evolve smart care ltd

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evolve smart care ltd Company Information

Share EVOLVE SMART CARE LTD

Company Number

13561711

Shareholders

glucorx ltd

prescribing services ltd

Group Structure

View All

Industry

Research and experimental development on social sciences and humanities

 +3

Registered Address

norfolk clinical park, , buxton road, norwich, norfolk, NR10 5RH

Website

-

evolve smart care ltd Estimated Valuation

£4.8m

Pomanda estimates the enterprise value of EVOLVE SMART CARE LTD at £4.8m based on a Turnover of £8.1m and 0.58x industry multiple (adjusted for size and gross margin).

evolve smart care ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of EVOLVE SMART CARE LTD at £0 based on an EBITDA of £0 and a 4.1x industry multiple (adjusted for size and gross margin).

evolve smart care ltd Estimated Valuation

£4

Pomanda estimates the enterprise value of EVOLVE SMART CARE LTD at £4 based on Net Assets of £2 and 2.35x industry multiple (adjusted for liquidity).

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Evolve Smart Care Ltd Overview

Evolve Smart Care Ltd is a live company located in norwich, NR10 5RH with a Companies House number of 13561711. It operates in the development of building projects sector, SIC Code 41100. Founded in August 2021, it's largest shareholder is glucorx ltd with a 50% stake. Evolve Smart Care Ltd is a startup, mid sized company, Pomanda has estimated its turnover at £8.1m with unknown growth in recent years.

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Evolve Smart Care Ltd Health Check

Pomanda's financial health check has awarded Evolve Smart Care Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £8.1m, make it larger than the average company (£1.7m)

£8.1m - Evolve Smart Care Ltd

£1.7m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Evolve Smart Care Ltd

- - Industry AVG

production

Production

with a gross margin of 24.2%, this company has a higher cost of product (41.3%)

24.2% - Evolve Smart Care Ltd

41.3% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Evolve Smart Care Ltd

- - Industry AVG

employees

Employees

with 67 employees, this is above the industry average (25)

67 - Evolve Smart Care Ltd

25 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.9k, the company has an equivalent pay structure (£38.9k)

£38.9k - Evolve Smart Care Ltd

£38.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £121.5k, this is equally as efficient (£123.8k)

£121.5k - Evolve Smart Care Ltd

£123.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 60 days, this is later than average (29 days)

60 days - Evolve Smart Care Ltd

29 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Evolve Smart Care Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Evolve Smart Care Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Evolve Smart Care Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (44.9%)

100% - Evolve Smart Care Ltd

44.9% - Industry AVG

EVOLVE SMART CARE LTD financials

EXPORTms excel logo

Evolve Smart Care Ltd's latest turnover from August 2024 is estimated at £8.1 million and the company has net assets of £2. According to their latest financial statements, we estimate that Evolve Smart Care Ltd has 67 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2024Aug 2023Aug 2022
Turnover8,137,2648,118,200
Other Income Or Grants
Cost Of Sales6,164,4215,998,942
Gross Profit1,972,8432,119,258
Admin Expenses1,972,8432,119,255
Operating Profit3
Interest Payable
Interest Receivable
Pre-Tax Profit3
Tax-1
Profit After Tax2
Dividends Paid
Retained Profit2
Employee Costs2,604,9592,584,184
Number Of Employees6769
EBITDA*3

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2024Aug 2023Aug 2022
Tangible Assets
Intangible Assets
Investments & Other2
Debtors (Due After 1 year)
Total Fixed Assets2
Stock & work in progress
Trade Debtors1,353,6701,353,670
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets1,353,6701,353,670
total assets1,353,6701,353,6702
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities1,353,6681,353,668
provisions
total long term liabilities1,353,6681,353,668
total liabilities1,353,6681,353,668
net assets222
total shareholders funds222
Aug 2024Aug 2023Aug 2022
Operating Activities
Operating Profit3
Depreciation
Amortisation
Tax-1
Stock
Debtors1,353,670
Creditors
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-1,353,668
Investing Activities
capital expenditure
Change in Investments-22
cash flow from investments2-2
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities1,353,668
share issue-22
interest
cash flow from financing1,353,6662
cash and cash equivalents
cash
overdraft
change in cash

evolve smart care 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 Smart Care Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for evolve smart care ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in NR10 area or any other competitors across 12 key performance metrics.

evolve smart care ltd Ownership

EVOLVE SMART CARE LTD group structure

Evolve Smart Care Ltd has no subsidiary companies.

Ultimate parent company

EVOLVE SMART CARE LTD

13561711

EVOLVE SMART CARE LTD Shareholders

glucorx ltd 50%
prescribing services ltd 50%

evolve smart care ltd directors

Evolve Smart Care Ltd currently has 3 directors. The longest serving directors include Mr Nilesh Nathwani (Aug 2021) and Mr Nilesh Nathwani (Aug 2021).

officercountryagestartendrole
Mr Nilesh NathwaniEngland63 years Aug 2021- Director
Mr Nilesh NathwaniEngland63 years Aug 2021- Director
Dr Julian BrownUnited Kingdom55 years Aug 2021- Director

P&L

August 2024

turnover

8.1m

0%

operating profit

0

0%

gross margin

24.3%

-7.13%

turnover

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

Balance Sheet

August 2024

net assets

2

0%

total assets

1.4m

0%

cash

0

0%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

evolve smart care ltd company details

company number

13561711

Type

Private limited with Share Capital

industry

72200 - Research and experimental development on social sciences and humanities

87300 - Residential care activities for the elderly and disabled

86220 - Specialist medical practice activities

incorporation date

August 2021

age

4

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

August 2024

previous names

N/A

accountant

-

auditor

-

address

norfolk clinical park, , buxton road, norwich, norfolk, NR10 5RH

Bank

-

Legal Advisor

-

evolve smart care 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 smart care ltd.

evolve smart care 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 smart care ltd Companies House Filings - See Documents

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