EVOLUTION TECHNOLOGY SOLUTIONS LTD Financials
- Company number
- 03990096CopyCopy
- Registered office
- The Genesis Centre Garret Field, Birchwood, Warrington, Cheshire WA3 7BH
- Incorporated
- 10/05/2000
Company snapshot
- Status
- Active
- Employees
- 97 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-9.45%vs 20232023: £6.73M
Total Assets
-15.65%vs 20232023: £15.65M
Cash in Bank
-23.43%vs 20232023: £4.32M
Total Liabilities
-20.34%vs 20232023: £8.92M
Employees
-17vs 20232023: 114
In 2024, EVOLUTION TECHNOLOGY SOLUTIONS LTD reported net assets of £6.10M. The same filing shows total assets of £13.20M, cash in bank of £3.31M and total liabilities of £7.10M. Reported headcount was 97 in 2024. Total Assets fell from £15.65M in 2023 to £13.20M in 2024 (-15.65%). 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
-9.45%from £6.73M 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 TECHNOLOGY SOLUTIONS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+9.7%vs 2022+4.8% a year compound (CAGR)
Cash in Bank
+25.3%vs 2022+11.9% a year compound (CAGR)
Total Assets
-3.5%vs 2022-1.7% a year compound (CAGR)
Total Liabilities
-12.5%vs 2022-6.5% a year compound (CAGR)
Employees
-14.2%vs 2022-16Biggest increase
Cash in Bank+25.3%
£2.64M in 2022 to £3.31M in 2024
Biggest decrease
Employees-14.2%
113 in 2022 to 97 in 2024
EVOLUTION TECHNOLOGY SOLUTIONS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 TECHNOLOGY SOLUTIONS LTD'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
- 46.18%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
- 53.82%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
- 46.60%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
- 25.08%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 TECHNOLOGY SOLUTIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 3.84M | 5.55M | 6.73M | 6.10M |
| Total Assets£ | 8.40M | 13.67M | 15.65M | 13.20M |
| Cash in Bank£ | 1.10M | 2.64M | 4.32M | 3.31M |
| Total Liabilities£ | 4.56M | 8.12M | 8.92M | 7.10M |
| Employees | 87 | 113 | 114 | 97 |
EVOLUTION TECHNOLOGY SOLUTIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for EVOLUTION TECHNOLOGY SOLUTIONS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
EVOLUTION TECHNOLOGY SOLUTIONS LTD reported net assets of £6.10M for 2024. That compares with £6.73M in 2023, a change of -9.45%.
EVOLUTION TECHNOLOGY SOLUTIONS LTD reported total assets of £13.20M for 2024. That compares with £15.65M in 2023, a change of -15.65%.
EVOLUTION TECHNOLOGY SOLUTIONS LTD reported cash in bank of £3.31M for 2024. That compares with £4.32M in 2023, a change of -23.43%.
EVOLUTION TECHNOLOGY SOLUTIONS LTD reported 97 employees in 2024, compared with 114 in 2023.
Between 2022 and 2024, EVOLUTION TECHNOLOGY SOLUTIONS LTD's net assets rose by 9.7%, cash in bank rose by 25.3%, total assets fell by 3.5% and total liabilities fell by 12.5%. Net assets compounded at 4.8% a year across the two years to 2024, from £5.55M to £6.10M. Reported headcount went from 113 in 2022 to 97 in 2024 (-16).
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.