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Company No. 01791754 · Incorporated 15 Feb 1984

Evadx Limited

Registered name: EVADX LIMITED

Part of Adams Holdings (N. Wales) Limited group

Evadx Limited made £7.4m revenue and £565k profit in the year to 30 Nov 2025.

Evadx Limited’s revenue fell 43% to £7.4m in the year to 30 Nov 2025, with £565k profit and 41 employees. The company is classified under “manufacture of metal structures and parts of structures” and is based in Clwyd; we hold 4 years of its filed accounts.

Status
Active
Location
Clwyd, Wales
Age
42 yrs · since 1984
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 30 Nov 2025

Key figures

Capital-lightCash flow filed
Revenue
£7.4m
Growth ▼43.1%
Profit
£565k
Growth ▲2.3%
Profit margin
7.7%
Gross 21%
Employees
41
Change ▼4.7%
Profit / employee
£13.8k
Revenue/employee £180k
Profitable streak
4yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Nov 202230 Nov 202330 Nov 202430 Nov 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£15.1m£10.8m£12.9m£7.4m
Cost of sales£13.3m£8m£11m£5.8m
Gross profit£1.8m£2.8m£1.9m£1.5m
Operating profit£898k£1.8m£703k£320k
Profit before tax£872k£1.8m£723k£336k
Profit after tax£716k£1.8m£552k£565k
Profit (best available)£716k£1.8m£552k£565k
Staff costs£1.5m£1.5m£1.5m£1.6m
Employees (average)53434341
Ratios
Profit margin4.8%16.6%4.3%7.7%
Gross margin11.7%26%14.9%21%
Revenue per employee£284k£251k£301k£180k
Profit per employee£13.5k£41.7k£12.8k£13.8k
Cash conversion−120.2%−120.7%−18.2%−195.8%
Growth (year on year)
Revenue growth—▼28.3%▲19.9%▼43.1%
Profit growth—▲150.4%▼69.2%▲2.3%
Headcount growth—▼18.9%0%▼4.7%
Balance sheet — indirect signals, not revenue
Cash at bank£1.3m£2.4m£1.9m£2.2m
Net assets£1.5m£2.6m£2.7m£2.8m
Fixed assets£98k£80.7k£63.4k£51.4k
Current assets£3.9m£4.9m£5m£4.3m
Debtors£565k£389k£707k£773k
Deferred income—£121k£99.6k£82k
Cash from operations−£1.1m−£2.2m−£128k−£627k
SourceFullAccounts · bulk data Aug 2024FullAccounts · bulk data Aug 2024FullAccounts · bulk data Aug 2025FullAccounts · bulk data Aug 2026
Derived from the latest filing

How the business works

Profit margin
7.7%
Profit ÷ revenue.
Gross margin
21%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£180k
Revenue ÷ average employees.
Profit per employee
£13.8k
Profit ÷ average employees.
Cash conversion
−195.8%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
10.5%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▲5%
Now £2.8m
Cash at bank
▲15%
Now £2.2m
Headcount
▼5%
Now 41
Deferred income
▼18%
Now £82k
Fixed assets
▼19%
Now £51.4k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Adams Holdings (N. Wales) Limitedultimate parent75–100%
  2. Evadx Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £565k), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.

Updated from Companies House on 16 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.