EVOLVE DYNAMICS LIMITED

Active
Company number 10489160Private limited companyIncorporated 2016

Key figures

£4,845,300+1,810.1%
Net assets 2024
-2 m02 m4 m6 m2019/202020/212021/2220232024

Like most small UK companies, EVOLVE DYNAMICS LIMITED does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.

Ratios

2024

Sector comparison

SIC 28990

Where the company stands among the 2,796 active companies whose first SIC code is 28990 (Manufacture of other special-purpose machinery n.e.c.).

Net assets£4,845,300
Higher than 91% · median £149,494
Total assets£6,200,706
Higher than 88% · median £429,691
Cash£525,204
Higher than 72% · median £154,615
Employees39
Higher than 92% · median 2
Company age10.0 years
Younger than 71% · median 18.0 years
Largest in this sector by net assets
  1. RANSOMES JACOBSEN LIMITED£112m
  2. ECON ENGINEERING LIMITED£87.5m
  3. PITNEY BOWES LIMITED£84m
  4. MISSION SYSTEMS WIMBORNE LIMITED£83.8m
  5. AKER SOLUTIONS HOLDING LIMITED£83.5m
  6. AKER SOLUTIONS EAME LIMITED£83m
  7. NIFTYLIFT LIMITED£80.3m
  8. PEARSON ENGINEERING LIMITED£56.9m
  9. ROTOLOK (HOLDINGS) LIMITED£51.7m
  10. LINX PRINTING TECHNOLOGIES LIMITED£49.5m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 2,796. The line on each bar marks the median.

Summary: EVOLVE DYNAMICS LIMITED

What kind of company is it?

EVOLVE DYNAMICS LIMITED is a private limited company registered with Companies House under company number 10489160. It was incorporated on 21 Nov 2016. Its status is active. The registered office is in Redhill (RH1). Its nature of business (SIC 2007) is manufacture of other special-purpose machinery n.e.c. (28990).

How is the company doing financially?

The latest accounts in the database are for 2024 (period ending 31 Dec 2024); the company files small company accounts (filleted). Net assets were £4,845,300, up 1,810.1% on the previous year. Cash at bank and in hand was £525,204. The company had an average of 39 employees. Figures are available for 5 financial years (2019/20–2024).

How does it compare with similar companies?

Compared with 2,796 active companies whose first SIC code is 28990: By net assets it ranks higher than 91% of them (median £149,494). By total assets it ranks higher than 88% of them (median £429,691). By cash it ranks higher than 72% of them (median £154,615). By number of employees it ranks higher than 92% of them (median 2). It is younger than 71% of them (median age 18.0 years).

Does it supply the public sector?

The company is named as a supplier in 3 public contract award notices from 3 public sector buyers since 2020. Contracts awarded to it alone have a combined published value of £555k. 1 of the awards is shared with other suppliers, typically framework agreements. It is recorded as the recipient of one central government grant worth £187.4k, from Department for Science, Innovation and Technology.

What do public registers and reports show?

It appears on the Home Office register of licensed sponsors (Skilled Worker). HMRC lists it as an importer of goods, mainly electrical equipment, optical, medical and measuring instruments, leather goods and bags. HMRC lists it as an exporter of goods, mainly electrical equipment, optical, medical and measuring instruments, aircraft.

Who runs and controls the company?

The company has 5 current directors. 1 of 3 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 14 May 2027.

Filed accounts2019/20–2024
2019/202020/212021/2220232024
Cash at bank and in hand15,16060,5101,422,44349,638525,204
Total assets449,038446,4655,434,5142,352,0186,200,706
Total liabilities—————
Net assets / total equity-568,887-1,152,592-1,225,795-283,3304,845,300
Average number of employees1215162439

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Public contracts

3 contracts

EVOLVE DYNAMICS LIMITED is named as a supplier in 3 public contract award notices from 3 public sector buyers since 2020. The 2 contracts awarded to it alone with a published value add up to £555k. 1 award is shared with other suppliers and not counted in that total.

