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EVOLUTION ABS LIMITED Financials

Company number
07024982Copy
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Registered office
Oake House Silver Street, West Buckland, Wellington, Somerset TA21 9LR
Incorporated
21/09/2009

Company snapshot

Status
Active
Employees
27 (2026)
Latest financial data
2026
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2026.

Net Assets

£559.39K2026
0.57%vs 2025

2025: £556.24K

Total Assets

£1.10M2026
13.06%vs 2025

2025: £974.98K

Cash in Bank

£334.86K2026
16.59%vs 2025

2025: £287.22K

Total Liabilities

£526.41K2026
30.15%vs 2025

2025: £404.46K

Employees

272026
+1vs 2025

2025: 26

In 2026, EVOLUTION ABS LIMITED reported net assets of £559.39K. The same filing shows total assets of £1.10M, cash in bank of £334.86K and total liabilities of £526.41K. Reported headcount was 27 in 2026. Total Assets rose from £974.98K in 2025 to £1.10M in 2026 (13.06%). Okredo holds filed figures for 2022–2026; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£559.39K2026
0.57%from £556.24K in 2025

Year-on-year change

Net Assets as filed for 2022–2026. Every figure in this chart is also in the financial history table.

3-year financial trend (2024–2026)

How the figures EVOLUTION ABS LIMITED filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.

Net Assets

£500.58K2024£559.39K2026
+11.7%vs 2024

+5.7% a year compound (CAGR)

Cash in Bank

£271.09K2024£334.86K2026
+23.5%vs 2024

+11.1% a year compound (CAGR)

Total Assets

£918.77K2024£1.10M2026
+20%vs 2024

+9.5% a year compound (CAGR)

Total Liabilities

£394.05K2024£526.41K2026
+33.6%vs 2024

+15.6% a year compound (CAGR)

Employees

252024272026
+8%vs 2024+2

Biggest increase

Total Liabilities+33.6%

£394.05K in 2024 to £526.41K in 2026

Every indicator Okredo holds for EVOLUTION ABS LIMITED rose between 2024 and 2026. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, cash in bank, total assets and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from EVOLUTION ABS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
50.75%2026

Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.

Liabilities to total assets
47.75%2026

Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Cash to liabilities
63.61%2026

Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.

Cash to total assets
30.38%2026

Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for EVOLUTION ABS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20222023202420252026
Net Assets£323.67K435.34K500.58K556.24K559.39K
Total Assets£716.27K832.22K918.77K974.98K1.10M
Cash in Bank£187.56K245.47K271.09K287.22K334.86K
Total Liabilities£378.02K377.55K394.05K404.46K526.41K
Employees2323252627

EVOLUTION ABS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has EVOLUTION ABS LIMITED filed financial statements?

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Yes. Okredo holds filed figures for EVOLUTION ABS LIMITED covering 2022–2026, across 5 reported indicators. The most recent reported year is 2026.

What net assets did EVOLUTION ABS LIMITED report in 2026?

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EVOLUTION ABS LIMITED reported net assets of £559.39K for 2026. That compares with £556.24K in 2025, a change of 0.57%.

What total assets did EVOLUTION ABS LIMITED report in 2026?

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EVOLUTION ABS LIMITED reported total assets of £1.10M for 2026. That compares with £974.98K in 2025, a change of 13.06%.

What cash in bank did EVOLUTION ABS LIMITED report in 2026?

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EVOLUTION ABS LIMITED reported cash in bank of £334.86K for 2026. That compares with £287.22K in 2025, a change of 16.59%.

How many people does EVOLUTION ABS LIMITED employ?

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EVOLUTION ABS LIMITED reported 27 employees in 2026, compared with 26 in 2025.

How have EVOLUTION ABS LIMITED financials changed over the last 3 years?

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Between 2024 and 2026, EVOLUTION ABS LIMITED's net assets rose by 11.7%, cash in bank rose by 23.5%, total assets rose by 20% and total liabilities rose by 33.6%. Net assets compounded at 5.7% a year across the two years to 2026, from £500.58K to £559.39K. Reported headcount went from 25 in 2024 to 27 in 2026 (+2).

Which years of EVOLUTION ABS LIMITED financial data are available?

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Okredo holds reported figures for the years 2022, 2023, 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.