Evolution Logistics Limited

Evolution Logistics Limited, based in Derby, UK, is a sizable company operating as a holding entity with an active status. Established 24 years ago in 2001, it employs 36 individuals and holds assets totaling £8,213,588. The company has a real address and is overseen by four directors and one owner. It regularly imports and exports clothing and accessories, excluding knitted or crocheted items – 5 months of imports and 6 months of exports recorded.

The company’s website showcases a focus on urgent logistics and time-critical deliveries. It’s not an e-commerce site, but rather a service provider offering a range of solutions, including emergency logistics, project management, critical deliveries, express deliveries, and supply chain analysis. They cater to various industries, from agriculture to telecoms, emphasizing rapid response and data-driven solutions. They even operate global control centres across multiple continents, ensuring 24/7 support.

Financially, Evolution Logistics Limited presents a mixed picture. While net assets increased by a respectable 5%, bank borrowings surged by 2,400%, reaching £29,000. Cash reserves decreased by 35%, dropping to £420,000. Creditors decreased by 11%, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company – turnover exceeding £36 million, balance sheet total over £18 million, and more than 250 employees) allows for agility, but the increase in borrowings raises questions. The auditor, Mercer & Hole LLP, has signed off on the accounts, providing some assurance.

The surge in borrowings, combined with the decrease in cash reserves, suggests the company may be investing heavily in its operations or facing increased costs. The continued growth in imports and exports, however, indicates ongoing demand for its services. It’s likely that the company is navigating the challenges of a dynamic market, balancing growth with financial stability.

Registered in England/Wales under the registration number 04148453, with a registered address at DE73 5UH, England, Derby, Bezant House Bradgate Park View, Chellaston.

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