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Evolve Business Limited

10962685

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

RIDOWN BUILDING, FULCRUM 2 SOLENT WAY, FAREHAM, PO15 7FN
Incorporated 14/09/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47421
Retail sale of mobile telephones
47429
Retail sale of telecommunications equipment
61900
Other telecommunications activities

Officers

Mr Aaron Maurice Brown

director · Since 14/09/2017

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 12 other boards

Mr Darren Michael Ridge

director · Since 14/09/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 61 other boards

Persons with Significant Control

Bios Group Limited

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

Ridown Building Fulcrum 2, Solent Way, Fareham, PO15 7FN

Reg: 06521296 · Companies House · Private Limited Company

Notified 19/07/2019

Former PSCs

Ridown Group Limited

Ceased 01/06/2018

Onecom Group Limited

Ceased 19/07/2019

Mr Graham Jeremy Long

Ceased 06/03/2019

Charges0 outstanding

Charge
satisfied

HSBC UK BANK PLC AS LENDER

Created 08/04/2019Registered 17/04/2019Satisfied 02/08/2019
Charge
satisfied

LLOYDS BANK PLC

Created 25/06/2018Registered 10/07/2018Satisfied 18/04/2019

CompanyRankvs 26780+ SIC 47421 peers
40

Financial strength31th percentile among SIC peers · 8/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.76× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength8/25 pts

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

Employees2/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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 31/12/2022

Net Worth

£100

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£263k

Working capital

Current Assets

£811k

Current Liabilities

£1.1M

Debtors

£808k

0avg. employees

Balance Sheet

Assets less current liabilities-£263k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20220.76
20210.79
20200.84
20190.85
20180.96

Derived from filed accounts. Not audited figures.