EVOLV ENERGY LTD

Executive Summary

EVOLV ENERGY LTD is a newly incorporated dormant company with a clean financial slate and no operational activity to date. Its financial position is stable with no liabilities and full compliance with reporting requirements, indicating a healthy foundation. Moving forward, the company should focus on building cash flow plans, maintaining compliance, and preparing governance and financial controls to support successful business commencement and growth.

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Company Analysis

This analysis is opinion only and should not be interpreted as financial advice.

EVOLV ENERGY LTD - Analysis Report

Company Number: 15435570

Analysis Date: 2025-07-29 17:09 UTC

Financial Health Assessment for EVOLV ENERGY LTD as of 31 January 2025


1. Financial Health Score: A

Explanation:
EVOLV ENERGY LTD is a newly incorporated dormant company with minimal financial activity. Its financial "vital signs" show a stable but very early-stage position. The company has a clean slate with no liabilities, positive net assets equal to its share capital, and healthy compliance with filing deadlines. This warrants an “A” grade, reflecting a sound foundational status with no current distress signals.


2. Key Vital Signs

Metric Value Interpretation
Company Status Active The company is currently active and operating legally.
Account Category Dormant No significant financial transactions during the reported year; no trading activity.
Cash at Bank £100 Minimal cash reserves reflecting start-up phase; no operating cash flow activity yet.
Net Assets £100 Equal to share capital; no debt or accumulated profits/losses.
Shareholders' Funds £100 Fully funded by the owner; no external financing or retained earnings yet.
Filing Status Up to date No overdue returns or accounts; good compliance with Companies House deadlines.
Director Control Single director/owner controls 75-100% shares and voting rights Clear control structure with no governance complexity or shareholder disputes.
Industry Classification Plumbing, heat and air-conditioning installation (SIC 43220) Sector identification suggests future business operations in installation services.

3. Diagnosis: What the Financial Data Reveals About Business Health

EVOLV ENERGY LTD is in the very early stages of its business lifecycle—specifically, the incorporation and dormancy phase. The company has yet to commence trading or generate operating revenues, expenses, or profits. The minimal cash balance and net assets reflect the initial paid-up capital £100 from the sole shareholder.

There are no signs of financial distress such as liabilities, overdue filings, or negative net assets. The company's clean balance sheet and dormancy status mean it is “asymptomatic” financially—there are no symptoms of distress, but no signs of active financial vitality either.

The director’s sole ownership and control provide governance simplicity but also concentration risk if the business begins trading without additional oversight.


4. Recommendations: Specific Actions to Improve Financial Wellness

  • Commence Trading with Cash Flow Planning: Before starting operations, prepare a detailed cash flow forecast to ensure sufficient working capital and avoid liquidity issues. Healthy cash flow is critical once trading begins.

  • Maintain Regulatory Compliance: Continue timely filing of accounts and confirmation statements to avoid penalties or reputational damage.

  • Prepare for Financing Needs: If the business plans to grow, consider raising additional capital or securing credit facilities to fund operational expenses and expansion.

  • Implement Basic Financial Controls: Even in early stages, establish bookkeeping and accounting practices to track income, expenses, and assets accurately.

  • Governance Considerations: If the business scales, consider appointing additional directors or advisors to diversify oversight and reduce concentration risk.

  • Monitor Industry Trends: As the company operates in plumbing and HVAC installation, keep abreast of market demand, regulatory changes, and competitive landscape to position for growth.



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