net zero evolution ltd

net zero evolution ltd Company Information

Share NET ZERO EVOLUTION LTD
Live 
StartupMicro

Company Number

14028931

Industry

Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.

 

Shareholders

murali goluguri

james torkington

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Group Structure

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Contact

Registered Address

c/o montacs, international house, kingsfield, chester, CH4 9RF

net zero evolution ltd Estimated Valuation

£33.5k

Pomanda estimates the enterprise value of NET ZERO EVOLUTION LTD at £33.5k based on a Turnover of £206.5k and 0.16x industry multiple (adjusted for size and gross margin).

net zero evolution ltd Estimated Valuation

£386.6k

Pomanda estimates the enterprise value of NET ZERO EVOLUTION LTD at £386.6k based on an EBITDA of £148.8k and a 2.6x industry multiple (adjusted for size and gross margin).

net zero evolution ltd Estimated Valuation

£119.4k

Pomanda estimates the enterprise value of NET ZERO EVOLUTION LTD at £119.4k based on Net Assets of £75.8k and 1.58x industry multiple (adjusted for liquidity).

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Net Zero Evolution Ltd Overview

Net Zero Evolution Ltd is a live company located in chester, CH4 9RF with a Companies House number of 14028931. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in April 2022, it's largest shareholder is murali goluguri with a 17.3% stake. Net Zero Evolution Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £206.5k with unknown growth in recent years.

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Net Zero Evolution Ltd Health Check

Pomanda's financial health check has awarded Net Zero Evolution Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £206.5k, make it smaller than the average company (£10.9m)

£206.5k - Net Zero Evolution Ltd

£10.9m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Net Zero Evolution Ltd

- - Industry AVG

production

Production

with a gross margin of 25%, this company has a comparable cost of product (25%)

25% - Net Zero Evolution Ltd

25% - Industry AVG

profitability

Profitability

an operating margin of 72.1% make it more profitable than the average company (4%)

72.1% - Net Zero Evolution Ltd

4% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (45)

2 - Net Zero Evolution Ltd

45 - Industry AVG

paystructure

Pay Structure

on an average salary of £56.5k, the company has an equivalent pay structure (£56.5k)

£56.5k - Net Zero Evolution Ltd

£56.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £103.2k, this is less efficient (£186.3k)

£103.2k - Net Zero Evolution Ltd

£186.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Net Zero Evolution Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 4 days, this is quicker than average (9 days)

4 days - Net Zero Evolution Ltd

9 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Net Zero Evolution Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 87 weeks, this is more cash available to meet short term requirements (11 weeks)

87 weeks - Net Zero Evolution Ltd

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 56.7%, this is a lower level of debt than the average (66.7%)

56.7% - Net Zero Evolution Ltd

66.7% - Industry AVG

NET ZERO EVOLUTION LTD financials

EXPORTms excel logo

Net Zero Evolution Ltd's latest turnover from December 2023 is estimated at £206.5 thousand and the company has net assets of £75.8 thousand. According to their latest financial statements, Net Zero Evolution Ltd has 2 employees and maintains cash reserves of £167.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022
Turnover206,499128,755
Other Income Or Grants00
Cost Of Sales154,79294,254
Gross Profit51,70734,501
Admin Expenses-97,12875,157
Operating Profit148,835-40,656
Interest Payable00
Interest Receivable4,753242
Pre-Tax Profit153,588-40,414
Tax-38,3970
Profit After Tax115,191-40,414
Dividends Paid00
Retained Profit115,191-40,414
Employee Costs113,02753,784
Number Of Employees21
EBITDA*148,835-40,656

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022
Tangible Assets00
Intangible Assets00
Investments & Other00
Debtors (Due After 1 year)00
Total Fixed Assets00
Stock & work in progress00
Trade Debtors021,480
Group Debtors00
Misc Debtors7,9422,010
Cash167,21113,840
misc current assets00
total current assets175,15337,330
total assets175,15337,330
Bank overdraft00
Bank loan00
Trade Creditors 1,879325
Group/Directors Accounts00
other short term finances00
hp & lease commitments00
other current liabilities97,48776,409
total current liabilities99,36676,734
loans00
hp & lease commitments00
Accruals and Deferred Income00
other liabilities00
provisions00
total long term liabilities00
total liabilities99,36676,734
net assets75,787-39,404
total shareholders funds75,787-39,404
Dec 2023Dec 2022
Operating Activities
Operating Profit148,835-40,656
Depreciation00
Amortisation00
Tax-38,3970
Stock00
Debtors-15,54823,490
Creditors1,554325
Accruals and Deferred Income21,07876,409
Deferred Taxes & Provisions00
Cash flow from operations148,61812,588
Investing Activities
capital expenditure00
Change in Investments00
cash flow from investments00
Financing Activities
Bank loans00
Group/Directors Accounts00
Other Short Term Loans 00
Long term loans00
Hire Purchase and Lease Commitments00
other long term liabilities00
share issue01,010
interest4,753242
cash flow from financing4,7531,252
cash and cash equivalents
cash153,37113,840
overdraft00
change in cash153,37113,840

net zero evolution 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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Net Zero Evolution Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for net zero evolution ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in CH4 area or any other competitors across 12 key performance metrics.

net zero evolution ltd Ownership

NET ZERO EVOLUTION LTD group structure

Net Zero Evolution Ltd has no subsidiary companies.

Ultimate parent company

NET ZERO EVOLUTION LTD

14028931

NET ZERO EVOLUTION LTD Shareholders

murali goluguri 17.33%
james torkington 17.33%
deborah smyth 17.33%
usha goluguri 17.33%
christy nixon 14.85%
lindsay warren 14.85%
first 2 group (holdings) ltd 0.99%

net zero evolution ltd directors

Net Zero Evolution Ltd currently has 3 directors. The longest serving directors include Mulari Goluguri (Apr 2022) and Mr James Torkington (Apr 2022).

officercountryagestartendrole
Mulari GoluguriUnited Kingdom46 years Apr 2022- Director
Mr James TorkingtonUnited Kingdom50 years Apr 2022- Director
Mr Lindsay WarrenEngland39 years May 2022- Director

P&L

December 2023

turnover

206.5k

+60%

operating profit

148.8k

0%

gross margin

25.1%

-6.55%

turnover

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

Balance Sheet

December 2023

net assets

75.8k

-2.92%

total assets

175.2k

+3.69%

cash

167.2k

+11.08%

net assets

Total assets minus all liabilities

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net zero evolution ltd company details

company number

14028931

Type

Private limited with Share Capital

industry

78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.

incorporation date

April 2022

age

3

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

MONTACS

auditor

-

address

c/o montacs, international house, kingsfield, chester, CH4 9RF

Bank

-

Legal Advisor

-

net zero evolution 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 net zero evolution ltd.

net zero evolution 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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net zero evolution ltd Companies House Filings - See Documents

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