Evove Ltd

Evove Ltd from Widnes UK is a small, active company founded nine years ago in December 2015. With 24 employees and £4,680,858 in assets, it operates from a real address at Unit 7 Shell Green. The company has five directors, but surprisingly, no owners are officially reported – likely one of the directors holds the shares. Evove Ltd is a regular importer of machinery, boilers, and mechanical appliances, parts, with 34 months of import activity recorded, the latest in February 2025.

The company’s website, Transform Membranes Separation Filtration, paints a picture of a business focused on precision membrane technology. Evove envisions a future where membranes underpin circular economies, recycling water and harvesting resources. Their Enhance and Separonics product lines aim to overcome flaws in conventional architectures, offering high flux rates and energy-efficient filtration. They support markets including lithium, green hydrogen, desalination, food & beverage, wastewater, and actively seek partnerships. The site also highlights awards and encourages newsletter subscriptions. Contact information is readily available, including a UK phone number.

Financially, Evove Ltd presents a mixed picture. While current assets grew by 18% to £4,700,000, net assets increased by 34% to £7,500,000. However, retained earnings and accumulated losses dropped significantly by 69%, indicating potential losses or reinvestment. Bank borrowings increased by 100%, reaching £170,000, and cash reserves rose by 11% to £3,700,000. Trade creditors increased by 200%, suggesting a reliance on supplier credit. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it is exempt from an audit, so the financial information is unaudited.

The surge in liabilities alongside a decrease in retained earnings suggests Evove Ltd may be burning through cash to fuel growth, but the increase in assets indicates successful operations. The lack of a named auditor is common for small companies, but the financial data should be reviewed with caution.

Registered in England/Wales under the registration number 09926428, with a registered address at WA8 0GW, England, Widnes, Unit 7 Shell Green.

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