Evolve Home Energy Solutions Ltd

Evolve Home Energy Solutions Ltd, based in Monmouth, UK, is a small, active company established a decade ago in 2015. Employing 50 people, it holds assets valued at £2,164,027 and operates from a real address within the Wyastone Business Park. The company is managed by two directors and owned by Randle Gary and Simpson Paul Wesley. Boasting a Google rating of 4.0 from 67 reviews, Evolve Home Energy Solutions is a regular importer of electrical machinery and equipment, with five months of import activity recorded.

The company’s website showcases a focus on energy efficiency solutions, particularly insulation and renewable energy technologies. It offers services including cavity wall insulation, boiler replacement, solar panel installation, and air source heat pump systems. Evolve’s website is clearly designed to generate leads and drive sales, with prominent calls to action encouraging visitors to arrange a free home visit or get a solar panel quote. It's not an e-commerce site; instead, it functions as a marketing platform to showcase services and generate customer inquiries.

Financially, Evolve Home Energy Solutions is showing some interesting trends. While the company’s average number of employees has increased significantly, jumping 60% to 80, bank borrowings have decreased by 21%, falling to £650,000. Cash reserves have doubled, reaching £790,000, which is a positive sign. However, net assets have declined by 2.8%, settling at £630,000. Trade debtors have increased dramatically, by 170%, reaching £1,600,000, which could indicate challenges in collecting payments. Creditors have also risen substantially, by 170%, to £1,800,000. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited. It's clear that the company is growing, but managing its debts will be key to its continued success.

Registered in England/Wales under the registration number 09443112, with a registered address at NP44 3FD, Wales, Cwmbran, Penhryn House The Pavilions, Llantarnam Industrial Park.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
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