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Cedar Bay Evolve Ltd

13122858

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

THE OLD GRANGE, CHELTENHAM, GL52 8YQ
Incorporated 08/01/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Kim Louise Teagle

secretary · Since 08/01/2021

Matthew William Brown

director · Since 08/01/2021

DIRECTOR

BRITISH · ENGLAND · Age 41

Stephen David Fletcher

director · Since 08/01/2021

DIRECTOR

BRITISH · ENGLAND · Age 51

Mr Roger Fred Teagle

director · Since 08/01/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 8 other boards

Mrs Kim Louise Teagle

director · Since 25/10/2024

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 3 other boards

Persons with Significant Control

Mr Roger Fred Teagle

25–50% shares
25–50% votes

British · United Kingdom · Age 59

Meadow Cottage, Menagissey, Truro, TR4 8DQ

Notified 28/10/2024

Mrs Kim Louise Teagle

25–50% shares
25–50% votes

British · United Kingdom · Age 57

Meadow Cottage, Menagissey, Truro, TR4 8DQ

Notified 28/10/2024

Former PSCs

Hermes Systems Ltd.

Ceased 06/02/2023

Hswt Ltd

Ceased 06/02/2023

Hscbe Ltd

Ceased 01/12/2023

Mr Robert Marriott Freeman

Ceased 15/04/2025

CompanyRankvs 38782+ SIC 62012 peers
41

Financial strength2th percentile among SIC peers · 1/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.64× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 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.

Liquidity6/20 pts

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

Longevity5/15 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 30/06/2025

Net Worth

-£449k

Balance sheet strength

Cash

£242k

Cash in the bank

Net Current Assets

-£449k

Working capital

Current Assets

£790k

Current Liabilities

£1.2M

Debtors

£549k

13avg. employees-1

Balance Sheet

Assets less current liabilities-£449k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.64+£13k
20240.62-£920k
20230.64+£137k
20220.63+£214k
20210.30

Derived from filed accounts. Not audited figures.