Evolvx Ltd
Registered name: EVOLVX LTD
Evolvx Ltd made £131k revenue and £1.8k profit in the year to 31 Oct 2024.
Evolvx Ltd’s revenue fell 42% to £131k in the year to 31 Oct 2024, with £1.8k profit and 6 employees. The company is classified under “other service activities” and is based in Cardiff; we hold 4 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Cardiff, Wales
- Age
- 6 yrs · since 2019
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2021 | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £201k | £269k | £228k | £131k |
| Cost of sales | £110k | £101k | £72.7k | £77.2k |
| Gross profit | £91.3k | £168k | £155k | £54.2k |
| Operating profit | −£4k | £45.5k | £4k | £1.8k |
| Profit before tax | −£4k | £45.5k | £4k | £1.8k |
| Profit after tax | −£4k | £36.9k | £3.2k | £1.8k |
| Profit (best available) | −£4k | £36.9k | £3.2k | £1.8k |
| Employees (average) | 3 | 4 | 5 | 6 |
| Ratios | ||||
| Profit margin | −2% | 13.7% | 1.4% | 1.3% |
| Gross margin | 45.4% | 62.5% | 68.1% | 41.2% |
| Revenue per employee | £67k | £67.3k | £45.5k | £21.9k |
| Profit per employee | −£1.3k | £9.2k | £645 | £293 |
| Growth (year on year) | ||||
| Revenue growth | — | ▲33.9% | ▼15.4% | ▼42.3% |
| Profit growth | — | — | ▼91.3% | ▼45.5% |
| Headcount growth | — | ▲33.3% | ▲25% | ▲20% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £33.7k | £15k | £9.4k | £8.9k |
| Net assets | £5.4k | £21.3k | £32.4k | £36.7k |
| Fixed assets | £8.8k | £29.2k | £36.1k | £17.3k |
| Current assets | £48.2k | £43.6k | £34.6k | £19.4k |
| Debtors | £6.5k | £8.8k | £4.3k | £0 |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 1.3%
- Profit ÷ revenue.
- Gross margin
- 41.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £21.9k
- Revenue ÷ average employees.
- Profit per employee
- £293
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 13.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▲13%
- Now £36.7k
- Cash at bank
- ▼5%
- Now £8.9k
- Headcount
- ▲20%
- Now 6
- Deferred income
- —
- Now —
- Fixed assets
- ▼52%
- Now £17.3k
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2024 (profit £1.8k), from the Companies House accounts bulk data published Nov 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.