Evolution Forwarding Limited
- Small
- Holding
- Active
- 14 years
- 8 employees
- £879,269 (assets)
- Virtual address
- 3 directors
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Evolution Forwarding Ltd, based in Romford, UK, is a small holding company with an active status, established 14 years ago. Employing eight people and holding £879,269 in assets, the company operates from a virtual address – a point to note as 165 other companies are registered at the same location. With three directors and one owner, Evolution Forwarding Ltd regularly imports electrical machinery and equipment (eight months of activity) and exports plastics and plastic products (49 months of activity).
The company’s website highlights its focus on international logistics, particularly the management of dangerous goods. Services include packing, training, consultancy, and customs brokerage. It also appears to have a secondary focus on piano restoration and sales, a surprising diversification from its core freight forwarding business. The site’s blog features articles on industry news, such as tariffs and shipping regulations, demonstrating a commitment to keeping clients informed.
Financially, Evolution Forwarding Ltd’s recent performance shows mixed signals. Cash reserves declined by 30%, dropping to £640,000, while net assets decreased by 10% to £700,000. Trade debtors have fallen by 25%, suggesting improved collection rates, but bank borrowings have increased significantly, reaching £10,000. Creditors also decreased by 16%, which is a positive sign. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the drop in equity and increased borrowings warrant further scrutiny. No auditor is mentioned, which is typical for small, exempt companies. The company’s reliance on a virtual address and the diversification into piano sales adds layers of complexity to its overall picture.
Registered in England/Wales under the registration number 07561542, with a registered address at RM1 3JT, Romford, Essex, 10 Western Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 2 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 14 years
- 3
-
Resident of United Kingdom
-
Individual
- 14 years
- 3
-
Resident of United Kingdom
-
Individual
- 14 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 10 pages pdf report
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Confirmation statement made on 2024-09-05 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-03-31Download 11 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Evolution Forwarding Limited
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