Evoque Group Limited

Evoque Group Limited, based in Walsall, UK, is a small holding company with an active status, having been founded ten years ago in 2014. Employing eight people, the company holds assets worth £1,170,030 and operates a real address alongside an e-commerce site. It’s managed by three directors and has one owner.

The company’s website reveals a focus on Net Zero waste resale solutions for the insurance industry. Evoque works with major institutions to reduce landfill waste through recycling and salvage resale, specializing in commercial, major loss, plant engineering, and marine cargo. They offer services like Net Zero waste disposal, salvage collection, and sale, aiming to lead the industry in reducing reliance on landfills. The process involves inventory, collection, processing, and resale, with a 30-day sale cycle and a 30% fee on profits. Territories covered include the UK, Channel Islands, and parts of Europe.

Financially, Evoque Group Limited shows a mixed picture. Creditors remained stable at £520,000, while bank borrowings increased significantly by 89% to £77,000. Cash reserves, however, declined by 43% to £55,000. Net assets, though, grew by 70% to £770,000, and current assets jumped 40% to £1,200,000. Trade debtors increased by 100% to £200,000. Equity also saw a substantial rise, increasing by 70% to £770,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increased bank borrowings could indicate a need for funding to support growth. The accounts are unaudited, as is common for small companies.

Registered in England/Wales under the registration number 09151348, with a registered address at WS9 8EX, United Kingdom, Walsall, West Midlands, 7-8 Westgate Trading Estate, Westgate, Aldridge.

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