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Evology Ltd

13074938

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

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 10/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Glen Parcell

director · Since 10/12/2020

DIRECTOR

BRITISH · ENGLAND · Age 59

Simon Wells

director · Since 10/12/2020

DIRECTOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Simon Wells

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

British · England · Age 40

124, City Road, London, EC1V 2NX

Notified 10/12/2020

Glen Parcell

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

British · England · Age 59

5, Benningfield Road, Ware, SG12 8RD

Notified 10/12/2020

Former PSCs

Jay Hancock

Ceased 31/03/2022

CompanyRankvs 8136+ SIC 62020 peers
79

Financial strength94th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.23× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 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.

Liquidity20/20 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£238k

Balance sheet strength

Cash

£124k

Cash in the bank

Net Current Assets

£236k

Working capital

Current Assets

£428k

Current Liabilities

£192k

Fixed Assets

£5k

Debtors

£304k

4avg. employees+2

Tax at Year End

VAT£51k

Balance Sheet

Assets less current liabilities£241k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.23+£146k£1.0M
20232.17+£85k£187k
20221.30+£10k£31k
20210.21

Derived from filed accounts. Not audited figures.