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Evolution Valves Limited

07278075

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

EVOLUTION HOUSE LIMEOAK WAY, STOCKTON-ON-TEES, TS18 2LS
Incorporated 09/06/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28140
Manufacture of taps and valves

Officers

Mark Peter Cone

director · Since 30/07/2010

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 6 other boards

Persons with Significant Control

Mr Mark Peter Cone

75–100% shares
75–100% votes

British · United Kingdom · Age 68

Evolution House, Limeoak Way, Stockton-On-Tees, TS18 2LS

Notified 06/04/2016

Former PSCs

Mr Steven Timothy Heap

Ceased 26/12/2019

Charges0 outstanding

Charge
satisfied

THINCATS LOAN SYNDICATES LTD

Created 03/08/2016Registered 03/08/2016Satisfied 16/11/2022
Charge
satisfied

THINCATS LOAN SYNDICATES LTD

Created 03/08/2016Registered 03/08/2016Satisfied 16/11/2022

CompanyRankvs 30+ SIC 28140 peers
82

Financial strength78th percentile among SIC peers · 20/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 4.79× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees12/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£216k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£223k

Working capital

Current Assets

£282k

Current Liabilities

£59k

Fixed Assets

£5k

5avg. employees

Balance Sheet

Assets less current liabilities£228k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20244.79-£5k
20233.29

Derived from filed accounts. Not audited figures.