Evolution Technical Services Limited
Registered name: EVOLUTION TECHNICAL SERVICES LIMITED
Part of Evolution Technical Services (Group) Limited groupEvolution Technical Services Limited made £10.6m revenue and £421k profit in the year to 31 Mar 2025. read from filing text
Evolution Technical Services Limited’s revenue fell 12% to £10.6m in the year to 31 Mar 2025, with £421k profit and 70 employees. The company is classified under “electrical installation” and is based in Elland; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Elland, Yorkshire and The Humber
- Age
- 23 yrs · since 2003
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £12m | £12m | £10.6m |
| Cost of sales | £9m | £8.4m | £7.6m |
| Gross profit | £3m | £3.6m | £2.9m |
| Operating profit | £815k | £812k | £421k |
| Profit before tax | £807k | £830k | £510k |
| Profit after tax | £654k | £740k | £421k |
| Profit (best available) | £654k | £740k | £421k |
| Staff costs | £3.2m | £3.2m | £3.3m |
| Employees (average) | 81 | 72 | 70 |
| Ratios | |||
| Profit margin | 5.4% | 6.2% | 4% |
| Gross margin | 25.4% | 30% | 27.9% |
| Revenue per employee | £148k | £167k | £151k |
| Profit per employee | £8.1k | £10.3k | £6k |
| Growth (year on year) | |||
| Revenue growth | — | ▲0.1% | ▼12% |
| Profit growth | — | ▲13.3% | ▼43.2% |
| Headcount growth | — | ▼11.1% | ▼2.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.2m | £1.9m | £455k |
| Net assets | £1.8m | £2.4m | £2.5m |
| Fixed assets | £530k | £742k | £1.3m |
| Current assets | £5.3m | £4.9m | £5.2m |
| Debtors | £3.2m | £2.3m | £2.5m |
| Deferred income | £1.1m | £831k | £862k |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 4%
- Profit ÷ revenue.
- Gross margin
- 27.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £151k
- Revenue ÷ average employees.
- Profit per employee
- £6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 12.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 8.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 23.3%
- 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
- ▲5%
- Now £2.5m
- Cash at bank
- ▼76%
- Now £455k
- Headcount
- ▼3%
- Now 70
- Deferred income
- ▲4%
- Now £862k
- Fixed assets
- ▲74%
- Now £1.3m
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 Technical Services (Group) Limitedultimate parent75–100%
- Evolution Technical Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- S. R. Black Plumbing and Heating LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £421k), from the Companies House accounts bulk data published Dec 2025. 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.