evolve accounts ltd
evolve accounts ltd Company Information
Company Number
12937455
Next Accounts
Dec 2025
Directors
Shareholders
evolve professional services group ltd
Group Structure
View All
Industry
Financial management
+1Registered Address
4 spur road, cosham, portsmouth, hampshire, PO6 3EB
Website
evolveaccounts.co.ukevolve accounts ltd Estimated Valuation
Pomanda estimates the enterprise value of EVOLVE ACCOUNTS LTD at £16.2k based on a Turnover of £24.5k and 0.66x industry multiple (adjusted for size and gross margin).
evolve accounts ltd Estimated Valuation
Pomanda estimates the enterprise value of EVOLVE ACCOUNTS LTD at £0 based on an EBITDA of £-9.2k and a 4.37x industry multiple (adjusted for size and gross margin).
evolve accounts ltd Estimated Valuation
Pomanda estimates the enterprise value of EVOLVE ACCOUNTS LTD at £0 based on Net Assets of £-7.2k and 3.29x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Evolve Accounts Ltd Overview
Evolve Accounts Ltd is a live company located in portsmouth, PO6 3EB with a Companies House number of 12937455. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in October 2020, it's largest shareholder is evolve professional services group ltd with a 100% stake. Evolve Accounts Ltd is a young, micro sized company, Pomanda has estimated its turnover at £24.5k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Evolve Accounts Ltd Health Check
Pomanda's financial health check has awarded Evolve Accounts Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £24.5k, make it smaller than the average company (£514.3k)
- Evolve Accounts Ltd
£514.3k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Evolve Accounts Ltd
- - Industry AVG
Production
with a gross margin of 42.1%, this company has a higher cost of product (86.9%)
- Evolve Accounts Ltd
86.9% - Industry AVG
Profitability
an operating margin of -37.4% make it less profitable than the average company (10%)
- Evolve Accounts Ltd
10% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Evolve Accounts Ltd
3 - Industry AVG
Pay Structure
on an average salary of £42.5k, the company has an equivalent pay structure (£42.5k)
- Evolve Accounts Ltd
£42.5k - Industry AVG
Efficiency
resulting in sales per employee of £24.5k, this is less efficient (£105k)
- Evolve Accounts Ltd
£105k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is earlier than average (74 days)
- Evolve Accounts Ltd
74 days - Industry AVG
Creditor Days
its suppliers are paid after 1995 days, this is slower than average (28 days)
- Evolve Accounts Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Evolve Accounts Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Evolve Accounts Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 110.3%, this is a higher level of debt than the average (54%)
110.3% - Evolve Accounts Ltd
54% - Industry AVG
EVOLVE ACCOUNTS LTD financials
Evolve Accounts Ltd's latest turnover from March 2024 is estimated at £24.5 thousand and the company has net assets of -£7.2 thousand. According to their latest financial statements, Evolve Accounts Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|
| Turnover | |||
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | |||
| Interest Payable | |||
| Interest Receivable | |||
| Pre-Tax Profit | |||
| Tax | |||
| Profit After Tax | |||
| Dividends Paid | |||
| Retained Profit | |||
| Employee Costs | |||
| Number Of Employees | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|
| Tangible Assets | 67,041 | 75,776 | 23,033 |
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 67,041 | 75,776 | 23,033 |
| Stock & work in progress | |||
| Trade Debtors | 3,203 | 13,737 | 23,724 |
| Group Debtors | |||
| Misc Debtors | |||
| Cash | |||
| misc current assets | |||
| total current assets | 3,203 | 13,737 | 23,724 |
| total assets | 70,244 | 89,513 | 46,757 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 77,489 | 87,590 | 34,540 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 77,489 | 87,590 | 34,540 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | |||
| total liabilities | 77,489 | 87,590 | 34,540 |
| net assets | -7,245 | 1,923 | 12,217 |
| total shareholders funds | -7,245 | 1,923 | 12,217 |
| Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | -10,534 | -9,987 | 23,724 |
| Creditors | -10,101 | 53,050 | 34,540 |
| Accruals and Deferred Income | |||
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | |||
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | |||
| overdraft | |||
| change in cash |
evolve accounts ltd Credit Report and Business Information
Evolve Accounts Ltd Competitor Analysis
Perform a competitor analysis for evolve accounts ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in PO6 area or any other competitors across 12 key performance metrics.
evolve accounts ltd Ownership
EVOLVE ACCOUNTS LTD group structure
Evolve Accounts Ltd has no subsidiary companies.
Ultimate parent company
1 parent
EVOLVE ACCOUNTS LTD
12937455
evolve accounts ltd directors
Evolve Accounts Ltd currently has 1 director, Mr Richard Holder serving since Oct 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Holder | England | 51 years | Oct 2020 | - | Director |
P&L
March 2024turnover
24.5k
-38%
operating profit
-9.2k
0%
gross margin
42.2%
-3.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-7.2k
-4.77%
total assets
70.2k
-0.22%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
evolve accounts ltd company details
company number
12937455
Type
Private limited with Share Capital
industry
70221 - Financial management
69201 - Accounting, and auditing activities
incorporation date
October 2020
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
4 spur road, cosham, portsmouth, hampshire, PO6 3EB
Bank
-
Legal Advisor
-
evolve accounts 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 accounts ltd.
evolve accounts 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 EVOLVE ACCOUNTS LTD. This can take several minutes, an email will notify you when this has completed.
evolve accounts ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
