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EVOLVE 4 SOLUTIONS LIMITED Financials

Company number
12636077Copy
Copy
Registered office
2-8 The Interchange Latham Road, Huntingdon, Cambridgeshire PE29 6YE
Incorporated
30/05/2020

Company snapshot

Status
Active
Employees
36 (2024)
Latest financial data
2024
Accounts type
Medium

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£-543.98K2024
-38.66%vs 2023

2023: £-392.30K

Total Assets

£3.38M2024
157.25%vs 2023

2023: £1.31M

Cash in Bank

£429.02K2024
10.92%vs 2023

2023: £386.79K

Total Liabilities

£3.86M2024
129.33%vs 2023

2023: £1.68M

Employees

362024
+24vs 2023

2023: 12

In 2024, EVOLVE 4 SOLUTIONS LIMITED reported net assets of £-543.98K. The same filing shows total assets of £3.38M, cash in bank of £429.02K and total liabilities of £3.86M. Reported headcount was 36 in 2024. Total Liabilities rose from £1.68M in 2023 to £3.86M in 2024 (129.33%). 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

£-543.98K2024
-38.66%from £-392.30K in 2023

Year-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 EVOLVE 4 SOLUTIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£-102.71K2022£-543.98K2024
Decreasedvs 2022

Cash in Bank

£315.87K2022£429.02K2024
+35.8%vs 2022

+16.5% a year compound (CAGR)

Total Assets

£695.58K2022£3.38M2024
+385%vs 2022

+120% a year compound (CAGR)

Total Liabilities

£798.29K2022£3.86M2024
+384%vs 2022

+120% a year compound (CAGR)

Employees

132022362024
+177%vs 2022+23

Biggest increase

Total Assets+385%

£695.58K in 2022 to £3.38M in 2024

EVOLVE 4 SOLUTIONS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, with cash in bank, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from EVOLVE 4 SOLUTIONS 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
-16.12%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
114.37%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
11.11%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
12.71%2024
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Revenue per employee
£111.89K2024
Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for EVOLVE 4 SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£26.52K-102.71K-392.30K-543.98K
Total Assets£798.62K695.58K1.31M3.38M
Cash in Bank£308.41K315.87K386.79K429.02K
Total Liabilities£772.10K798.29K1.68M3.86M
Employees8131236

EVOLVE 4 SOLUTIONS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for EVOLVE 4 SOLUTIONS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

EVOLVE 4 SOLUTIONS LIMITED reported net assets of £-543.98K for 2024. That compares with £-392.30K in 2023, a change of -38.66%.

EVOLVE 4 SOLUTIONS LIMITED reported total assets of £3.38M for 2024. That compares with £1.31M in 2023, a change of 157.25%.

EVOLVE 4 SOLUTIONS LIMITED reported cash in bank of £429.02K for 2024. That compares with £386.79K in 2023, a change of 10.92%.

EVOLVE 4 SOLUTIONS LIMITED reported 36 employees in 2024, compared with 12 in 2023.

Between 2022 and 2024, EVOLVE 4 SOLUTIONS LIMITED's cash in bank rose by 35.8%, total assets rose by 385%, total liabilities rose by 384% and employee numbers rose by 177%. Cash in bank compounded at 16.5% a year across the two years to 2024, from £315.87K to £429.02K. Reported headcount went from 13 in 2022 to 36 in 2024 (+23).

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.