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.
- 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.”
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 | No P&L | No P&L | Full P&Lread from filing text | Full 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) | 1 | 1 | 1 | 1 |
| 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 |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Jun 2026 |
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.
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.