Evolve Resources Ltd
- Active
- Small
- 25 years
- 11 employees
- £1,872,864 (cur assets)
- Irregular importer
- Regular exporter
- Real address
- 3 directors
- 1 owner
- Swansea
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
Social media
Summary
Evolve Resources Ltd, based in Swansea, UK, is a small, active company established 24 years ago. With 11 employees and £949,425 in assets, it’s a modest operation led by four directors and one owner. The company maintains a real address and has been trading for a while, though its import and export activity is somewhat irregular – importing optical and medical tools for a single month in 2022 and exporting tanning and dyeing products for two months in 2023.
The company’s website reveals a specialized focus on pharmaceutical supply chain optimization. Evolve Resources operates both in the UK and internationally, with a presence in Dubai and Malta. It offers a full range of services, including patients distribution, raw materials logistics, warehousing, and finished products transport. The company emphasizes its experienced team and bespoke services, aiming to simplify pharmaceutical supply chains for clients. It also has a division dedicated to piano restoration and sales, operating from Cambridge and even boasting a showroom in Harrods.
Financially, Evolve Resources Ltd presents a mixed picture. While the company is classified as small (meeting two of three conditions: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its financial health shows some concerning trends. Current assets have decreased significantly, falling by 51% to £950,000, and net assets have plummeted 520% to £110,000. Bank borrowings have decreased by 23%, but cash reserves have experienced a dramatic 95% drop to just £8,200. Creditors have increased substantially, rising 110% to £77,000, and trade debtors have fallen by 46%. The company’s retained earnings have increased significantly, but the overall picture suggests a company burning through cash. There’s no mention of an auditor, likely due to its small size and exemption from an audit.
Registered in England/Wales under the registration number 04148987, with a registered address at SA2 8PP, United Kingdom, Swansea, Institute Of Life Sciences Ils 2, Singleton Park.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 11
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 3 years
-
Resident of United Kingdom
-
Individual
- 4 years
- 14
-
Resident of United Kingdom
-
Individual
- 25 years
- 8
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one month ago.
Last news
-
Confirmation statement made on 2026-01-05 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2024-12-31Download 7 pages pdf report
-
Previous accounting period shortened from 2024-12-28 to 2024-12-27Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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Similar importers
Exporter profile by HS codes
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Last exported products
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FAQ about Evolve Resources Ltd
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