Contracts per year
Main buyers3
Ministry of Defence
1 contract · £520k
Staffordshire Police
1 contract · £35k
YPO
1 contract
Contracts
  1. Purchase of Tethered Un-Crewed Air Systems and Integrated Payloads‡Ministry of Defence · £520,000
  2. Provision of a Unmanned Aerial Vehicle (Drone)Staffordshire Police · £35,000
  3. YPO - 000992 Drones (UAVs) and Associated Products & Services for The Emergency Services and Blue Light‡YPO · shared by 13 suppliers, up to £8,000,000 in total

From contract award notices on Contracts Finder (since 2016) and Find a Tender (since 2021), published by the Cabinet Office under the Open Government Licence v3.0. Values are as published by the buyer and usually cover the whole contract term; the total leaves out awards shared between several suppliers, where the published figure is a ceiling for all of them, placeholder values and single figures of £1 billion or more. Notices marked ‡ do not state a company number and were linked by an exact match on the registered name. Contracts below the publication thresholds and those of devolved buyers that publish elsewhere are not included.

Government grants

1 grant

EVOLVE DYNAMICS LIMITED is recorded as the recipient of 1 central government grant, worth £187.4k.

Grant
  1. An innovative Uncrewed Aerial Vehicle (UAV) and enclosure to allow fast and efficient emergency response.Department for Science, Innovation and Technology · £187,365 · UKRI - Innovate UK - Scheme

From the Government Grants Register published by the Cabinet Office (financial years 2016/17 onwards, Open Government Licence v3.0). It covers grants from central government departments and their agencies where the register states the recipient's company number and the recipient name matches this company; grants from local authorities, lottery distributors and devolved governments are not included.

Registers and licences

Sponsor licence‡
Licence type and rating
Worker (A rating)
Route
Skilled Worker

On the Home Office register of licensed sponsors, which lists organisations licensed to sponsor workers from overseas.

International trade‡

Listed by HMRC as an importer of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: electrical equipment, optical, medical and measuring instruments, leather goods and bags, aircraft and machinery.

Listed by HMRC as an exporter of goods in 11 of the last 12 months on record, most recently August 2026. Main goods: electrical equipment, optical, medical and measuring instruments, aircraft and miscellaneous manufactures.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

24 events
  1. Hugh Thomas Francis MINNOCK resignedDirector
  2. David GUY appointedDirector
  3. Michael Verkhovtsev DEWHIRST resignedDirector
  4. Thomas REDMAN appointedDirector
  5. Financial year 2024 endedAccounts: net assets £4.8m, 39 employees
  6. Victor Manuel CHAVEZ appointedDirector
  7. Hugh Thomas Francis MINNOCK appointedDirector
  8. Mr Michael Verkhovtsev Dewhirst ceased to be a person with significant control
Earlier events (16)
  1. Mrs Lidija Valteris ceased to be a person with significant control
  2. Rajai Ahmad Daoud AYASH resignedDirector
  3. Financial year 2023 endedAccounts: net assets −£283.3k, 24 employees
  4. Helen Melissa REYNOLDS appointedDirector
  5. Melvyn Stanley James SIMS appointedDirector
  6. Financial year 2021/22 endedAccounts: net assets −£1.2m, 16 employees
  7. Financial year 2020/21 endedAccounts: net assets −£1.2m, 15 employees
  8. Mr Michael Verkhovtsev Dewhirst ceased to be a person with significant control
  9. Financial year 2019/20 endedAccounts: net assets −£568.9k, 12 employees
  10. Rajai Ahmad Daoud AYASH appointedDirector
  11. Lidija VALTERIS appointedSecretary
  12. Michael Verkhovtsev DEWHIRST appointedDirector
  13. Mr Michael Verkhovtsev Dewhirst registered as a person with significant control
  14. Mrs Lidija Valteris registered as a person with significant control
  15. Mr Michael Verkhovtsev Dewhirst registered as a person with significant control
  16. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.