The Evolve Group (scotland) Limited

The Evolve Group (scotland) Limited, based in Burntisland, UK, is a small, active company established eighteen years ago. Employing thirty-seven people and holding assets of £1,004,534, it operates from a real address and is overseen by four directors and two owners. A Google rating of 4.0 based on thirty-three reviews suggests a positive customer experience. The company regularly imports printed materials like books, newspapers, and pictures—a trend spanning thirteen months—while sporadically exporting paper and paperboard products, with just two months of export activity recorded.

The Evolve Group's website showcases a diverse range of services, primarily focused on signage, print, merchandise, and event support. It operates a print shop and offers services like large format printing, finishing, and creative design. A key aspect of their business is the production and installation of signage, catering to clients seeking external, illuminated, and safety signage. The website also highlights a merchandise and events division, suggesting a broader scope beyond traditional printing. The site's design and layout, while functional, are a little dated, but the emphasis on quality and customer service is clear.

Financially, the company’s performance presents a mixed picture. Current assets have decreased by 17% to £1,000,000, while net assets have plummeted 230% to -£510,000. Bank borrowings have decreased by 37%, while cash reserves increased by 33% to £68,000. Trade creditors have increased by 9.7%, and trade debtors have decreased by 48%. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial equity decline warrants attention. As a small company, it's exempt from an audit, so the financial statements are unaudited.

The company’s significant losses and declining net assets suggest it’s burning through cash, though the increase in cash reserves provides some buffer. The decrease in trade debtors could be a positive sign of improved collections, or it could indicate a slowdown in sales. The company’s future success will likely depend on its ability to generate profits and manage its financial resources effectively, whilst maintaining its reputation for quality signage and print services.

Registered in Scotland under the registration number SC305710, with a registered address at KY3 9AA, Scotland, Burntisland, 87 High Street.

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