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Evolve Data Solutions Ltd

09249188

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

EVOLVE BUSINESS CENTRE, HOUGHTON LE SPRING, DH4 5QY
Incorporated 06/10/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Andrew Langley

secretary · Since 06/10/2014

Mr Michael Hunter

director · Since 06/10/2014

CABLING DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Mr Andrew John William Langley

director · Since 06/10/2014

IT DIRECTOR

ENGLISH · ENGLAND · Age 45

Also on 4 other boards

Mrs Kathleen Pucci Hunter

director · Since 08/03/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Persons with Significant Control

Mr Michael Hunter

50–75% shares
50–75% votes

British · England · Age 52

Evolve Business Centre, Cygnet Way, Houghton Le Spring, DH4 5QY

Notified 20/10/2017

Mr Andrew John William Langley

25–50% shares
25–50% votes

British · England · Age 45

Evolve Business Centre, Cygnet Way, Houghton Le Spring, DH4 5QY

Notified 09/02/2023

Former PSCs

Mr Andrew Langley

Ceased 20/10/2017

CompanyRankvs 1965+ SIC 62090 peers
85

Financial strength96th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.9× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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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.

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.

Longevity12/15 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 31/10/2024

Net Worth

£658k

Balance sheet strength

Cash

£111k

Cash in the bank

Net Current Assets

£659k

Working capital

Current Assets

£1.0M

Current Liabilities

£347k

Fixed Assets

£10k

Debtors

£895k

8avg. employees-1

Tax at Year End

Corp tax£89k

Balance Sheet

Assets less current liabilities£669k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.90+£64k
20232.28+£146k
20222.04-£27k
20213.04

Derived from filed accounts. Not audited figures.