evolution fasteners (holdings) limited
evolution fasteners (holdings) limited Company Information
Company Number
12808011
Next Accounts
Dec 2025
Shareholders
michael anthony keisner
nicholas keisner
View AllGroup Structure
View All
Industry
Wholesale of hardware, plumbing and heating equipment and supplies
+1Registered Address
one oaks court, warwick road, borehamwood, hertfordshire, WD6 1GS
Website
evolutionfasteners.co.ukevolution fasteners (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of EVOLUTION FASTENERS (HOLDINGS) LIMITED at £8.9m based on a Turnover of £13.3m and 0.67x industry multiple (adjusted for size and gross margin).
evolution fasteners (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of EVOLUTION FASTENERS (HOLDINGS) LIMITED at £12.5m based on an EBITDA of £2m and a 6.2x industry multiple (adjusted for size and gross margin).
evolution fasteners (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of EVOLUTION FASTENERS (HOLDINGS) LIMITED at £19.4m based on Net Assets of £9.4m and 2.07x industry multiple (adjusted for liquidity).
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Evolution Fasteners (holdings) Limited Overview
Evolution Fasteners (holdings) Limited is a live company located in borehamwood, WD6 1GS with a Companies House number of 12808011. It operates in the wholesale of wood, construction materials and sanitary equipment sector, SIC Code 46730. Founded in August 2020, it's largest shareholder is michael anthony keisner with a 58.3% stake. Evolution Fasteners (holdings) Limited is a young, mid sized company, Pomanda has estimated its turnover at £13.3m with healthy growth in recent years.
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Evolution Fasteners (holdings) Limited Health Check
Pomanda's financial health check has awarded Evolution Fasteners (Holdings) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £13.3m, make it smaller than the average company (£17.9m)
£13.3m - Evolution Fasteners (holdings) Limited
£17.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (9.3%)
- Evolution Fasteners (holdings) Limited
9.3% - Industry AVG
Production
with a gross margin of 36.8%, this company has a lower cost of product (26%)
36.8% - Evolution Fasteners (holdings) Limited
26% - Industry AVG
Profitability
an operating margin of 14.6% make it more profitable than the average company (4.6%)
14.6% - Evolution Fasteners (holdings) Limited
4.6% - Industry AVG
Employees
with 34 employees, this is below the industry average (47)
34 - Evolution Fasteners (holdings) Limited
47 - Industry AVG
Pay Structure
on an average salary of £51.4k, the company has a higher pay structure (£42.7k)
£51.4k - Evolution Fasteners (holdings) Limited
£42.7k - Industry AVG
Efficiency
resulting in sales per employee of £390.2k, this is equally as efficient (£363.2k)
£390.2k - Evolution Fasteners (holdings) Limited
£363.2k - Industry AVG
Debtor Days
it gets paid by customers after 80 days, this is later than average (50 days)
80 days - Evolution Fasteners (holdings) Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (40 days)
13 days - Evolution Fasteners (holdings) Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 323 days, this is more than average (73 days)
323 days - Evolution Fasteners (holdings) Limited
73 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 18 weeks, this is average cash available to meet short term requirements (15 weeks)
18 weeks - Evolution Fasteners (holdings) Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20%, this is a lower level of debt than the average (45.9%)
20% - Evolution Fasteners (holdings) Limited
45.9% - Industry AVG
EVOLUTION FASTENERS (HOLDINGS) LIMITED financials
Evolution Fasteners (Holdings) Limited's latest turnover from March 2024 is £13.3 million and the company has net assets of £9.4 million. According to their latest financial statements, Evolution Fasteners (Holdings) Limited has 34 employees and maintains cash reserves of £832.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Turnover | 13,265,202 | 14,228,932 | 12,387,765 | |
| Other Income Or Grants | 0 | 0 | 0 | |
| Cost Of Sales | 8,381,575 | 8,634,981 | 7,441,562 | |
| Gross Profit | 4,883,627 | 5,593,951 | 4,946,203 | |
| Admin Expenses | 2,944,050 | 2,531,813 | 2,101,412 | |
| Operating Profit | 1,939,577 | 3,062,138 | 2,844,791 | |
| Interest Payable | 46,628 | 32,495 | 0 | |
| Interest Receivable | 1,254 | 51 | 0 | |
| Pre-Tax Profit | 1,894,203 | 3,029,694 | 2,844,791 | |
| Tax | -544,691 | -537,727 | -382,185 | |
| Profit After Tax | 1,349,512 | 2,491,967 | 2,462,606 | |
| Dividends Paid | 486,933 | 911,200 | 0 | |
| Retained Profit | 862,579 | 1,580,767 | 2,462,606 | |
| Employee Costs | 1,747,225 | 1,624,797 | 1,388,699 | |
| Number Of Employees | 34 | 36 | 33 | 25 |
| EBITDA* | 2,018,478 | 3,142,601 | 2,914,970 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Tangible Assets | 266,901 | 278,296 | 245,813 | 241,890 |
