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Company No. 06078945 · Incorporated 1 Feb 2007

Evolve Norse Limited

Registered name: EVOLVE NORSE LIMITED

Part of Norfolk County Council group

Evolve Norse Limited made £3m revenue and £464k profit in the year to 31 Mar 2025.

Evolve Norse Limited’s revenue fell 1% to £3m in the year to 31 Mar 2025, with £464k profit and 17 employees. The company is classified under “architectural activities” and is based in Norwich; we hold 3 years of its filed accounts.

Full P&L filedSIC 71111Architectural activities
Status
Active
Location
Norwich
Age
19 yrs · since 2007
Type
Private Limited Company
Latest accounts · year to 31 Mar 2025

Key figures

Revenue
£3m
Growth ▼1.1%
Profit
£464k
Growth ▲129.7%
Profit margin
15.7%
Gross 31%
Employees
17
Change ▲13.3%
Profit / employee
£27.3k
Revenue/employee £174k
Profitable streak
2yrs
Consecutive profitable years in our data
3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£3.6m£3m£3m
Cost of sales−£3.1m−£2.1m−£2m
Gross profit£525k£932k£917k
Operating profit−£395k£265k£676k
Profit before tax−£402k£203k£613k
Profit after tax−£364k£202k£464k
Profit (best available)−£364k£202k£464k
Employees (average)181517
Ratios
Profit margin−10.1%6.8%15.7%
Gross margin14.5%31.2%31%
Revenue per employee£201k£199k£174k
Profit per employee−£20.2k£13.5k£27.3k
Growth (year on year)
Revenue growth—▼17.3%▼1.1%
Profit growth——▲129.7%
Headcount growth—▼16.7%▲13.3%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Jan 2025Accounts · bulk data Jan 2025Accounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
15.7%
Profit ÷ revenue.
Gross margin
31%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£174k
Revenue ÷ average employees.
Profit per employee
£27.3k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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
—
Now —
Cash at bank
—
Now —
Headcount
▲13%
Now 17
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Norfolk County Council (registered outside the UK register)ultimate parent75–100%
  2. Norse Group Limited75–100%
  3. Norse Commercial Services Limited75–100%
  4. Evolve Norse Limitedthis company

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

Sister companies (26)

Minority corporate shareholders

  • London Borough Of Waltham Forest (registered outside the UK register)

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

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2025 (profit £464k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 15 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.