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Evolve Products Ltd

08141004

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)
  • Negative net worth (-10)

Details

EMPRESS BUSINESS CENTRE, MANCHESTER, M16 9EA
Incorporated 12/07/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Leon Dean Williams

director · Since 12/07/2012

IT

BRITISH · UNITED KINGDOM · Age 53

Also on 3 other boards

Persons with Significant Control

Mr Leon Dean Williams

75–100% shares

British · United Kingdom · Age 53

Office 038, Northlight Parade, Nelson, BB9 5EG

Notified 12/07/2016

CompanyRankvs 24355+ SIC 62090 peers
56

Financial strength15th percentile among SIC peers · 4/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.09× · 12/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees11/15 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.

Longevity14/15 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 30/04/2024

Net Worth

-£3k

Balance sheet strength

Cash

£476

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£52k

Current Liabilities

£47k

Fixed Assets

£562

Debtors

£7k

2avg. employees

Balance Sheet

Bank loans & overdrafts£7k
Assets less current liabilities£5k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.09-£14k
20231.50-£9k
20222.28-£24k
20212.91
20200.98
20190.39+£2k
20180.36

Derived from filed accounts. Not audited figures.