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Evolve 4 Solutions Limited

12636077

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

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

2-8 THE INTERCHANGE, HUNTINGDON, PE29 6YE
Incorporated 30/05/2020

Compliance

Last accounts

31/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/07/2025

Due 20/07/2026

On track

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Mrs Jacqueline Wild

director · Since 30/05/2020

DIRECTOR

BRITISH · ENGLAND · Age 58

Mr Michael Aidan Mcdonnell

director · Since 05/07/2020

DIRECTOR

IRISH · ENGLAND · Age 52

Also on 3 other boards

Pat Tracey

director · Since 30/08/2023

DIRECTOR

IRISH · IRELAND · Age 47

Mr Robert Andrew Watson

director · Since 17/03/2026

BRITISH · NORTHERN IRELAND · Age 68

Also on 5 other boards

Persons with Significant Control

Evolve 4 Group Limited

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

Grange House, 5 Grange Lane, Winsford, CW7 2BP

Reg: 12719900 · England And Wales · Limited Company

Notified 05/07/2020

Former PSCs

Mrs Jacqueline Wild

Ceased 05/07/2020

CompanyRankvs 28357+ SIC 62012 peers
37

Financial strength37th percentile among SIC peers · 9/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength9/25 pts

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

Employees15/15 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.

Longevity6/15 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.

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

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty relating to going concern We draw attention to note 2 to the financial statements, which states there is a combined negative balance sheet position of Evolve 4 Group Ltd and its subsidiaries at the balance sheet

Key FinancialsYear ending 31/12/2024

Turnover

£4.0M

Annual revenue

Net Worth

£100

Balance sheet strength

Cash

£429k

Cash in the bank

Profit Before Tax

-£142k

Bottom line earnings

Net Current Assets

-£2.7M

Working capital

Current Assets

£1.1M

Current Liabilities

£3.9M

Fixed Assets

£2.2M

Debtors

£711k

Cost of Sales

£3.2M

Gross Profit

£842k

Admin Expenses

£1.0M

Operating Profit

-£143k

Profit After Tax

-£152k

36avg. employees+24

People Costs

Wages & salaries£939k
NI contributions£94k

Balance Sheet

Intangible assets£2.1M
Assets less current liabilities-£544k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.30
20230.75
20220.86-£129k
20211.02
20200.98

Derived from filed accounts. Not audited figures.