REPORT
Date: 23/04/2007  Time: 11:29 
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EVOLUTION EXPORT TRADING LIMITED

officers

  secretary
  
stakeholder id:
 16673212
name:
 LONDON REGISTRARS LIMITED
  director
  
stakeholder id:
 16091410
name:
 EDWARD BUXTON

company identification

name:
 EVOLUTION EXPORT TRADING LIMITED
number:
 04745408
reg office address1:
 6 FULHAM BUSINESS EXCHANGE
reg office address2:
 IMPERIAL WHARF
reg office address3:
 LONDON
reg office address4:
 SW6 2TL
reg office address5:
reg office postcode:
 SW6 2TL
trading address1:
trading address2:
trading address3:
trading address4:
trading address5:
trading address postcode:
telephone:
bankers:
sort code:
type of accounts:
 Full Accounts
incorporation date:
 2003-04-25
date accounts lodged:
 2006-04-11
latest filed account date:
 2005-03-31
date of analysed accounts:
 2005-03-31
latest filed annual return date:
 2006-04-25
date of analysed annual return:
 2006-04-25
accounts reference date:
 03-31
issued capital:
 2.00
issued capital currency:
 £
company type:
 Large
company type2:
 Private Limited with share capital
company type3:
 English/Welsh companies incorporated under part 1 of the Companies Act
principal activities:
 The wholesale of mobile phones. Commenced trading March 2004.
region:
 CENTRAL LONDON
  sic
  
code:
 51180
description:
 Agents specialising in the sale of particular products or ranges of products not elsewhere
auditors:
 Parker Cavendish
  previous address
  
address:
 26-28 HAMMERSMITH GROVE, LONDON, W6 7BA, W6 7BA

credit decision

message:
  limit
  
todays:
 0
previous:
 0
until:
 19/12/2006
  score
  
todays:
 17
previous:
 16
until:
 19/12/2006
  score band limits
  
lower:
 0
upper:
 35
definition:
 Caution. High Risk Potential.
colour:
 red
  score band limits
  
lower:
 36
upper:
 50
definition:
 Caution. Moderate Risk Potential. Measured Exposure.
colour:
 orange
  score band limits
  
lower:
 51
upper:
 60
definition:
 Normal. Limited Risk Potential. Normal Terms.
colour:
 yellow
  score band limits
  
lower:
 61
upper:
 100
definition:
 Confidence. Low Risk Potential.
colour:
 green
  currency
  
todays:
 GBP
previous:
 GBP
until:
 19/12/2006
todays contract limit:
 800000
winding up petition flag:
 N
insolvency description:
 No
audit qualification:
 The Auditors have expressed a clean opinion (i.e. unqualified with no referrals) on the accounts for the period ended 31/03/2005.
  trend
  
date:
 31/03/2005
score:
 43
limit:
 33000
currency:
 £
  trend
  
date:
 31/03/2004
score:
 30
limit:
 18000
currency:
 £

ccjs

number:
 3
total:
 21198.00
  details
  
date:
 2006-12-15
amount:
 20894.00
court:
 WALSALL
case number:
 6WJ84463
against:
 EVOLUTION EXPORT TRADING LIMITED <, R/O 6 FULHAM BUSINESS EXCHANGE, IMPERIAL WHARF, LONDON, SW6 2TL
ref number:
 1812693429
satisfied flag:
 N
  details
  
date:
 2006-07-13
amount:
 192.00
court:
 NORTHAMPTON CCBC
case number:
 6XH11368
against:
 EVOLUTION EXPORT TRADING LIMITED <, 6 FULHAM BUSNS EXCHANGE, IMPERIAL WHARF, LONDON, SW6 2TL
ref number:
 1407695397
satisfied flag:
 N
  details
  
date:
 2006-04-27
amount:
 112.00
court:
 NORTHAMPTON CCBC
case number:
 6XH06382
against:
 EVOLUTION EXPORT TRADING LIMITED <, 6 FULHAM BUSNS EXCHANGE, IMPERIAL WHARF, LONDON, SW6 2TL
ref number:
 2804693031
satisfied flag:
 N
number:
 0
total:
 0
number:
 0
total:
 0

