Evolve Shopfitting Ltd

Evolve Shopfitting Ltd from Birmingham, UK, is a small, active company founded fifteen years ago in 2009. With eight employees and £1,447,272 in assets, it’s a real address operation managed by a single director and owner, Ford Nigel Richard. The company is an irregular importer, primarily bringing in textile products, used clothing, and rags – just one month of import activity was recorded as of March 2022.

The business operates in the building completion and finishing industries, offering services like shopfitting and interior construction. While a website isn's available, its activities suggest a focus on commercial spaces, likely serving local businesses in the Birmingham area. It’s a solo founder operation, which is quite impressive.

Financially, Evolve Shopfitting Ltd shows a positive trend. Current assets increased by a substantial 59%, reaching £1.4 million, while net assets grew by 48% to £540,000. Cash reserves saw a significant boost, rising 160% to £610,000. Creditors decreased by 68%, which is good, and trade debtors increased by 35%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, and the increased cash reserves suggest improved financial health. The accounts are unaudited, but the firm's accountants, Langard Lifford Hall Limited, prepared the financial statements. Depreciation rate used for property plant equipment is zero, which is a little odd. It's a good sign that the company is growing, but it will be interesting to see if it can maintain this momentum.

Registered in England/Wales under the registration number 07004761, with a registered address at B6 7DB, England, Birmingham, West Midlands, Unit 36 Birch Road East, Witton.

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