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Evolution Castings Group Limited

14786291

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

BUILDING 7, BRIDGNORTH, WV15 5HP
Incorporated 07/04/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64202
Activities of production holding companies

Officers

Mr Duncan Stuart Eldridge

director · Since 05/02/2024

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 3 other boards

Mrs Elizabeth Henrietta Oxborough

director · Since 30/03/2026

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Persons with Significant Control

Mr Andrew James Sebastian Burn

25–50% votes

British · United Kingdom · Age 52

Building 7, Stanmore Industrial Estate, Bridgnorth, WV15 5HP

Notified 05/02/2024

Former PSCs

Mr Andrew James Sebastian Burn

Ceased 05/02/2024

Charges1 outstanding

Charge
outstanding

GLAS TRUST CORPORATION LIMITED AS SECURITY TRUSTEE

Created 07/04/2026Registered 08/04/2026
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/06/2023Registered 03/07/2023Satisfied 15/04/2026

CompanyRankvs 1385+ SIC 64202 peers
7

Financial strength1th percentile among SIC peers · 0/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 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.

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.

Longevity3/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent 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 c

Key FinancialsYear ending 30/09/2024

Net Worth

-£2.6M

Balance sheet strength

Cash

£97

Cash in the bank

Net Current Assets

-£2.6M

Working capital

Current Assets

£12.9M

Current Liabilities

£15.5M

Fixed Assets

£3

Debtors

£12.9M

Profit After Tax

-£2.6M

0avg. employees

Balance Sheet

Assets less current liabilities-£2.6M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent Ratio
20240.83

Derived from filed accounts. Not audited figures.