Evergen Systems Ltd.
07622119
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/05/2011
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 71
Also on 1 other board
director · Since 22/02/2018
DIRECTOR
BRITISH · ENGLAND · Age 43
Also on 5 other boards
Persons with Significant Control
Evergen Group Ltd
Unit 1-4, Bell Street, Maidenhead, England, Sl6 1b, Bell Street, Maidenhead, SL6 1BR
Reg: 14571609 · Companies House · Private Limited Company
Notified 22/09/2023
Former PSCs
Mr Sukhbir Singh Sidhu
Ceased 22/09/2023
Mr Ranjit Singh Sidhu
Ceased 22/09/2023
Charges1 outstanding
HSBC UK BANK PLC
NUCLEUS CASH FLOW FINANCE2 LIMITED
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 333+ SIC 71129 peers69
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going conce
Key FinancialsYear ending 30/11/2024
Turnover
£13.9M
Annual revenue
Net Worth
£602k
Balance sheet strength
Cash
£864k
Cash in the bank
Profit Before Tax
-£745k
Bottom line earnings
Net Current Assets
£1.8M
Working capital
Current Assets
£3.5M
Current Liabilities
£1.7M
Fixed Assets
£138k
Debtors
£2.6M
Cost of Sales
£8.5M
Gross Profit
£5.5M
Admin Expenses
£6.1M
Operating Profit
-£620k
Profit After Tax
-£745k
Tax at Year End(2023)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.04 | -£745k |
| 2023 | 2.13 | +£24k |
| 2022 | 1.71 | +£1.2M |
| 2021 | 1.68 | +£54k |
| 2020 | 1.01 | — |
Derived from filed accounts. Not audited figures.