Evolution Aqua Limited

Evolution Aqua Ltd, based in Wigan, UK, is a small, holding company with an active status, celebrating 24 years in business. Employing 39 people, the company holds assets valued at £4,945,376 and operates a real address, managed by four directors and one owner. It runs an e-commerce site and regularly imports and exports machinery, boilers, and mechanical appliances, parts – with 169 months of import activity and 185 months of export activity.

The company’s core business revolves around the manufacture of other general-purpose machinery, as evidenced by its website. The site showcases a wide range of pond filtration systems, water filtrations for ponds and aquariums, and related accessories. It emphasizes a commitment to quality and innovation, offering product brochures, instructions, calculators, and a dedicated support section. The site also highlights award-winning technology and provides resources for dealers and stockists, suggesting a focus on both direct-to-consumer and wholesale channels.

Financially, Evolution Aqua Ltd presents a mixed picture. While cash reserves increased by 37% to £820,000, net assets experienced a significant drop of 58%, settling at £1.8 million. Director remuneration increased substantially by 60% to £600,000, and bank borrowings also rose, though the specific amount isn’t detailed. Trade creditors increased by 250%, reaching £1.4 million, which could indicate expanding credit terms or delayed payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in net assets is a cause for some concern. The unaudited figures, coupled with the absence of a named auditor, mean these numbers should be viewed with a degree of caution.

The increase in employee numbers by 36% to 53 also suggests a period of expansion, though it’s unclear whether this growth is sustainable given the other financial pressures. Overall, Evolution Aqua Ltd appears to be navigating a period of change, balancing growth with financial challenges.

Registered in England/Wales under the registration number 04153644, with a registered address at WN5 0LP, Wigan, Lancashire, Evolution House, Kellett Close.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.