Evoluteiq Limited
11865494
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/03/2019
DIRECTOR
ENGLISH · UNITED KINGDOM · Age 50
Also on 1 other board
director · Since 14/06/2019
COMPANY DIRECTOR
INDIAN · INDIA · Age 51
Also on 2 other boards
director · Since 14/06/2019
IT SOFTWARE PROFESSIONAL
INDIAN · INDIA · Age 55
Also on 1 other board
director · Since 15/07/2019
DIRECTOR
BRITISH · UNITED KINGDOM · Age 54
Also on 2 other boards
Persons with Significant Control
Former PSCs
Mr Sameet Ashok Gupte
Ceased 14/06/2019
Trives Partners Limited
Ceased 18/12/2020
Quadwave Consulting Uk Limited
Ceased 18/12/2020
CompanyRankvs 103230+ SIC 62020 peers19
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d
Key FinancialsYear ending 31/12/2025
Net Worth
-£4.3M
Balance sheet strength
Cash
£1.4M
Cash in the bank
Profit Before Tax
-£4.0M
Bottom line earnings
Net Current Assets
-£12.0M
Working capital
Current Assets
£9.2M
Current Liabilities
£21.2M
Fixed Assets
£8.0M
Debtors
£7.8M
Cost of Sales
£1.1M
Admin Expenses
£15.3M
Profit After Tax
-£2.8M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.43 | -£4.3M |
| 2024 | 0.47 | +£0 |
| 2023 | 0.46 | +£0 |
| 2022 | 0.55 | +£0 |
| 2021 | 0.82 | — |
Derived from filed accounts. Not audited figures.