Evolution Technology Solutions Ltd
Registered name: EVOLUTION TECHNOLOGY SOLUTIONS LTD
Part of Evolution Recruitment Solutions Holdings Limited groupEvolution Technology Solutions Ltd made £33.5m revenue and £1.3m profit in the year to 31 Dec 2025. read from filing text
Evolution Technology Solutions Ltd’s revenue fell 5% to £33.5m in the year to 31 Dec 2025, with £1.3m profit and 73 employees. The company is classified under “other activities of employment placement agencies” and is based in Warrington; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Warrington, North West
- Age
- 26 yrs · since 2000
- 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. From the filing: “The immediate and ultimate parent undertaking is Evolution Recruitment Solutions Holdings Limited, a company incorporated and registered in England and Wales. This is the smallest and largest group in”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £45.5m | £47.8m | £35.2m | £33.5m |
| Cost of sales | £34m | £37.3m | £28m | £26.1m |
| Gross profit | £11.6m | £10.5m | £7.1m | £7.4m |
| Operating profit | £2.9m | £1.8m | −£98.3k | — |
| Profit before tax | £2.9m | £1.8m | −£98.3k | £1.7m |
| Profit after tax | £2.1m | £1.4m | −£13.9k | £1.3m |
| Profit (best available) | £2.1m | £1.4m | −£13.9k | £1.3m |
| Staff costs | £7.5m | £7.2m | £6.6m | £5.9m |
| Employees (average) | 113 | 114 | 97 | 73 |
| Ratios | ||||
| Profit margin | 4.7% | 2.8% | 0% | 3.9% |
| Gross margin | 25.4% | 21.9% | 20.3% | 22% |
| Revenue per employee | £403k | £419k | £363k | £459k |
| Profit per employee | £18.8k | £11.9k | −£143 | £17.8k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲5.1% | ▼26.5% | ▼4.8% |
| Profit growth | — | ▼36.1% | ▼101% | — |
| Headcount growth | — | ▲0.9% | ▼14.9% | ▼24.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.6m | £4.3m | £3.3m | £3.9m |
| Net assets | £5.6m | £6.3m | £6.1m | £6.7m |
| Fixed assets | £345k | £325k | £162k | £74.8k |
| Current assets | £13.3m | £14.8m | £13m | £12.4m |
| Debtors | £8.4m | £6.1m | £3.8m | £2.4m |
| Deferred income | £1.9m | £1.9m | £2.5m | £2.7m |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 3.9%
- Profit ÷ revenue.
- Gross margin
- 22%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £459k
- Revenue ÷ average employees.
- Profit per employee
- £17.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 7.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.1%
- Money owed by customers. Low = customers pay quickly.
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
- ▲9%
- Now £6.7m
- Cash at bank
- ▲17%
- Now £3.9m
- Headcount
- ▼25%
- Now 73
- Deferred income
- ▲7%
- Now £2.7m
- Fixed assets
- ▼54%
- Now £74.8k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Evolution Recruitment Solutions Holdings Limitedultimate parent75–100%
- Evolution Technology Solutions Ltdthis 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).
Similar profitable businesses
- Azebra Group LtdExeter · Other activities of employment placement agencies
- Revenue
- £33.1m
- Profit
- £26.4k
- Staff
- 2,292
- Omni Resource Management Solutions LimitedAltrincham · Other activities of employment placement agencies
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- Profit
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- Idpp Consulting LimitedLondon · Other activities of employment placement agencies
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- Profit
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- Staff
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- Tria Recruitment LimitedBristol · Other activities of employment placement agencies
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- £31.2m
- Profit
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- Staff
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- Gleeson Recruitment LtdBirmingham · Other activities of employment placement agencies
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- £31m
- Profit
- £1.3m
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- Shilton Sharpe Quarry LimitedLondon · Other activities of employment placement agencies
- Revenue
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- Profit
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.3m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.