EVOLUTION ROPES LIMITED Financials
- Company number
- SC459171CopyCopy
- Registered office
- Evolution View Wellheads Crescent, Wellheads Industrial Estate, Dyce, Aberdeen AB21 7GA
- Incorporated
- 17/09/2013
Company snapshot
- Status
- Active
- Employees
- 2 (2024)
- Latest financial data
- 2024
- Accounts type
- Audited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
20.77%vs 20232023: £1.28M
Total Assets
9.24%vs 20232023: £2.99M
Cash in Bank
-34.83%vs 20232023: £795.53K
Total Liabilities
0.58%vs 20232023: £1.71M
Employees
-2vs 20232023: 4
In 2024, EVOLUTION ROPES LIMITED reported net assets of £1.55M. The same filing shows total assets of £3.27M, cash in bank of £518.47K and total liabilities of £1.72M. Reported headcount was 2 in 2024. Cash in Bank fell from £795.53K in 2023 to £518.47K in 2024 (-34.83%). Okredo holds filed figures for 2021–2024; 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
20.77%from £1.28M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures EVOLUTION ROPES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-7.4%vs 2022-3.8% a year compound (CAGR)
Cash in Bank
-38.1%vs 2022-21.4% a year compound (CAGR)
Total Assets
+43349%vs 2022+1984% a year compound (CAGR)
Employees
-50%vs 2022-2Biggest increase
Total Assets+43349%
£7.52K in 2022 to £3.27M in 2024
Biggest decrease
Employees-50%
4 in 2022 to 2 in 2024
EVOLUTION ROPES LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from EVOLUTION ROPES 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
- 47.43%2024
- 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
- 52.57%2024
- 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
- 30.18%2024
- 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
- 15.86%2024
- 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 ROPES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 1.13M | 1.67M | 1.28M | 1.55M |
| Total Assets£ | 0.00 | 7.52K | 2.99M | 3.27M |
| Cash in Bank£ | 9.29K | 838.24K | 795.53K | 518.47K |
| Total Liabilities£ | – | – | 1.71M | 1.72M |
| Employees | 4 | 4 | 4 | 2 |
EVOLUTION ROPES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for EVOLUTION ROPES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
EVOLUTION ROPES LIMITED reported net assets of £1.55M for 2024. That compares with £1.28M in 2023, a change of 20.77%.
EVOLUTION ROPES LIMITED reported total assets of £3.27M for 2024. That compares with £2.99M in 2023, a change of 9.24%.
EVOLUTION ROPES LIMITED reported cash in bank of £518.47K for 2024. That compares with £795.53K in 2023, a change of -34.83%.
EVOLUTION ROPES LIMITED reported 2 employees in 2024, compared with 4 in 2023.
Between 2022 and 2024, EVOLUTION ROPES LIMITED's net assets fell by 7.4%, cash in bank fell by 38.1%, total assets rose by 43349% and employee numbers fell by 50%. Net assets contracted at 3.8% a year across the two years to 2024, from £1.67M to £1.55M. Reported headcount went from 4 in 2022 to 2 in 2024 (-2).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.