EVOLUTION TECHNOLOGY SOLUTIONS LTD
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Cash
£3.9m
+16.6% vs 2024
Net assets
£6.7m
+9.3% vs 2024
Employees
73
-24.7% lowest in 5 filed years
Profit before tax
£1.7m
+1,869.1% first positive since 2024
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £17,711,881 | £24,460,615 | £45,520,184 | £47,819,847 | £35,165,476 | £33,483,828 | -4.8% | |
| Operating profit | — | — | — | £2,315,194 | -£98,265 | £1,738,366 | +1,869.1% | |
| Profit before tax | £1,366,058 | £1,980,479 | £2,905,147 | £2,255,089 | -£98,265 | £1,738,366 | +1,869.1% | |
| Net profit | £1,102,078 | £1,601,030 | £2,129,062 | £1,836,664 | -£13,863 | £1,301,440 | +9,487.9% | |
| Cash | £1,842,376 | £1,098,238 | £2,642,228 | £4,322,996 | £3,310,239 | £3,859,391 | +16.6% | |
| Total assets less current liabilities | £4,850,066 | £3,895,153 | £5,634,555 | £6,805,549 | £6,129,912 | £6,669,996 | +8.8% | |
| Net assets | £4,838,338 | £3,835,758 | £5,554,393 | £6,732,172 | £6,095,659 | £6,663,840 | +9.3% | |
| Equity | £4,838,338 | £3,835,758 | £5,554,393 | £6,732,172 | £6,095,659 | £6,663,840 | +9.3% | |
| Average employees | — | 87 | 113 | 114 | 97 | 73 | -24.7% | |
| Wages | £3,602,400 | £4,396,949 | £6,442,890 | £6,145,734 | £5,282,085 | £4,646,026 | -12% | |
| Directors' remuneration | £16,800 | £16,800 | £16,800 | £42,649 | £441,056 | £448,795 | +1.8% | |
| Directors' pension contributions | — | — | — | — | £400,000 | £400,000 | 0% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 4.8% | -0.3% | 5.2% | |
| Net margin | 6.2% | 6.5% | 4.7% | 3.8% | -0.0% | 3.9% | |
| Return on capital employed | — | — | — | 34.0% | -1.6% | 26.1% | |
| Gearing (liabilities / total assets) | 41.9% | 54.3% | 59.4% | 57.0% | 53.8% | 46.6% | |
| Current ratio | — | — | — | 1.73x | 1.84x | 2.14x | |
| Interest cover | — | — | — | 38.52x | — | — |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation — the current trading name was adopted 2026-08-28
- EVOLUTION TECHNOLOGY SOLUTIONS LTD 2026-08-28 → present
- EVOLUTION RECRUITMENT SOLUTIONS LTD 2011-09-30 → 2026-08-28
- E-VOLUTION RECRUITMENT SOLUTIONS LTD 2000-05-10 → 2011-09-30
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting...”
Significant events
- “The company changed its name from Evolution Recruitment Solutions Ltd to Evolution Technology Solutions Ltd on 28 August 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ELLIOTT, Nicholas Jon | Secretary | 2000-05-10 | — | British |
| ELLIOTT, Helen | Director | 2015-03-01 | Feb 1978 | British |
| ELLIOTT, Nicholas Jon | Director | 2000-05-10 | Oct 1972 | British |
| MORRIS, Gareth John | Director | 2000-05-10 | May 1975 | British |
| MORRIS, Vanessa | Director | 2015-03-01 | Aug 1975 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LATHAM, Angela | Director | 2015-03-01 | 2020-03-05 |
| LATHAM, Michael Charles | Director | 2002-04-01 | 2020-03-05 |
| WHIPP, Richard Jack | Director | 2000-05-10 | 2002-04-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Evolution Recruitment Solutions Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-03-05 | Active |
Filing timeline
Last 20 of 80 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-08-28 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-29 | AA | accounts | Accounts with accounts type full | |
| 2026-08-28 | CERTNM | change-of-name | Certificate change of name company | |
| 2026-05-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-05-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-05-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-29 | AA | accounts | Accounts with accounts type full | |
| 2023-05-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-12-30 | AA | accounts | Accounts with accounts type full | |
| 2022-05-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-12-10 | AA | accounts | Accounts with accounts type full | |
| 2021-05-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-12-22 | AA | accounts | Accounts with accounts type full | |
| 2020-05-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-04-01 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2020-04-01 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2020-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2020-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2020-02-14 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.