions holdings limited company details
company number
12311252
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
November 2019
age
6
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
SAFFERY LLP
address
the genesis centre garret field, birchwood, warrington, cheshire, WA3 7BH
Bank
-
Legal Advisor
-
evolution recruitment solutions holdings 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 evolution recruitment solutions holdings limited.
evolution recruitment solutions holdings limited Capital Raised & Share Issues BETA
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evolution recruitment solutions holdings limited Companies House Filings - See Documents
| date | description | view/download |
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