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Evolve Capital Development Ltd

12841294

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 27/08/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68201
Renting and operating of Housing Association real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Gurneik Randhawa

director · Since 27/08/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Persons with Significant Control

Mr Gurneik Randhawa

75–100% shares

British · United Kingdom · Age 37

20-22, Wenlock Road, London, N1 7GU

Notified 27/08/2020

Charges2 outstanding

Charge
outstanding

ONESAVINGS BANK PLC

Created 05/08/2022Registered 05/08/2022
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED T/A PRECISE MORTGAGES

Created 11/02/2021Registered 17/02/2021

CompanyRankvs 112058+ SIC 68100 peers
28

Financial strength9th percentile among SIC peers · 2/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.03× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees3/15 pts

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

Liquidity12/20 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2022

Net Worth

-£32k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£97k

Current Liabilities

£94k

Fixed Assets

£189k

0avg. employees

Balance Sheet

Assets less current liabilities£192k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20221.03-£13k
20210.00

Derived from filed accounts. Not audited figures.