financials

  header
  
date of accounts:
 2005-03-31
consolidated:
 N
subsidiary:
 N
no of weeks:
 52
currency:
 GBP
  profit and loss
  
audit qualification:
 No
turnover:
 32193000
cost of sales:
 31119000
gross profit:
 1074000
operating profit:
 790000
non trading income:
 3000
interest payable:
 1000
pretax profit:
 792000
taxation:
 267000
profit after tax:
 525000
dividends:
 0
retained profit:
 525000
value added:
  balance sheet
  
tangible fixed assets:
 55000
intangible fixed assets:
 0
total fixed assets:
 55000
stocks:
 0
trade debtors:
 0
cash:
 310000
misc current assets:
 729000
total current assets:
 1039000
total current liabilities:
 461000
total assets - current liabilities:
 633000
total long term liabilities:
 0
total liabilities:
 461000
share capital and reserves:
 0
profit and loss account reserves:
 633000
revaluation reserve:
 0
shareholders funds:
 633000
capital employed:
 633000
net worth:
 633000
working capital:
 578000
contingent liabilities:
 0
  cash flow
  
cashflow from operating activities:
cashflow from return of investment and servicing of finance:
cashflow before financing:
cashflow from financing:
increase in cash:
  notes
  
exports:
 22857000
employees remuneration:
directors remuneration:
audit fees:
 9000
non audit fees:
 0
depreciation:
 17000
number of employees:
fixed assets:
 55000
intermediate assets:
 0
due from group non current:
 0
due from group current:
 0
trade creditors:
 136000
bank overdraft:
 0
misc current liabilities:
 325000
current bank loans:
 0
other short term finance:
 1000
due to group current:
 0
due to directors current:
 1000
other current liabilities:
 324000
short term loans:
 1000
long term loans:
 0
long term bank loans:
 0
other long term finance:
 0
due to group non current:
 0
due to directors non current:
 0
other long term liabilities:
 0
called up share capital:
 0
sundry reserves:
 0

financials

  header
  
date of accounts:
 2004-03-31
consolidated:
 N
subsidiary:
 N
no of weeks:
 4
currency:
 GBP
  profit and loss
  
audit qualification:
 No
turnover:
 3195000
cost of sales:
 3009000
gross profit:
 186000
operating profit:
 155000
non trading income:
 0
interest payable:
 0
pretax profit:
 155000
taxation:
 47000
profit after tax:
 108000
dividends:
 0
retained profit:
 108000
value added:
  balance sheet
  
tangible fixed assets:
 0
intangible fixed assets:
 0
total fixed assets:
 0
stocks:
 0
trade debtors:
 1703000
cash:
 114000
misc current assets:
 527000
total current assets:
 2344000
total current liabilities:
 2236000
total assets - current liabilities:
 108000
total long term liabilities:
 0
total liabilities:
 2236000
share capital and reserves:
 0
profit and loss account reserves:
 108000
revaluation reserve:
 0
shareholders funds:
 108000
capital employed:
 108000
net worth:
 108000
working capital:
 108000
contingent liabilities:
 0
  cash flow
  
cashflow from operating activities:
cashflow from return of investment and servicing of finance:
cashflow before financing:
cashflow from financing:
increase in cash:
  notes
  
exports:
 3195000
employees remuneration:
directors remuneration:
audit fees:
 2000
non audit fees:
 0
depreciation:
 0
number of employees:
fixed assets:
 0
intermediate assets:
 0
due from group non current:
 0
due from group current:
 0
trade creditors:
 1710000
bank overdraft:
 0
misc current liabilities:
 526000
current bank loans:
 0
other short term finance:
 450000
due to group current:
 0
due to directors current:
 450000
other current liabilities:
 76000
short term loans:
 450000
long term loans:
 0
long term bank loans:
 0
other long term finance:
 0
due to group non current:
 0
due to directors non current:
 0
other long term liabilities:
 0
called up share capital:
 0
sundry reserves:
 0

