Evolution Sheet Metal Limited

Evolution Sheet Metal Ltd, based in Bury, UK, is a small, family-run business with an active status. Founded sixteen years ago in 2009, it employs five people and holds £295,271 in assets. The company, with two directors and two owners, operates from a real address and has a Google rating of 3.0 based on four reviews. It’s an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances – parts, with the last import operation recorded just one month ago in December 2024.

The company’s website is not available, so it’s difficult to determine the specifics of their operations beyond what's been reported. However, the company operates in the manufacture of metal structures and parts of structures industries.

Financially, Evolution Sheet Metal Ltd shows a mixed picture. While cash reserves have increased by a substantial 150% to £100,000, current assets have only grown slightly, by 0.94% to £300,000. Bank borrowings have decreased by 29% to £220,000, which is a positive sign. However, net assets have increased by 25% to £970,000, and creditors have decreased by 28% to £170,000. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the decrease in trade debtors by 3.5% could indicate payment issues. The company is exempt from an audit, so the financial information is unaudited.

The increase in depreciation impairment for plant machinery is notable, growing by 880%, but the decrease in investment property fair value model is a concern. It’s likely that the company is experiencing some growing pains, but its family ownership and focus on metal structures could provide a stable foundation for future success.

Registered in England/Wales under the registration number 06880887, with a registered address at PE26 2RA, Bury, Cambridgeshire, Hangar 4 Upwood Air Park, Ramsey Road.

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