Evolve Electrical Ltd in Norwich, NR1 1BY

Description

Data updated on: 01-11-2023

This business is based in Norwich under the ID 04281141. The company was set up in 2001. The office of this firm is situated at The Union Suite The Union Building 51 - 59 Rose Lane. The post code for this address is NR1 1BY. Despite the fact, that recently known as Evolve Electrical Ltd, it had the name changed. The firm was known under the name Evolve Electrical until 2011-05-17, when it was replaced by Epa Deposits 105. The last change occurred on 2011-05-23. The firm's principal business activity number is 43210 which means Electrical installation. Evolve Electrical Limited reported its account information for the financial period up to 2022-12-31. The business most recent annual confirmation statement was submitted on 2022-12-13.

From the information we have gathered, the following limited company was formed 23 years ago and has so far been guided by two directors.

Executives with significant control over the firm are: Darren R. owns over 1/2 to 3/4 of company shares and has 3/4 to full of voting rights. Wayne R. owns 1/2 or less of company shares.

Previous company's names
Evolve Electrical Ltd 2011-05-23
Epa Deposits 105 Ltd 2011-05-17
Evolve Electrical Limited 2001-09-04

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	6 722	9 890	23 555	34 005	76 723

Balance Sheet
Cash Bank On Hand					348 071	498 861	191 879	850 228	481 532	1 042 725	206 476	501 684
Current Assets	285 699	344 616	328 327	539 066	849 436	660 943	664 512	1 009 780	1 118 181	1 229 062	671 990	874 044
Debtors	193 124	188 835	38 159	48 105	236 865	21 082	17 633	13 152	347 441	55 123	386 940	284 585
Net Assets Liabilities						84 349	40 178	144 343	161 069	184 706	374 981	479 325
Other Debtors							10 269	11 059	16 675	54 591	170 260	224 818
Property Plant Equipment					9 999	8 834	7 827	10 238	13 119	15 799	17 382	111 278
Total Inventories					264 500	141 000	455 000	146 400	289 208	131 214	78 574	87 775
Cash Bank In Hand			174 468	134 361	348 071
Net Assets Liabilities Including Pension Asset Liability	6 722	9 890	23 555	34 005	76 723
Stocks Inventory	92 575	155 781	115 700	356 600	264 500
Tangible Fixed Assets	9 019	13 517	11 813	11 401	9 999

Capital & Reserves
Called Up Share Capital	2	2	7	7	7
Profit Loss Account Reserve	6 720	9 888	23 548	33 998	76 716
Shareholder Funds	6 722	9 890	23 555	34 005	76 723

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					29 118	31 790	34 164	39 280	44 611	51 042	58 341	72 480
Average Number Employees During Period					6	6	6	8	8	7	7
Bank Borrowings Overdrafts										50 000	35 777	26 297
Corporation Tax Payable					3 913		40 083			47 696
Corporation Tax Recoverable					1 606	3 176					20 000	53 351
Creditors					784 318	585 428	543 622	873 730	967 738	50 000	35 777	102 314
Fixed Assets									13 119	295 799	347 382	441 278
Increase From Depreciation Charge For Year Property Plant Equipment						2 672	2 374	5 116	5 331	6 431	7 299	14 139
Investment Property											330 000	330 000
Investment Property Fair Value Model											330 000
Investments Fixed Assets										280 000	330 000
Net Current Assets Liabilities	-493	-924	14 105	24 884	66 724	75 515	33 916	136 050	150 443	-58 091	66 679	161 504
Other Creditors							32 304	265 366	218 740	50 000	7 755	76 017
Other Investments Other Than Loans										280 000	330 000
Other Taxation Social Security Payable							14 103	234 783	65 017	194 324	2 934	3 035
Property Plant Equipment Gross Cost					39 117	40 624	41 991	49 518	57 730	66 841	75 723	183 758
Provisions For Liabilities Balance Sheet Subtotal							1 565	1 945	2 493	3 002	3 303	21 143
Total Additions Including From Business Combinations Property Plant Equipment						3 722	1 367	7 527	8 212	9 111	8 882	108 035
Total Assets Less Current Liabilities	8 526	12 593	25 918	36 285	76 723	84 349	127 604	146 288	163 562	237 708	414 061	602 782
Trade Creditors Trade Payables					568 219	436 299	417 878	373 581	683 981	619 717	585 142	674 211
Trade Debtors Trade Receivables					220 629		7 364	2 093	330 766	532	196 680	6 416
Accrued Liabilities					3 763	5 260	5 500
Creditors Due Within One Year	286 192	345 540	314 222	514 182	782 712
Disposals Property Plant Equipment						2 215
Number Shares Allotted		2	1	1	1
Par Value Share		1	1	1	1
Prepayments					1 236	1 827	269
Provisions For Liabilities Charges	1 804	2 703	2 363	2 280
Share Capital Allotted Called Up Paid	2	2	1	1	1
Tangible Fixed Assets Additions		8 855	2 448	3 773	2 394
Tangible Fixed Assets Cost Or Valuation	21 647	30 502	32 950	36 723	39 117
Tangible Fixed Assets Depreciation	12 628	16 985	21 137	25 322	29 118
Tangible Fixed Assets Depreciation Charged In Period		4 357	4 152	4 185	3 796
Work In Progress					264 500	141 000	455 000	146 400	289 208	131 214