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Evergen Systems Ltd.

07622119

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 1-4,, MAIDENHEAD, SL6 1BR
Incorporated 04/05/2011

Compliance

Last accounts

30/11/2025

medium

Next accounts due

31/08/2027

On track

Confirmation statement

Last: 15/08/2026

Due 29/08/2027

On track

Industry

71129
Other engineering activities

Officers

Mr Sukhbir Singh Sidhu

director · Since 04/05/2011

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 1 other board

Mr Ranjit Singh Sidhu

director · Since 22/02/2018

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 5 other boards

Persons with Significant Control

Evergen Group Ltd

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

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 Ranjit Singh Sidhu

Ceased 22/09/2023

Mr Sukhbir Singh Sidhu

Ceased 22/09/2023

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 20/02/2024Registered 26/02/2024
Charge
satisfied

NUCLEUS CASH FLOW FINANCE2 LIMITED

Created 25/08/2022Registered 30/08/2022Satisfied 17/11/2023
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 01/05/2018Registered 03/05/2018Satisfied 05/04/2024

CompanyRankvs 1381+ SIC 71129 peers
61

Financial strength97th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.48× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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

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

on this assessment, and after making appropriate enquiries, the Directors consider that there are no material uncertainties that may cast significant doubt on the Company’s ability to continue as a going concern and that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern bas

Key FinancialsYear ending 30/11/2025

Turnover

£20.4M

Annual revenue

Net Worth

£809k

Balance sheet strength

Cash

£830k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£4.1M

Current Liabilities

£2.8M

Fixed Assets

£123k

Debtors

£3.1M

Cost of Sales

£13.6M

Gross Profit

£6.8M

Admin Expenses

£6.5M

Operating Profit

£328k

Profit After Tax

£207k

67avg. employees-9

Tax at Year End(2023)

Dividends paid£20k

People Costs

Wages & salaries£1.9M
NI contributions£194k

Balance Sheet

Interest payable£122k
Assets less current liabilities£1.5M
Signed by Ranjit Singh Sidhu 03/08/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.48+£207k
20242.04-£745k
20232.13

Derived from filed accounts. Not audited figures.