| Intangible Assets | 61,424 | 69,722 | 46,967 | 18,886 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 328,325 | 348,018 | 292,780 | 260,776 |
| Stock & work in progress | 7,433,058 | 6,731,720 | 4,542,821 | 2,651,415 |
| Trade Debtors | 2,936,780 | 3,023,135 | 2,951,952 | 2,297,132 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 180,539 | 214,740 | 196,493 | 193,432 |
| Cash | 832,689 | 432,619 | 559,931 | 1,039,357 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 11,383,066 | 10,402,214 | 8,251,197 | 6,181,336 |
| total assets | 11,711,391 | 10,750,232 | 8,543,977 | 6,442,112 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 7,099 |
| Trade Creditors | 320,561 | 277,076 | 579,644 | 334,246 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 1,157,430 | 968,175 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 827,949 | 900,160 | 1,030,335 | 796,868 |
| total current liabilities | 2,305,940 | 2,145,411 | 1,609,979 | 1,138,213 |
| loans | 0 | 0 | 0 | 42,901 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 250,000 |
| provisions | 37,065 | 44,691 | 38,781 | 34,457 |
| total long term liabilities | 37,065 | 44,691 | 38,781 | 327,358 |
| total liabilities | 2,343,005 | 2,190,102 | 1,648,760 | 1,465,571 |
| net assets | 9,368,386 | 8,560,130 | 6,895,217 | 4,976,541 |
| total shareholders funds | 9,368,386 | 8,560,130 | 6,895,217 | 4,976,541 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 1,939,577 | 3,062,138 | 2,844,791 | |
| Depreciation | 68,135 | 71,006 | 61,728 | 58,824 |
| Amortisation | 10,766 | 9,457 | 8,451 | -4,432,094 |
| Tax | -544,691 | -537,727 | -382,185 | |
| Stock | 701,338 | 2,188,899 | 1,891,406 | 2,651,415 |
| Debtors | -120,556 | 89,430 | 657,881 | 2,490,564 |
| Creditors | 43,485 | -302,568 | 245,398 | 334,246 |
| Accruals and Deferred Income | -72,211 | -130,175 | 233,467 | 796,868 |
| Deferred Taxes & Provisions | -7,626 | 5,910 | 4,324 | 34,457 |
| Cash flow from operations | 856,653 | -100,288 | 466,687 | |
| Investing Activities | ||||
| capital expenditure | 0 | 0 | 0 | |
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | |
| Financing Activities | ||||
| Bank loans | 0 | 0 | -7,099 | 7,099 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 189,255 | 968,175 | 0 | 0 |
| Long term loans | 0 | 0 | -42,901 | 42,901 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -250,000 | 250,000 |
| share issue | ||||
| interest | -45,374 | -32,444 | 0 | |
| cash flow from financing | 89,558 | 1,019,877 | -843,930 | |
| cash and cash equivalents | ||||
| cash | 400,070 | -127,312 | -479,426 | 1,039,357 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 400,070 | -127,312 | -479,426 | 1,039,357 |
evolution fasteners (holdings) limited Credit Report and Business Information
Evolution Fasteners (holdings) Limited Competitor Analysis
Perform a competitor analysis for evolution fasteners (holdings) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in WD6 area or any other competitors across 12 key performance metrics.
evolution fasteners (holdings) limited Ownership
EVOLUTION FASTENERS (HOLDINGS) LIMITED group structure
Evolution Fasteners (Holdings) Limited has 1 subsidiary company.
Ultimate parent company
EVOLUTION FASTENERS (HOLDINGS) LIMITED
12808011
1 subsidiary
evolution fasteners (holdings) limited directors
Evolution Fasteners (Holdings) Limited currently has 3 directors. The longest serving directors include Mr Michael Keisner (Aug 2020) and Mrs Ka Leung (Nov 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Keisner | United Kingdom | 70 years | Aug 2020 | - | Director |
| Mrs Ka Leung | United Kingdom | 44 years | Nov 2020 | - | Director |
| Mr Nicholas Keisner | Scotland | 37 years | Aug 2024 | - | Director |
P&L
March 2024turnover
13.3m
-7%
operating profit
1.9m
-37%
gross margin
36.9%
-6.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
9.4m
+0.09%
total assets
11.7m
+0.09%
cash
832.7k
+0.92%
net assets
Total assets minus all liabilities
Similar Companies
evolution fasteners (holdings) limited company details
company number
12808011
Type
Private limited with Share Capital
industry
46740 - Wholesale of hardware, plumbing and heating equipment and supplies
46730 - Wholesale of wood, construction materials and sanitary equipment
incorporation date
August 2020
age
5
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
XEINADIN AUDIT LTD
address
one oaks court, warwick road, borehamwood, hertfordshire, WD6 1GS
Bank
-
Legal Advisor
-
evolution fasteners (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 fasteners (holdings) limited.
evolution fasteners (holdings) 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.
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evolution fasteners (holdings) limited Companies House Filings - See Documents
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