Back to search

Evolution Auto Limited

11142739

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

FRIARS HOUSE, COVENTRY, CV1 2TE
Incorporated 10/01/2018

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 31/03/2026

Due 14/04/2027

On track

Industry

62012
Business and domestic software development
77110
Renting and leasing of cars and light motor vehicles

Officers

Mrs Charnjit Saranna

director · Since 10/01/2018

CHIEF FINANCE OFFICER

BRITISH · UNITED KINGDOM · Age 59

Also on 5 other boards

Mr Lashman Saranna

director · Since 10/01/2018

CHIEF EXECUTIVE OFFICER

INDIAN · ENGLAND · Age 63

Also on 8 other boards

Persons with Significant Control

Mr Lashman Saranna

25–50% shares
25–50% votes
Appoint directors

Indian · England · Age 63

Friars House, Manor House Drive, Coventry, CV1 2TE

Notified 10/01/2018

Mrs Charnjit Saranna

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 59

Friars House, Manor House Drive, Coventry, CV1 2TE

Notified 10/01/2018

CompanyRankvs 35860+ SIC 62012 peers
39

Financial strength1th percentile among SIC peers · 0/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.47× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Arden Software Limited
90
2Synergy Logistics Limited
90
3Animation 2000 Limited
90
4Clive Holmes Limited
90
5H. & A.K. Fletcher Limited
90
6Datastor Systems Limited
90
7Xenith Document Systems Ltd
90
8Tba Doncaster Limited
90
9Industrial Tool Supplies (London) Limited
90
10Computair Limited
90
35860Evolution Auto Limited
39
How is this score calculated?
Financial strength0/25 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.

Liquidity2/20 pts

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

Longevity8/15 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 31/03/2025

Net Worth

-£1.5M

Balance sheet strength

Cash

£62k

Cash in the bank

Net Current Assets

-£251k

Working capital

Current Assets

£222k

Current Liabilities

£473k

Fixed Assets

£161k

Debtors

£160k

10avg. employees

Tax at Year End

VAT£6k

Balance Sheet

Intangible assets£121k
Assets less current liabilities-£89k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.47-£249k£123k
20240.40-£421k£451k
20230.26-£478k—
20220.14-£107k—
20210.09-£85k—
20200.18-£60k—
20190.21——

Derived from filed accounts. Not audited figures.