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Company No. 11865494 · Incorporated 7 Mar 2019

Evoluteiq Limited

Registered name: EVOLUTEIQ LIMITED

Evoluteiq Limited made £12.7m revenue and a £2.8m loss in the year to 31 Dec 2025. read from filing text

Evoluteiq Limited’s revenue grew 17% to £12.7m in the year to 31 Dec 2025, with a loss of £2.8m and 1 employee. The company is classified under “information technology consultancy activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities
Status
Active
Location
London, London
Age
7 yrs · since 2019
Type
Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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 parent company is EvoluteIQ AB, registered in Sweden. There is no single controlling party.”

Latest accounts · year to 31 Dec 2025

Key figures

Small team
Revenue
£12.7m
Growth ▲16.7%
Profit
−£2.8m
Growth —
Profit margin
−22%
Gross 91.6%
Employees
1
Change 0%
Profit / employee
−£2.8m
Revenue/employee £12.7m
Profitable streak
0yrs
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 to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureNo P&LNo P&LFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)——£10.9m£12.7m
Cost of sales——£664k£1.1m
Gross profit——£10.3m£11.7m
Operating profit——−£501k−£3.1m
Profit before tax——−£949k−£4m
Profit after tax——−£1.2m−£2.8m
Profit (best available)——−£1.2m−£2.8m
Staff costs——£866k£1.3m
Employees (average)1111
Ratios
Profit margin——−11.2%−22%
Gross margin——93.9%91.6%
Revenue per employee——£10.9m£12.7m
Profit per employee——−£1.2m−£2.8m
Growth (year on year)
Revenue growth———▲16.7%
Headcount growth—0%0%0%
Balance sheet — indirect signals, not revenue
Cash at bank£459k£169k£432k£1.4m
Net assets£296k£299k−£482k−£4.3m
Fixed assets—£3.3m£5.4m£8m
Current assets£1.4m£2.5m£5.3m£9.2m
Debtors£892k£1.6m£3.5m£4.7m
Deferred income£391k£457k£1.2m£2.6m
SourceFullAccounts · bulk data May 2024FullAccounts · bulk data May 2024FullAccounts · bulk data Mar 2025FullAccounts · bulk data Jun 2026
Derived from the latest filing

How the business works

Profit margin
−22%
Profit ÷ revenue.
Gross margin
91.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£12.7m
Revenue ÷ average employees.
Profit per employee
−£2.8m
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
62.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
20.8%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
36.5%
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
—
Now −£4.3m
Cash at bank
▲216%
Now £1.4m
Headcount
0%
Now 1
Deferred income
▲112%
Now £2.6m
Fixed assets
▲48%
Now £8m

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

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Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£2.8m), from the Companies House accounts bulk data published Jun 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.