ratios

message:
 This comparison is based on the results of 3002 companies in the same industrial sector: 51180 Agents specialising in the sale of particular products or ranges of products not elsewhere
  ratio
  
year:
 2005-03-31
currency:
 £
acid ratio:
 2.25
profit capital employed:
 125.12
current liquidity:
 2.25
profit sales percentage:
 2.46
interest burden:
 0.13
stock turnover:
 0.00
DSO:
 0.00
cash cycle:
 0.00
DPO:
 1.60
creditor days:
 1.54
profit total assets:
 72.39
profit shareholders funds:
 125.12
sales total assets:
 2942.69
sales fixed assets:
 585.33
working capital sales:
 1.80
total debt net worth:
 0.16
shareholders funds total assets:
 0.58
long term debt net worth:
 0.00
interest pre interest profit:
 0.13
total debt working capital:
 0.00
average employee remuneration:
wages sales:
profit per employee:
sales per employee:
capital employed per employee:
total fixed assets per employee:
total assets per employee:
creditors debtors:
debtors total assets:
 0.00
current liabilities stocks:
exports sales:
 71.00
sales audit fees:
 3577.00
total assets audit fees:
 121.56
  ratio
  
year:
 2004-03-31
currency:
 £
acid ratio:
 1.05
profit capital employed:
 1865.74
current liquidity:
 1.05
profit sales percentage:
 4.85
interest burden:
 0.00
stock turnover:
 0.00
DSO:
 14.97
cash cycle:
 14.97
DPO:
 15.96
creditor days:
 15.03
profit total assets:
 85.96
profit shareholders funds:
 1865.74
sales total assets:
 1771.97
sales fixed assets:
working capital sales:
 0.26
total debt net worth:
 416.67
shareholders funds total assets:
 0.05
long term debt net worth:
 0.00
interest pre interest profit:
 0.00
total debt working capital:
 4.17
average employee remuneration:
wages sales:
profit per employee:
sales per employee:
capital employed per employee:
total fixed assets per employee:
total assets per employee:
creditors debtors:
 1.00
debtors total assets:
 72.65
current liabilities stocks:
exports sales:
 100.00
sales audit fees:
 20767.50
total assets audit fees:
 1172.00
  quartile
  
acid ratio:
 0.46
profit capital employed:
 8.07
current liquidity:
 0.75
profit sales:
 0.00
interest burden:
 1.35
stock turnover:
 121
DSO:
 67.57
cash cycle:
 97.17
DPO:
 132.76
creditor days:
 40.47
profit total assets:
 -0.52
profit shareholders funds:
 13.62
sales total assets:
 99.09
sales fixed assets:
 25.16
working capital sales:
 24.31
total debt net worth:
 131.54
shareholders funds total assets:
 0.11
long term debt net worth:
 0.00
interest pre interest profit:
 1.35
total debt working capital:
 1.32
average employee remuneration:
 17000.00
wages sales:
 40.33
profit per employee:
 0.00
sales per employee:
 60833.33
capital employed per employee:
 3100.38
total fixed assets per employee:
 0.00
total assets per employee:
 27800.00
creditors debtors:
 0.65
debtors total assets:
 1.57
current liabilities stocks:
 1.65
exports sales:
 0.00
sales audit fees:
 220.77
total assets audit fees:
 119.00
  quartile
  
