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Evolve Design Limited

04164628

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 12 outstanding charges (-10)

Details

2 STAFFORD PLACE, WESTON-SUPER-MARE, BS23 2QZ
Incorporated 21/02/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Wendy Rachael Mercieca

secretary · Since 21/02/2001

BRITISH

Mr Richard Michael Mercieca

director · Since 21/02/2001

MANAGER

BRITISH · UNITED KINGDOM · Age 56

Also on 3 other boards

Wendy Rachel Mercieca

director · Since 01/01/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 1 other board

Persons with Significant Control

Evolve Properties Limited

75–100% shares
75–100% votes
Appoint directors

2 Stafford Place, Weston-Super-Mare, BS23 2QZ

Reg: 10291985 · Companies House · Limited Company

Notified 31/01/2019

Former PSCs

Mr Richard Michael Mercieca

Ceased 31/01/2019

Wendy Rachel Mercieca

Ceased 31/01/2019

Charges12 outstanding

Charge
outstanding

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NATIONAL WESTMINSTER BANK PLC

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NATIONAL WESTMINSTER BANK PLC

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charge
outstanding

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Created 16/07/2012Registered 01/08/2012
charge
outstanding

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CompanyRankvs 253+ SIC 71129 peers
79

Financial strength98th percentile among SIC peers · 25/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 6.26× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£1.4M

Balance sheet strength

Cash

£738

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£1.7M

Current Liabilities

£269k

Fixed Assets

£35k

Debtors

£1.7M

7avg. employees-1

Balance Sheet

Assets less current liabilities£1.5M
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20256.26+£1k
202411.43+£94k
202312.46+£71k
202213.99+£43k
202111.65+£13k
202017.13

Derived from filed accounts. Not audited figures.