Evolve Office Limited

Evolve Office Limited, based in Colchester, UK, is a small, active company founded 16 years ago. With two employees and £58,671 in assets, it’s a modest operation overseen by three directors and a single owner. Boasting a perfect 5.0 Google rating from seven reviews, it’s clearly doing something right.

The company operates in the retail sale via mail order houses or via internet industries, and its website reveals a focus on stationery supplies. It’s a small, family-run business, and the website gives a professional impression.

Financially, Evolve Office Limited’s numbers show a mixed picture. Current assets have fallen by 17% to £59,000, while bank borrowings have decreased by 29% to £24,000. Cash reserves have also taken a hit, dropping 53% to £13,000. Creditors have decreased by 8.7%, which is good, but the decline in cash is a bit concerning. The company meets two of the three criteria to be classified as small, with turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. There's no auditor mentioned, which is common for small companies.

Overall, Evolve Office Limited seems to be navigating a challenging environment. While it maintains a strong online presence and positive customer reviews, the declining cash reserves suggest it’s burning through money a bit faster than it’s bringing it in. The company’s small size allows for flexibility, but it also means it’s more vulnerable to economic downturns. It’s a steady, but not thriving, business.

Registered in England/Wales under the registration number 06795443, with a registered address at CO7 7YH, Colchester, Essex, 36 Lucerne Road, Elmstead Market.

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