evolution castings group limited
evolution castings group limited Company Information
Company Number
14786291
Next Accounts
Jun 2026
Shareholders
matthew grainger
james grainger
View AllGroup Structure
View All
Industry
Activities of production holding companies
Registered Address
building 7, stanmore industrial estate, bridgnorth, shropshire, WV15 5HP
Website
-evolution castings group limited Estimated Valuation
Pomanda estimates the enterprise value of EVOLUTION CASTINGS GROUP LIMITED at £157.2m based on a Turnover of £85.2m and 1.85x industry multiple (adjusted for size and gross margin).
evolution castings group limited Estimated Valuation
Pomanda estimates the enterprise value of EVOLUTION CASTINGS GROUP LIMITED at £32.6m based on an EBITDA of £4.2m and a 7.84x industry multiple (adjusted for size and gross margin).
evolution castings group limited Estimated Valuation
Pomanda estimates the enterprise value of EVOLUTION CASTINGS GROUP LIMITED at £1m based on Net Assets of £658.9k and 1.57x industry multiple (adjusted for liquidity).
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Evolution Castings Group Limited Overview
Evolution Castings Group Limited is a live company located in bridgnorth, WV15 5HP with a Companies House number of 14786291. It operates in the activities of production holding companies sector, SIC Code 64202. Founded in April 2023, it's largest shareholder is matthew grainger with a 13% stake. Evolution Castings Group Limited is a startup, large sized company, Pomanda has estimated its turnover at £85.2m with unknown growth in recent years.
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Evolution Castings Group Limited Health Check
Pomanda's financial health check has awarded Evolution Castings Group Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £85.2m, make it larger than the average company (£19.9m)
£85.2m - Evolution Castings Group Limited
£19.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Evolution Castings Group Limited
- - Industry AVG
Production
with a gross margin of 18.1%, this company has a higher cost of product (33%)
18.1% - Evolution Castings Group Limited
33% - Industry AVG
Profitability
an operating margin of 4.9% make it as profitable than the average company (5.7%)
4.9% - Evolution Castings Group Limited
5.7% - Industry AVG
Employees
with 552 employees, this is above the industry average (106)
552 - Evolution Castings Group Limited
106 - Industry AVG
Pay Structure
on an average salary of £56.1k, the company has a higher pay structure (£43k)
£56.1k - Evolution Castings Group Limited
£43k - Industry AVG
Efficiency
resulting in sales per employee of £154.3k, this is equally as efficient (£168.2k)
£154.3k - Evolution Castings Group Limited
£168.2k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is earlier than average (53 days)
29 days - Evolution Castings Group Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (47 days)
21 days - Evolution Castings Group Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 41 days, this is less than average (73 days)
41 days - Evolution Castings Group Limited
73 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Evolution Castings Group Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98%, this is a higher level of debt than the average (50.1%)
98% - Evolution Castings Group Limited
50.1% - Industry AVG
EVOLUTION CASTINGS GROUP LIMITED financials
Evolution Castings Group Limited's latest turnover from September 2024 is £85.2 million and the company has net assets of £658.9 thousand. According to their latest financial statements, Evolution Castings Group Limited has 552 employees and maintains cash reserves of £460.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2024 | |
|---|---|
| Turnover | 85,151,443 |
| Other Income Or Grants | |
| Cost Of Sales | 69,745,792 |
| Gross Profit | 15,405,651 |
| Admin Expenses | 11,248,095 |
| Operating Profit | 4,157,556 |
| Interest Payable | 3,672,642 |
| Interest Receivable | 31,608 |
| Pre-Tax Profit | 516,522 |
| Tax | -224,297 |
| Profit After Tax | 292,225 |
| Dividends Paid | |
| Retained Profit | 292,225 |
| Employee Costs | 30,963,629 |
| Number Of Employees | 552 |
| EBITDA* | 4,157,556 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2024 | |
|---|---|
| Tangible Assets | 13,917,822 |
| Intangible Assets | 2,590,235 |
| Investments & Other | |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | 16,508,057 |
| Stock & work in progress | 7,960,619 |
| Trade Debtors | 6,968,544 |
| Group Debtors | |
| Misc Debtors | 1,654,299 |
| Cash | 460,482 |
| misc current assets | |
| total current assets | 17,043,944 |
| total assets | 33,552,001 |
| Bank overdraft | 5,861,281 |
| Bank loan | 2,880,000 |
| Trade Creditors | 4,166,695 |
| Group/Directors Accounts | |
| other short term finances | 13,050,000 |
| hp & lease commitments | 706,812 |
| other current liabilities | 3,820,674 |
| total current liabilities | 30,485,462 |
| loans | 1,622,857 |
| hp & lease commitments | 124,144 |
| Accruals and Deferred Income | |
| other liabilities | |
| provisions | 660,654 |
| total long term liabilities | 2,407,655 |
| total liabilities | 32,893,117 |
| net assets | 658,884 |
| total shareholders funds | 658,884 |
| Sep 2024 | |
|---|---|
| Operating Activities | |
| Operating Profit | 4,157,556 |
| Depreciation | |
| Amortisation | |
| Tax | -224,297 |
| Stock | 7,960,619 |
| Debtors | 8,622,843 |
| Creditors | 4,166,695 |
| Accruals and Deferred Income | 3,820,674 |
| Deferred Taxes & Provisions | 660,654 |
| Cash flow from operations | -4,002,180 |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 2,880,000 |
| Group/Directors Accounts | |
| Other Short Term Loans | 13,050,000 |
| Long term loans | 1,622,857 |
| Hire Purchase and Lease Commitments | 830,956 |
| other long term liabilities | |
| share issue | |
| interest | -3,641,034 |
| cash flow from financing | 15,109,438 |
| cash and cash equivalents | |
| cash | 460,482 |
| overdraft | 5,861,281 |
| change in cash | -5,400,799 |
evolution castings group limited Credit Report and Business Information
Evolution Castings Group Limited Competitor Analysis
Perform a competitor analysis for evolution castings group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in WV15 area or any other competitors across 12 key performance metrics.
evolution castings group limited Ownership
EVOLUTION CASTINGS GROUP LIMITED group structure
Evolution Castings Group Limited has 2 subsidiary companies.
Ultimate parent company
EVOLUTION CASTINGS GROUP LIMITED
14786291
2 subsidiaries
evolution castings group limited directors
Evolution Castings Group Limited currently has 3 directors. The longest serving directors include Mr Andrew Burn (Apr 2023) and Mr Matthew Grainger (Jun 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Burn | 50 years | Apr 2023 | - | Director | |
| Mr Matthew Grainger | England | 61 years | Jun 2023 | - | Director |
| Mr Duncan Eldridge | England | 59 years | Feb 2024 | - | Director |
P&L
September 2024turnover
85.2m
0%
operating profit
4.2m
0%
gross margin
18.1%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2024net assets
658.9k
0%
total assets
33.6m
0%
cash
460.5k
0%
net assets
Total assets minus all liabilities
Similar Companies
evolution castings group limited company details
company number
14786291
Type
Private limited with Share Capital
industry
64202 - Activities of production holding companies
incorporation date
April 2023
age
2
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
September 2024
previous names
N/A
accountant
-
auditor
WR PARTNERS
address
building 7, stanmore industrial estate, bridgnorth, shropshire, WV15 5HP
Bank
-
Legal Advisor
-
evolution castings group 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 found 1 charges/mortgages relating to evolution castings group limited. Currently there are 1 open charges and 0 have been satisfied in the past.
evolution castings group 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 castings group limited Companies House Filings - See Documents
| date | description | view/download |
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