acid ratio:
 0.98
profit capital employed:
 45.92
current liquidity:
 1.10
profit sales:
 4.80
interest burden:
 0.00
stock turnover:
 52
DSO:
 20.40
cash cycle:
 35.83
DPO:
 55.69
creditor days:
 7.71
profit total assets:
 10.03
profit shareholders funds:
 56.50
sales total assets:
 210.92
sales fixed assets:
 73.71
working capital sales:
 5.26
total debt net worth:
 3.64
shareholders funds total assets:
 0.30
long term debt net worth:
 0.00
interest pre interest profit:
 0.00
total debt working capital:
 0.04
average employee remuneration:
 33000.00
wages sales:
 18.49
profit per employee:
 9000.00
sales per employee:
 133141.73
capital employed per employee:
 24000.00
total fixed assets per employee:
 2285.71
total assets per employee:
 106857.14
creditors debtors:
 1.25
debtors total assets:
 26.67
current liabilities stocks:
 3.15
exports sales:
 0.00
sales audit fees:
 533.25
total assets audit fees:
 281.90
  quartile
  
acid ratio:
 1.51
profit capital employed:
 107.32
current liquidity:
 1.77
profit sales:
 19.11
interest burden:
 0.00
stock turnover:
 15
DSO:
 0.00
cash cycle:
 0.00
DPO:
 18.32
creditor days:
 0.00
profit total assets:
 37.61
profit shareholders funds:
 121.00
sales total assets:
 385.50
sales fixed assets:
 290.52
working capital sales:
 -1.88
total debt net worth:
 0.00
shareholders funds total assets:
 0.57
long term debt net worth:
 0.00
interest pre interest profit:
 0.00
total debt working capital:
 0.00
average employee remuneration:
 48333.33
wages sales:
 5.78
profit per employee:
 34750.00
sales per employee:
 585000.00
capital employed per employee:
 97838.71
total fixed assets per employee:
 11500.00
total assets per employee:
 337666.67
creditors debtors:
 2.57
debtors total assets:
 55.89
current liabilities stocks:
 8.23
exports sales:
 33.78
sales audit fees:
 1337.11
total assets audit fees:
 717.00

growths

period:
 1
sales:
 -292.4
pretax profit:
 -789.0
audit fees:
 350.0
directors remuneration:
number of employees:
employees remuneration:
fixed assets:
tangible assets:
total fixed assets:
stocks:
trade debtors:
 -100.0
total current assets:
 -55.7
total assets:
 -53.3
trade creditors:
 -92.0
short term loans:
 -99.8
total current liabilities:
 -79.4
net cash:
 171.9
shareholders funds:
 486.1
net worth:
 486.1
long term loans:
long term liabilities:
capital employed:
 486.1

filing history

date:
 2005-04-08
description:
 Alteration in memorandum or articles of association

filing history

date:
 2005-04-08
description:
 Change among the directors of a company

commentary

commentary not available message:
headline:
 Adverse CCJ History Identified.
headline:
 Abnormal Filing History Identified.
headline:
 Reported Annualised Sales Down.
headline:
 Reported Annualised Pre-Tax Profits Down.
headline:
 Net Worth Up.
headline:
 Profit Margin Down.
headline:
 Latest Profit Margin Below The Industry Average.
headline:
 Reported Assets Down.
comment:
 The score has been revised to reflect adverse information re CCJs. For further details please refer to the full list.
comment:
 Based on standard Companies House filing requirements the latest and previous accounts were both late in being filed.
comment:
 The company has been established for more than 3 years.
comment:
 Please note that companies of this age have historically proven to be more at risk of insolvency than longer established companies.
comment:
 The period to 31/03/2005 saw a very significant decrease in Annualised Sales from £41,535,000 to £32,193,000.
comment:
 Annualised Pre-Tax Profits decreased from £2,015,000 to £792,000.
comment:
 The resultant Profit Margin of 2.46% (previous = 4.85%) compares unfavourably with the industry average of 4.80%.
comment:
 Shareholders Funds increased from £108,000 to £633,000, whilst Total Assets decreased from £2,344,000 to £1,094,000.
comment:
 The resultant Gearing Ratio of 0.58 (Previous = 0.05) compares favourably with the industry average of 0.30.
comment:
 This company operates in a sector which has historically generated a similar level of insolvency relative to the total population.

ownership

  holding company
  
uhc name:
uhc number:
uhc score:
uhc uk company flag:
 false
hc name:
hc number:
hc score:
hc uk company flag:
 false